Eric Trappier, Chairman and CEO of Dassault Aviation, provided an update at EBACE in Geneva. He spoke about the impact of the war in Ukraine as well as the impacts of the global pandemic. “We are finally back to an almost normal situation, at least close enough to...
Lessor AerCap has taken a $2.4 billion net charge on aircraft that are still in Russia and Ukraine since February, it said on May 17. The charge is for 113 aircraft and eleven engines that are unlikely to be repossessed. AerCap takes $2.4 billion net charge on...
Today’s Serbia has a long history, for many years part of Yugoslavia, and more recently as an independent nation. Serbia is a very important place for Russians. Belgrade is the hub for Russians trying to escape and get into Europe. In fact, Belgrade has seen...
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...
The Air Current and AirInsight have teamed up to raise money for Jose Andres’ incredible World Central Kitchen and his work inside Ukraine and Poland for those impacted by the war. We’re doing it in the most aviation-angled way possible, we’re...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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