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...
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 be...
This week’s JP Morgan 2022 Industrials Conference gave some interesting insights on how major lessors look at the current situation in Russia. The picture that emerges from this is that many key lessors don’t think that there is an imminent risk of fully writing down...
Lessor Air Lease Corporation (ALC) says it is making good progress on getting its aircraft back from Russian airlines. “We are making good headways and minimizing our exposure on a weekly basis”, Chairman of the Board Steven Udvar-Hazy said on March 16 during the JP...
With tensions between Russia and Ukraine, what might be the impact if a conflict should break out in the region? Looking at the largest western airline groups, the percentage of operations into Ukraine is relatively low, under one percent for each of the major airline...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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