Aviation Regulators Press for Global Action to Reduce Injuries From Turbulence August 27, 2024 By Allison Lampert and Maki Shiraki Aviation officials from Asia are making a case for global action to reduce injuries from turbulence, with recent high-profile incidents...
Airbus Tests Electric Truck With Airliner Cockpit to Study Safer Taxiing May 24, 2024 By Tim Hepher Airbus is showing off an unusual vehicle – a truck fitted with basic A350 airliner controls – that it hopes...
Allianz Is Lead Insurer for Singapore Airlines Incident: Sources May 24, 2024 Allianz is the lead insurer for the Singapore Airlines aircraft which left one person dead and scores injured after it...
Russia’s Largest Cargo Airline Ordered to Pay Aircraft Lessor BOC Aviation $406.2M April 12, 2023 By Jonathan Stempel /A U.S. judge on Tuesday ordered Russia’s largest cargo airline to pay aircraft lessor BOC Aviation Ltd. $406.2 million after...
Aircraft Lessor AerCap Says Russian Airlines Proposing Settlements for Stranded Jets March 3, 2023 Aircraft lessor AerCap said on Thursday it had been approached by Russian airlines and their insurance companies about possible settlements...
Airbus and Qatar Airways Settle Bitter Dispute Over Grounded A350 Jets February 3, 2023 By Tim Hepher Airbus and Qatar Airways have settled a dispute over grounded A350 jets, the companies said on Wednesday, averting a potentially...
Aircraft Leasing Companies Cautious About Risky Markets After $10B Hit in Russia January 23, 2023 By Conor Humphries and Padraic Halpin Aircraft leasing companies, which own most of the world’s passenger jets, face a tricky balance between risks and rewards after...
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...
Aircraft Lessors’ Lawsuits Against Their Insurers Rise to $8B for Seized Russian Planes November 30, 2022 Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over the loss...
SMBC Joins List of Aviation Lessors Suing Insurers Over Jets Stuck in Russia November 29, 2022 SMBC Aviation Capital has joined most of the world’s largest aircraft lessors in pursuing insurance claims through the courts over...