Russian Deputy Prime Minister says all foreign leased aircraft will remain in Russia
All foreign leased aircraft still in Russia after the termination of Western leasing contracts will remain in Russia, Deputy Prime… 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 »
BOC Aviation sues Russia’s AirBridgeCargo over 747-8F
The fall-out from the Russian invasion of Ukraine has made its way to the US District Court in New York… 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 »
Global lessors face legal quagmire on $10 billion Russian jet repos
Global leasing companies staring at an imminent sanctions deadline to repossess more than 400 jets worth almost $10 billion from… Read More »
Russia roils plane-backed bonds by keeping $10 billion of jets
Russia’s decision to block foreign owners from seizing hundreds of planes worth about $10 billion is roiling a market where… Read More »