AerCap settles insurance claim over part of its Russian fleet
Tag russian
Russian write-off pushes lessor DAE into a loss
The acquisition of the aircraft portfolio of SKY Fund I and the effects of the war in Ukraine dominated 2022 for aircraft lessor Dubai Aerospace Enterprise (DAE). While it grew its portfolio, a write-off on nineteen aircraft in Russia pushed DAE…
Russian sanctions bite deeper
Russian sanctions bite deeper
Russian Federal Air Transport Agency checking airworthiness 600 aircraft by the end of year
Russian Federal Air Transport Agency checking airworthiness 600 aircraft by the end of year
Russian civil aircraft to have anti-missile systems
Russian politician, Oleg Tsarev proposed that Russian civil aircraft should be equipped with anti-missile systems. He suggested that this could allow the opening of airports in the south of Russia before the end of the “special operation”. To date, the…
SMBC takes $1.6 billion impairment on Russian fleet
Lessor SMBC Aviation Capital has taken an $1.6 billion impairment on 34 of its aircraft that are still in Russia, it reported on July 8. This makes SMBC’s loss on Russia one of the largest of all lessors. SMBC takes…