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,...
On the back of a better than expected first half-year of its FY22, easyjet is predicting a headline loss before tax of £535-565 million. This is an improvement over last year. With strong forward bookings, capacity should be almost back to 2019 levels for this summer,...
Lessor Avolon thinks that the airline industry has reached an inflection point and is now in the re-build phase to sustained profitability. The company returned to profitability in 2021, reporting a $47 million net profit on February 8. Avolon thinks the worst is over...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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