Russia’s Aeroflot buys 10 stranded Boeing 777s from Irish lessor
Russia’s flag carrier Aeroflot has purchased 10 stranded Boeing 777 jets from Irish aircraft leasing companies. The Moscow-based airline recently… Read More »
Aircraft leasing firms are suing insurers for $6.5 billion
Aircraft leasing firms are suing dozens of insurers for around $6.5 billion in a string of lawsuits over the loss… Read More »
Aircraft lessor BOC Aviation sues 16 insurers over claims for jets stuck in Russia
BOC Aviation has begun legal action in pursuit of claims against 16 insurers over aircraft the lessor owns that are… Read More »
Aeroflot maps future direction with order for 339 Russian-built UAC aircraft
The sanctions imposed upon Russia in response to its invasion of Ukraine have impacted the country’s aviation sector, with access… Read More »
Four Russian cargo carriers to receive subsidies
The Volga-Dnepr Group is among four Russian cargo airlines that will receive government support subsidies. Russian state-owned news agency Ria… Read More »
Russian airlines are refusing to return 400 leased jets from foreign companies
Russia’s airlines are refusing to return 400 planes they’d leased from foreign companies; the planes are worth billions. Early last… Read More »
Aircraft leasing company takes $1.6 billion hit with 34 jets being held hostage by Putin
Russia is holding onto hundreds of foreign aircraft as it dodges sanctions, and passed a law in March 2022 allowing… Read More »
Russia to invest $14.5bn for nearly 1,000 new local aircraft production
The country aims to manufacture nearly 1,000 new, locally-built aircraft for Russian airlines. Understand the impact of the Ukraine conflict… Read More »