For decades, commercial airline travel has gotten progressively safer. But one cause of deaths has stubbornly persisted: pilots who intentionally crash in murder-suicides. Preliminary evidence suggests the crash of a China Eastern Airlines Corp. jet in March may be the …
“We’re too low! We’re too low! We’re too low!” The Boeing Co. 737 co-pilot’s frenzied warnings on Sept. 28, 2018 came too late. Within seconds, the Air Niugini Ltd. passenger flight slammed into the waters of the western Pacific, half …
Insurance premiums are doubling or more for some aviation and marine business particularly exposed to the war in Ukraine, increasing costs for airline and shipping firms, industry sources say. Global commercial insurance premiums rose 11% on average in the first …
Investigators looking into the crash of a China Eastern Airlines jet are examining the actions of the crew on the flight deck, with no evidence found of a technical malfunction, two people briefed on the matter said. In mainland China’s …
Russia’s biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies “as part of the fulfillment of contractual obligations.” More than 400 aircraft leased from Western firms, worth almost $10 billion, have been …
Lessors with hundreds of jets stuck in Russia are preparing for what one said would be a “vigorous” pursuit of insurance claims while maintaining discreet contact with some customers after Moscow blocked the jets from leaving. The loss of over …
PARIS (AP) – The lone survivor of a 2009 plane crash that killed 152 other people was expected to attend the trial of Yemen’s main airline which opened Monday in Paris. At just 12 years old, Bahia Bakari clung to …
The Middle East’s biggest plane-leasing firm wrote off half-a-billion dollars for aircraft stranded in Russia, after the Kremlin issued a law preventing foreign-owned jets from leaving the country without state permission. Dubai Aerospace Enterprise booked a $538 million write-off for …
The European Union’s Aviation Safety Agency (EASA) regulator warned on Thursday of increased risks to airlines due to the war in Ukraine, such as civil planes being accidentally targeted as well as an increased risk of cyber attacks. “As shown …
Major aircraft lessor Avolon recorded a first-quarter impairment of $304 million to cover the full financial impact of having 10 jets still stuck in Russia following European Union sanctions that forced the termination of all Russian leases. Ireland’s Avolon said …
