The head of the world’s largest aircraft leasing company, AerCap, said on Wednesday that Russia may look to buy used aircraft or engines if and when its markets reopen but that he saw no rush by Western lessors to resume …
Avolon and BOC Aviation, two of the world’s largest aircraft lessors, have settled lawsuits in the Irish courts against insurers over jets stranded in Russia following Western sanctions in 2022, they said on Friday. Lessors are suing dozens of insurers …
The world’s largest aircraft lessor has agreed to settle an insurance claim over Russia’s refusal to return 17 jets leased to airline Aeroflot, a landmark agreement in a dispute over 400 Western planes stranded in the wake of the Ukraine …
Aircraft leasing companies, which own most of the world’s passenger jets, face a tricky balance between risks and rewards after losing 400 planes in Russia, but have made no “knee-jerk” withdrawal from any major market yet, executives said. The lessors …
Lessors with hundreds of jets stuck in Russia are preparing for what one said would be a “vigorous” pursuit of insurance claims while maintaining discreet contact with some customers after Moscow blocked the jets from leaving. The loss of over …
Ireland hit Facebook’s WhatsApp with a record 225 million euro ($266 million) fine on Thursday following an inquiry into the messaging app’s transparency around sharing personal data with other Facebook companies. WhatsApp said the fine was “entirely disproportionate” and that …
DUBLIN – Ireland’s health service operator shut down all its IT systems on Friday to protect them from a “significant” ransomware attack, crippling diagnostic services, disrupting COVID-19 testing and forcing hospitals to cancel many appointments. An international cyber crime gang …
The key mechanism used by Facebook to transfer data from the European Union to the United States “cannot in practice be used” for such transfers, according to Ireland’s Data Protection Commission, Facebook said on Wednesday. The U.S. social media giant …
Ireland’s High Court has refused a request by Facebook to delay referral to Europe’s top court of a landmark privacy case that could strike down legal instruments used by U.S. tech companies to transfer EU users’ data to the United …
Facebook bid on Monday to block referral of a landmark privacy case to Europe’s top court by requesting a last-ditch appeal, seeking to avoid a potential ban on the legal instrument it uses to transfer users’ data to the United …
