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Aircraft insurance rates on a surge following situation in Russia

Aircraft insurance rates on a surge following situation in Russia

by Richard Schuurman | Apr 7, 2022 | Aerospace, Lessors | 0 comments

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...
AerCap to make impairment on aircraft ‘lost’ in Russia

AerCap to make impairment on aircraft ‘lost’ in Russia

by Richard Schuurman | Mar 30, 2022 | AerCap, Aerospace | 0 comments

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...
Russian leases: no fear for full writedown of assets

Russian leases: no fear for full writedown of assets

by Richard Schuurman | Mar 18, 2022 | Airlines, Lessors | 0 comments

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ALC making good progress on repossessing Russian aircraft

ALC making good progress on repossessing Russian aircraft

by Richard Schuurman | Mar 16, 2022 | Air Lease Corp, Airlines, Lessors | 0 comments

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...
How would a conflict in Ukraine impact European airlines?

How would a conflict in Ukraine impact European airlines?

by Ernest Arvai | Feb 21, 2022 | Aerospace, Airlines | 0 comments

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...

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