The Cape Town Convention (“CTC”) and the Mobile Protocol (“MP”) (collectively “Convention”) are 2 legal instruments that were created to facilitate the financing of aircraft and aircraft engines. These instruments only are applicable if there is a financing of some sort involved including a lease arrangement. In case of a straight out sale-purchase of an aircraft without any financing or lease involved these instruments don’t play a role. To determine if these instruments are applicable you need to look at the transaction or the envisioned transaction. If the aircraft is going to be registered in a country that is …