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Finance and Procurement of Aerospace Activities


Admission requirements

Admission to the full time and parttime Blended Learning advanced LL.M. programme in Air and Space Law.


The course aims to provide students with knowledge of topics falling under financial services and procurement regimes of both air and space activities. Lectures on aircraft financing cover the Geneva Convention, the Cape Town Convention including the aircraft protocol and, financial transactions pertaining to aircraft and aircraft parts, aircraft leasing and aircraft repossession. For space activities topics include space insurance, risk, and liability, contracting and procurement in space, the UNIDROIT Space Protocol and dispute settlement.

Course Objectives

Upon completion of this course, students should be able to:

  • Identify and understand the key issues arising in the areas of finance and procurement of aerospace activities;

  • Know the most important case law regarding aircraft finance;

  • Explain the rules and their applicability to aircraft financing and procurement regimes in space activities;

  • Analyse and adress various legal issues pertaining to finance and procurement of aerospace activities;

  • Apply legal rules to problem scenarios and to solve practical case studies; and

  • Undertake an individual research project in finance and procurement of aerospace activities.


Students can view the timetable in Brightspace. Participation in the online classes is optional for Blended Leaners.

Mode of Instruction

This course has been divided into several different modules, each of which covers a specific theme. Each module provides students with theoretical knowledge through assigned reading materials and multimedia knowledge clips. Students are responsible for coming to classes prepared, which in turn provides for elevated levels of discussion in classroom sessions.

The lecturers make extensive use of interactive teaching, thus encouraging students to test their comprehension of the subject matter and to exercise their techniques for effective verbal communication. The level of interaction is high, and students are encouraged to reflect critically on the issues presented. Guest lecturers and expert practitioners are invited to highlight topical and emerging topics and themes from various perspectives.

Attendance at all lectures and on excursions is mandatory; any absence must be reported to the Programme Coordinator and the lecturer.

Assessment method

  • a Written assessment (65%); and

  • an Oral assessment (35%)

Blended learning students will work on three assignments, to be submitted via Brightspace.

The course is successfully passed if a grade for the course is obtained of 6.0 or higher. Only one retake may be granted to a student per course.

No retake will be granted to a student who has obtained a weighted average grade for the course of 6.0 or higher, cf Article 12.2 Course and Examination Regulations. No retake will be allowed if a student has not taken the scheduled exam, or any other scheduled form of assessment, and handed in written proof of a conscientious effort to meet the deadline. This is without prejudice to justified reasons of health, family or any other force majeure that could prevent the student from attending class or from participating in the assessment, cf. Article 12.3.

If a student fails an assessment component that is part of an activity that cannot be retaken, the form of the retake will be up to the discretion of the relevant lecturer, cf. Article 12.1.

The grade obtained in the retake assessment will replace the grade of the failed assessment.

Reading list

Pablo Mendes de Leon (ed.), Introduction to Air Law, (Kluwer, 2022)


Students will be registered automatically for the course in uSis and Brightspace.


International Institute of Air and Space Law (IIASL)
Law School, Leiden University
Steenschuur 25, 2311 ES Leiden, Netherlands
Postal address: P.O. Box 9520, 2300 RA Leiden, Netherlands
Phone : +31 71 527 8081


Currently these pages are being updated to reflect the courses for 2023 - 2024. Until these pages are fixed as per 1 September 2023 no rights can be claimed from the information which is currently contained within. Should there be any future extenuating circumstances which may impinge our teaching and assessment, these could necessitate modification of the course descriptions after 1 September. This will only happen in the event of strict necessity and the interests of the students will be taken into account. Should there be a need for any change during the course, this will be informed to all students on a timely basis. Modifications after 1 September 2023 may only be done with the approval and consent of the Faculty Board and Programme Director.