Tag impairment

Aerospace, Lessors

Aircastle also writes off on Russian and Ukrainian fleet

Another lessor has to accept the financial implications of the situation in Russia. Aircastle has taken a $252 million impairment on thirteen aircraft that are unlikely to be repossessed from airlines. Of these, twelve are in Russia and one in Ukraine.…

Richard Schuurman
April 29, 2022

AerCap, Aerospace

AerCap to make impairment on aircraft ‘lost’ in Russia

UPDATE – AerCap, the world’s largest leasing company, expects to recognize an impairment on its assets leased to Russian airlines that have not been returned following the sanctions on Russia. The exact amount hasn’t been determined, but the impairment will…

Richard Schuurman
March 30, 2022