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...
DHL Operated Boeing Jet Breaks in Two After Skidding Off Runway April 11, 2022 By Angus Whitley and William Wilkes A Boeing Co. 757 cargo jet operated by DHL broke in two after skidding off the runway at Juan Santamaria...
Qatar Airways Says It Wasn’t Obliged to Accept Deliveries of Flawed Jets From Airbus April 8, 2022 By Charlotte Ryan Qatar Airways said it wasn’t obliged to accept deliveries of Airbus SE A350 jetliners until an issue with surface paint...
Aircraft Lessors Seeing ‘Horrendous’ Hikes in Insurance Premiums: BOC Aviation April 7, 2022 By Padraic Halpin The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to “horrendous” hikes...
Airbus, Qatar Airways’ Dispute Over Billions of Dollars of Jets Enters UK Court April 7, 2022 By Tim Hepher Airbus and Qatar Airways are set to face each other in court as a dispute over billions of dollars of...
Global Insurance Losses From Russia-Ukraine War Could Range From $16B to $35B April 1, 2022 By L.S. Howard Global insurance losses from the Russia-Ukraine war could range from $16 billion to $35 billion, with reinsurers expected to assume...
Qatar Airways Says A350 Surface Flaws Cause Risk of Fuel Tanks Igniting March 31, 2022 By Charlotte Ryan and Katharine Gemmell Qatar Airways says surface flaws on Airbus SE’s A350 jets cause a risk of the fuel tanks igniting, bolstering its...
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...