UK High Court to Hear $10 Billion Aircraft Lessors’ Claims Against Reinsurers Over Grounded Russian Planes
The UK High Court has established its authority to preside over a $10 billion dispute involving aircraft lessors and several… Read More »
Russian Airline Safety Could Reach a Critical Point in 2024
The Russian commercial aviation sector faces an unprecedented challenge as it enters 2024, grappling with the repercussions of international sanctions… Read More »
Hokkaido Airports Explores New Opportunities Amidst Russian Airspace Closure
Hokkaido Airports, a pivotal player in Japan’s aviation sector, is navigating through challenges posed by the continued closure of Russian… Read More »
Emergency Landing in Yakutsk: Yakutia Airlines Superjet 100 Responds to Fire Alert
In a recent aviation incident, a Yakutia Airlines Superjet 100 was forced to make an emergency landing at Yakutsk Airport… Read More »
Air Lease Corporation Settles $64.9 Million Insurance Claim with NSK for S7 Airlines
Air Lease Corporation (ALC) has successfully settled a $64.9 million insurance claim with Russia’s NSK for three A320-200s and one… Read More »
Russian Government Acquires 92 Aircraft from Foreign Lessors Valued at $2 Billion
In a series of agreements with foreign lessors, including the prominent Irish leasing company AerCap, the Russian government has completed… Read More »
Russian Aircraft Incidents Triple in 2023 Amidst Spare Parts Shortages and Sanctions
A concerning surge in safety incidents involving Russian aircraft has unfolded in 2023, largely attributed to a critical shortage of… Read More »
Volga-Dnepr Airlines Initiates Lawsuit Against Canada Over Sanctions Impact on An-124 Freighter
Russia’s Volga-Dnepr Airlines has filed a lawsuit against the Canadian government challenging sanctions imposed on the airline, a move that… Read More »