Air Lease Profit, Revenue Rise on Insurance Payout and Aircraft Demand August 5, 2025 By Dan Catchpole, Shivansh Tiwary and Anshuman Tripathy Aircraft lessor Air Lease Corp. reported a rise in second-quarter profit and revenue on Monday, due to a $344 million...
Chinese Engines, Shipped as ‘Cooling Units,’ Power Russian Drones Used in Ukraine July 24, 2025 Chinese-made engines are being covertly shipped via front companies to a state-owned drone manufacturer in Russia, labeled as “industrial refrigeration...
What’s in the EU’s 18th Sanctions Package Against Russia? July 21, 2025 By Kate Abnett, Enes Tunagur and Milan Strahm Here are the details of the European Union’s 18th package of sanctions against Russia over its war in Ukraine, approved...
EU’s New Russia Sanctions Aim for More Effective Oil Price Cap July 18, 2025 By Andrew Gray and Lili Bayer The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures...
European Commission to Propose Floating Russian Oil Price Cap July 11, 2025 By Julia Payne and John Irish The European Commission is expected to propose a floating Russian oil price cap this week as part of a new...
Most G-7 Members Ready to Lower Russian Oil Price Cap Without US June 12, 2025 By Julia Payne and John Irish Most countries in the Group of Seven nations are prepared to go it alone and lower the G-7 price cap...
Insurers Must Pay Up for Jets Seized by Russia, UK Judge Rules June 11, 2025 By Upmanyu Trivedi Insurance companies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the...
EU Proposes Nord Stream Ban, Lower Oil Cap to Hit Russia June 11, 2025 By Andrea Palasciano The European Union proposed a ban on the Nord Stream gas pipelines and the reduction of an oil price cap...
Russia’s Aeroflot to Settle Deals for Last 36 Planes Leased From West June 6, 2025 Russian flag carrier Aeroflot expects to sign settlement deals with Western insurers and leasing firms on the last 36 planes...
Sweden to Boost Insurance Checks on Foreign Ships as Worries About Russia Rise June 2, 2025 Sweden said Saturday it will step up insurance checks on foreign ships in a move aimed at tightening controls on...