Embraer’s Eve aware of public acceptance issues of UAMs
Subscriber content – Sign in Subscribe
Tag Avolon
DAE takes write-off on Russian fleet too
Another lessor has confirmed an impairment on aircraft that it has been unable to repossess from customers in Russia. Dubai Aerospace Enterprise (DAE) reported a $537.9 million net write-off on nineteen aircraft. DAE takes write-off on Russian fleet too. Originally, DAE…
Avolon: $304 million impairment on Russia
Avolon has taken a $304 million impairment on aircraft leased to Russian customers that are now subject to international sanctions. The recognition reduces the carrying value of ten aircraft to zero, the lessor said on May 3 in its Q1 results…
Aircraft insurance rates on a surge following situation in Russia
Aircraft insurance rates have surged, following the situation with aircraft confiscated and nationalized by the Russian authorities. Robert Martin, managing director and CEO of BOC Aviation, told the CAPA Aviation Leader Summit in Manchester that the effect is already visible short-term…
Vertical opens up Turkish UAM market with Avolon and Gözen
Irish lessor Avolon has placed fifty Vertical Aerospace VX4 eVTOL aircraft with Gözen Holding, making it the first to enter the Turkish market for urban air mobility (UAM). Gözen plans to develop this emerging market, notably around Istanbul and its…
Russian leases: no fear for full writedown of assets
Subscriber content – Sign in Subscribe