The Boeing Starliner finally had its first crewed flight today, joining Space-X as a supplier of lift to the International Space Station for NASA. The good news is that the launch was successful, and the astronauts are safely in orbit. …
South Africa-based regional carrier Airlink says it will focus its energies on growing the business, in the aftermath of a court decision this week, which further dimmed prospects for recovery of R890 million ($50.5 million) in ticket revenues, owed by former…
JetBlue beats off Frontier and wins Spirit
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.…
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…
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