Pillsbury moved up one spot in Airfinance Journal’s 2017 Global Legal Survey, earning the No. 2 spot in the list of the top aircraft finance practices in the world. The magazine’s annual survey of the law firms most frequently involved in global aviation finance transactions credits Pillsbury with a critical role in 138 deals in 2016—the third most of any firm and almost 30 percent more than the next most active legal advisor.

Beyond its impressive showing in Airfinance Journal’s overall results, Pillsbury also excelled in a number of geographic and structural subcategories in the publication. The firm led the way in closing deals originating in Africa and North America and for the number of capital markets transactions it oversaw in 2016. Pillsbury also achieved top-five rankings by volume for its work in Latin America (3rd), the Middle East (3rd) and Europe (4th) as well as for the number of commercial loan (2nd), operating lease (3rd) and sale & purchase (3rd) transactions on which it advised.

Airfinance Journal is the leading source of financial information and analysis for the commercial airline industry. Its annual legal survey, now in its fourth year, is based on data submitted to Airfinance Journal’s deals database. The survey only reflects transactions from the previous year.

Pillsbury’s Asset Finance team serves as a trusted adviser to the most established names in aviation as well as emerging players around the world, including manufacturers, airlines, lessors, financial institutions, corporations, individuals and other investors. Over the last five years alone, the group has helped a diverse range of market participants get or keep more than 1,600 commercial and business aircraft flying, reflecting an aggregate asset value of more than $75 billion.