Details of Aviation Lessor Settlements With Russia Over Trapped Planes June 21, 2024 Aircraft leasing firms have struck settlements with Russia totalling around $2.7 billion for over a quarter of the roughly 400...
Russia’s Aeroflot Finalizes Insurance Settlement for 7 More Planes February 16, 2024 Russia’s Aeroflot has finalized insurance settlements with leasing companies for seven more planes, it said on Friday. Planes leased by...
Russia Flagship Carrier Aeroflot Says It Reached Settlement With Aircraft Leasing Firm November 13, 2023 Russian flagship carrier Aeroflot said on Thursday it had clinched a settlement with leasing company BOC Aviation under which nine...
SMBC Aviation Receives Cash Insurance Settlement Over Jets Stranded in Russia October 3, 2023 By Shivansh Tiwary and Kantaro Komiya Ireland-based aircraft lessor SMBC Aviation Capital on Monday said it had received a cash insurance settlement of $710 million for...
Russian Airlines Explore Buying Stranded Jets From Western Leasing Firms December 27, 2022 By Gleb Stolyarov and Carolyn Cohn Russian airlines have held exploratory talks with at least one major Western leasing firm about using state funds to buy...
Air Lease Says 21 Jets Stranded in Sanctions-Hit Russia April 13, 2022 Air Lease Corp. said on Tuesday it has 21 jets remaining in sanctions-hit Russia, two weeks after a Western deadline...
Aircraft Leasing Firm AerCap Files $3.5B Insurance Claim for Jets Stuck in Russia March 30, 2022 By Siddharth Philip AerCap Holdings NV, the world’s largest aircraft-leasing firm, is seeking about $3.5 billion from insurers related to jets and engines...
Jet Leasing Firms Tally Up Losses Stemming From Russia-Ukraine War March 30, 2022 By Siddharth Philip Aircraft leasing firms are tallying up losses stemming from Russia’s invasion of Ukraine, according to the head of Avolon Holdings...
Russian Airlines Could Be Frozen Out of Aircraft Leasing Market After Ukraine War March 29, 2022 By Tim Hepher Russian airlines could be frozen out of the aircraft leasing market well beyond the Ukraine conflict, one of the industry’s...
Irish Lessors Terminate All Russian Airline Leases March 29, 2022 All Irish lessors terminated their Russian airline leases by Monday’s European Union sanctions deadline and have so far had limited...