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...
GE, Safran Find Bogus Parts on More Jet Engines in AOG Probe October 25, 2023 By Ryan Beene CFM International Inc. identified more aircraft engines and forged documents linked to the UK parts distributor behind an alleged scheme...
Aviation War Insurers Cancel Cover for Airlines Domiciled in Israel, Lebanon: Sources October 19, 2023 By Carolyn Cohn, Noor Zainab Hussain and Steven Scheer Aviation war insurers have given notice to cancel cover for some airlines domiciled in Israel and Lebanon because of the...
Israel to Provide $6 Billion War Insurance Cover for Israeli Airlines October 13, 2023 Israel’s parliamentary finance committee approved a plan to provide a state guarantee of $6 billion to cover insurance against war...
Fidelis MGU and Castlelake Launch Aviation-Focused ‘Itasca MGA’ October 12, 2023 Pine Walk Capital Ltd., a specialist MGA platform and wholly owned subsidiary of specialty re/insurer Fidelis MGU, and Castlelake L.P.,...
Update: Airlines Wrestle With Safety Risks of Evacuation Operations in Israel October 12, 2023 By Anna Ringstrom and Bart H. Meijer Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with Norwegian Air and Dutch KLM canceling...
Brink’s Sues Air Canada After $17 Million Heist of Gold and Cash October 12, 2023 By Geoffrey Morgan An unsolved $17 million heist of Swiss gold and cash near Canada’s busiest airport has led Brink’s Co. to sue...
Airlines Face Israel Insurance Alert in Wake of Weekend Attacks October 12, 2023 By Anna Ringstrom , Bart H. Meijer and Tim Hepher Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with carriers including Dutch KLM canceling flights...
Jet Engine Maker CFM Says Suspect Parts Reached its Own Repair Shops October 5, 2023 By Tim Hepher Jet engine maker CFM International said on Wednesday the number of engines suspected of containing falsely documented parts from a...
MGA Skyrisks Officially Launches With Investment, Capacity From Convex Group October 3, 2023 Skyrisks Ltd., the London-based MGA and specialist in the advanced air mobility (AAM) sector, has officially launched with capacity and...