Harry Upcott

Partner

Finance

“He is an exceptional commercial attorney who understands all of the ins and outs of the aviation finance business.” (Chambers UK, 2025)

Harry Upcott Profile Picture

Overview

Harry is a partner in our London office whose practice focusses on structured and asset finance in the transportation and space sectors.

Read More

Experience

  • The issuer on an aviation loan asset-backed securitization (ABS); the $324.3 million ABS is backed by a static pool of loan facilities secured by 19 narrowbody aircraft, 3 widebody aircraft and 4 narrowbody host aircraft engines on lease to 12 lessees located in 11 jurisdictions (Structured Finance Deal of the Year, Airline Economics, 2024)

  • AviLease on its $3.6 billion acquisition of Standard Chartered Bank’s global aviation leasing business, Pembroke Capital, including the associated $2.1 billion acquisition financing debt facility (M&A Deal of the Year, Airline Economics, 2023)

  • PK AirFinance as arranger of a super senior post-bankruptcy facility for Nordic Aviation Capital

  • The issuer on an aircraft loan securitization, ‘SALT 2021-t SALT 2021-1 Trust issued a total of $893.47 million of notes backed by loans secured by 156 aircraft operated by 45 airline operators located in 29 jurisdictions (Americas Capital Markets Deal of the Year, Airline Economics, 2022)

  • An alternative investment firm and an investment management and advisory firm on the formation of a JV aviation platform and the acquisition of a $1.1 billion performing aircraft loan portfolio from National Australia Bank; the portfolio comprised of 27 loan facilities secured by 159 aircraft, with a collateral valuation of $1.4 billion (Asia-Pacific M&A Deal of the Year, Airline Economics, 2022)

Credentials

Education

  • BSc (Hons), Politics and Social Policy, University of Bristol
  • LPC, The College of Law, Guildford
  • Post Graduate Diploma, Law, The College of Law, Guildford

Admissions

  • England and Wales

Recognitions

  • Chambers UK, Asset Finance: Aviation Finance, 2017–2026
  • Legal 500 UK, Finance – Transport Finance and Leasing, 2026
Insights

Articles

Structural Innovation: Master Trusts in Aircraft ABS Transactions

Overview The aviation asset-backed securitization (ABS) market continues to strengthen. Aviation ABS activity in 2025 exceeded US$10.3 billion in public …

January 15, 2026 • Demi Hueth and David Berkery outline how the aviation ABS market exceeded $10.3 billion in 2025 and introduced a key structural innovation: the master trust. This flexible structure enables issuers to finance multiple aircraft portfolios over time from a single trust, improving efficiency and lowering costs. As investor familiarity with identified and blind pools increases, master trusts are positioned for continued use in 2026 and beyond.

January 15, 2026 • 4-minute read

News & Achievements