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Russian Spares for Airbus and Boeing Aircraft

Russian Spares for Airbus and Boeing Aircraft

by Ernest Arvai | Jun 7, 2022 | Airbus, Boeing | 0 comments

Russia plans to manufacture unauthorized and unapproved spare parts for Airbus and Boeing aircraft, as their supply lines have been cut by economic sanctions.  This could further deteriorate the value of leased western aircraft operating in Russia, as the use of...
DAE takes write-off on Russian fleet too

DAE takes write-off on Russian fleet too

by Richard Schuurman | May 9, 2022 | Aerospace, DAE | 0 comments

Another lessor has confirmed an impairment on aircraft that it has been unable to repossess from customers in Russia. Dubai Aerospace Enterprise (DAE) reported a $537.9 million net write-off on nineteen aircraft. DAE takes write-off on Russian fleet too. Originally,...
ALC hopes to restore relationships with Russian customers – one day

ALC hopes to restore relationships with Russian customers – one day

by Richard Schuurman | May 6, 2022 | Aerospace, Air Lease Corp | 0 comments

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Aircastle also writes off on Russian and Ukrainian fleet

Aircastle also writes off on Russian and Ukrainian fleet

by Richard Schuurman | Apr 29, 2022 | Aerospace, Lessors | 0 comments

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. Last week, Air...
Russian worries grow Boeing’s ASC 606 uncertainties

Russian worries grow Boeing’s ASC 606 uncertainties

by Richard Schuurman | Apr 13, 2022 | Boeing | 0 comments

“It is way, way too early to determine the effect of the situation in Russia”, Boeing’s Ihssane Mounir, Senior Vice President for Commercial Sales and Marketing, told AirInsight two weeks ago. He might be right, but Boeing’s accounting office has taken a different...
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