Avolon Reports US$304m Impairment on Russia
Avolon has recorded a US$304m loss on aircraft leased to Russian customers who are now subject to international sanctions.
Avolon has recorded a US$304m loss on aircraft leased to Russian customers who are now subject to international sanctions.
Ukraine has revealed that a Russian missile attack destroyed the runway at Odesa International Airport (ODS).
After halting operations in Ukraine and Russia due to the ongoing conflict, airBaltic (BT) will wet-lease a portion of its A220s.
Ukraine’s Dnipro International Airport (DNK) and surrounding facilities were destroyed by the Russian Army yesterday in a missile attack.
The US Commerce Department has announced enforcement charges against Aeroflot (SU), Azur Air (ZF), and UTair (UT) for breaching export limits.
LATAM Airlines Group (LA) is taking strong steps to aid refugees from around the world following the Russian invasion of Ukraine.
Video footage has surfaced showing an Antonov AN-124-100-150M damaged at Hostomel Airport (GML) amid the Russian invasion of Ukraine
Russian President Vladimir Putin has decreed that Russian airlines will be able to use rubles via accounts at Russian banks to pay leasing companies from “unfriendly” countries for the use of aircraft and engines.
Willie Walsh, IATA Director General, shared the perspective of the association on the war in Ukraine and the ensuing humanitarian crisis. His words are followed by an analysis from IATA, ranging from safety concerns to the impact of soaring oil prices.
To ensure the supply of spare parts until the end of 2022, Russian carrier Pobeda (DP) has reduced its fleet from 41 to 25 aircraft.
You cannot copy content of this page