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 »
Washington sanctions Russia’s VEB-Leasin
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned the Russian state-owned development bank VEB… Read More »
Russia’s Kamchatka Airlines to lease three Cessna 208Bs
Kamchatka Airlines (Petropavlovsk Yelizovo) has secured three Cessna (single turboprop) 208B Grand Caravans on lease from GTLK – State Transport… Read More »
Russian low cost carrier pulls out of Boeing 737 MAX contracts
Russian airline Pobeda has pulled out of contracts for 20 Boeing 737 MAX planes, the low cost unit of national… Read More »
Russia’s Aurora inks LOI for eight SuperJets
Aurora (HZ, Yuzhno-Sakhalinsk) signed a letter of intent with Irkut for the acquisition of eight SSJ 100/95s during the ongoing… Read More »
Russia’s Vologda Air Enterprise to lease three Il-114s
Vologda Air Enterprise (VGV, Vologda) signed a letter of intent with GTLK – State Transport Leasing for the lease of… Read More »
Russia’s Red Wings inks LOI for 25 SuperJets
Red Wings Airlines (WZ, Moscow Domodedovo) has signed a letter of intent for twenty-five more SuperJets from Irkut to add… Read More »