Aircraft leasing company Avolon casts doubt on renting to Russian airlines again
The CEO of major aircraft-leasing company Avolon on Tuesday accused Russia of “robbery” after President Vladimir Putin’s government seized several… Read More »
Foreign aircraft lessors lose hope of getting back Russian jets worth $10B
As the clock runs down to the Mar. 28 sanctions deadline for Russian airlines to hand back more than… Read More »
Air Canada to add 26 A321neo(XLR)s
Air Canada (AC, Montréal Trudeau) is set to secure twenty-six A321-200NX(XLR)s, including six ordered from Airbus, fifteen from Air Lease… Read More »
Aircraft insurers brace for a deluge of Russia-related claims
Aircraft-leasing firms working to retrieve planes from Russia are set to collide with an aviation-insurance industry bracing for an unprecedented… Read More »
Putin is ‘kidnapping’ Irish planes with new law that traps foreign-owned jets in Russia
Putin has passed a new law to keep foreign-owned aircraft in Russia, blocking sanctions which say the planes should be… Read More »
Irish civil aviation authority rescinds Russia-based COAs
Following on from its counterpart in Bermuda, the Irish Aviation Authority says it has now also revoked certificates of airworthiness… Read More »
Lessors start repossessing aircraft from Russian airlines
All European Union-based lessors have until March 28 to terminate existing contracts with Russian operators and have begun a frantic… Read More »
Contracts for 515 aircraft leased to Russian airlines will be terminated
Lessors are set to terminate hundreds of aircraft leases with Russian airlines following Western sanctions over the invasion of Ukraine… Read More »