Air Lease Corporation (ALC) will take an $802.4 million write-off on its aircraft remaining in Russia and which are unlikely to be repossessed, the lessor said in an SEC filing on April 22. ALC writes off 802 million on fleet…
Vistara, India's newest full-service airline, is looking to source widebody aircraft
Ukraine International Airlines posted an interesting message on LinkedIn last weekend. It is offering part of its fleet for wet leasing for charters or humanitarian flights, using aircraft that are outside the country. “Using our aircraft, you support UIA operations during…
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…
Kenya Airways saved $45 million after it changed aircraft lease terms
Air Lease Corporation (ALC) has placed an order for fifty additional Boeing MAX 8 and 9 aircraft to secure delivery slots with the US airframer. As it did in November when it ordered more Airbus A321neo aircraft, ALC wants to…