Aeroflot is looking to place an order for 300 Russian narrowbody aircraft
The airline is seeking to increase its fleet of narrowbody aircraft while reducing its dependence on Boeing and Airbus. Russia’s… Read More »
Chinese airspace is now closed to Airbus and Boeing aircraft operated by Russian airlines
The Civil Aviation Administration of China (CAAC) has reportedly banned Airbus and Boeing aircraft operated by Russian airlines from entering… Read More »
World’s largest aircraft owner AerCap lost 113 planes to Russia due to sanctions
AerCap Holdings, the aircraft leasing giant that is the world’s largest owner of jets, lost 113 planes when Russia seized… Read More »
Aircraft lessor Avolon recorded a Q1 impairment of $304 million over Russian jets
Major aircraft lessor Avolon recorded a first-quarter impairment of $304 million to cover the full financial impact of having 10… Read More »
Air Lease to write off more than $800 million in aircraft in Russia
Air Lease Corp. disclosed Monday Apr. 25 that it will record a charge of $802.4 million to write off 27… Read More »
IBA data shows Russia has re-registered 360 aircraft after sanctions
Russia has re-registered 360 aircraft since the start of March 2022, according to new data from consultancy IBA. IBA says… Read More »
Boeing removes 141 airplanes from its order book due the Russian war against Ukraine
Boeing has removed 141 airplanes from its backlog of pending orders, many of them because of what it termed geopolitical… Read More »
Russia to resume flights with Israel and 51 other ‘friendly’ countries
Russia plans to end restrictions on flights to and from 52 countries after April 9, part of its plans to… Read More »