AerCap has agreed to settle its insurance claim over seventeen airliners and five engines that are still in Russia. The lessor will receive $645 million for the assets, that were on lease to Aeroflot and Rossiya but which they refused to return after the start of the...
Two days ago United Aircraft Corporation (UAC), Russia’s main aircraft OEM announced a deal with Aeroflot for 339 aircraft. Deliveries start in 2023 and go through 2030. Aeroflot decides to buy a new fleet. The Russian-made aircraft have limited range but that...
Turkish Airlines continued its recovery by producing another profitable quarter, turning last year’s HY1 net loss into a solid profit. The carrier reported a $737 million net profit for January-June compared to $-1 million in the same period last year. Turkish...
Here is our rolling report with short aviation news for the month of May 2022: 25 – Airbus is to open a fifth Zero-Emission Development Center (ZEDC) as part of the ZEROe hydrogen project. The fifth center will be in Filton, making it the first in the UK. The...
We spoke with Oleg Evdokimov, who is currently in Russia and is a Russian aviation expert. Our conversation was constrained – we could not use certain words or language for his personal security. To be clear, traffic to our site from Russia has spiked and we...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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