AerCap has agreed to settle its insurance claim over seventeen airliners and five engines that are still in Russia. The lessor will receive $645 million for the assets, that were on lease to Aeroflot and Rossiya but which they refused…
UPDATE – After four years and seven months to the day of its first flight, the Russian Irkut MC-21-300 has received its type certificate on December 28. The Federal Air Transport Agency Rosaviatsiya awarded the basic certificate after the MC-21…
Irkut Corporation has had meetings with four airlines about the MC-21 at this week’s Dubai Airshow, trying to convince them that Russia’s newest airliner is a good plane for them to have. Dubai is the first big airshow where the…
Aeroflot Group has significantly reduced losses in the second quarter and during the first six months, it reported on August 2. The Russian airline group posted a RUB 1.431 billion Q2 loss, which compares to a RUB 26.156 billion loss…
On the first day of the Moscow airshow MAKS2021 , Irkut Corporation signed orders and leasing agreements for 58 Sukhoi Superjet 100s. It completes a rather quiet day on the commercial aviation side. New leasing arrangements for 58 Superjet SSJ100s.…
Russia’s Aeroflot Group recorded a RUB-95.527 billion net loss for the fiscal year 2020, down from a RUB 5.287 billion profit in 2019. This includes the effect of large-scale (fixed) cost reductions, optimization measures, and capacity cuts. Cargo operations partly…