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 »
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 »
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 »
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 »
EU and U.S. sanctions aim to cripple Russian carriers
Having initially targeted Russia’s leasing sector, Western-backed sanctions have now taken aim at the country’s airline and aerospace sectors as… Read More »
Latvia-based lease operator SmartLynx Airlines will add two Boeing 737-8 Max jets
Latvia-based wet lease operator SmartLynx Airlines is set to introduce the Boeing 737 MAX to its fleet. The airline has… Read More »
EU sanctions Belavia, Cham Wings
The permanent representatives of all EU member states have agreed on a fifth round of sanctions on Belarus, including on… Read More »
EU mulls sanctions on Belavia, others over migration crisis
The European Union is considering imposing new sanctions on Belavia (B2, Minsk National) and other carriers connecting Minsk National with… Read More »