The Russian airline industry is on the ‘verge of collapse’ and ‘exposing its population to mortal danger’ revealed the Main Intelligence Directorate of the Ministry of Defense of Ukraine (HUR) after i...
Finland's flag carrier Finnair said its passenger numbers for December were up 38.9% year-on-year. "In December, Finnair carried 832,900 passengers, which was 38.2% more than in December 2021 and 10.9...
Flag carrier Finnair said on December 12 that it has agreed with other parties to extend to 2025 the maturity on a €600 million pension premium loan. The deal was needed for the airline "to maintain i...
Finnair carried 750,800 passengers in November 2022, 54.2% more than in the same month the year before but down 13.4% on October 2022. The Helsinki-based carrier said the month-on-month drop was in p...
After arguing for months that governments should not list titanium among the commodities sanctioned in response to Russia's invasion of Ukraine, Airbus on Friday (Dec.2) said it would stop sourcing th...
EasyJet has reported a headline loss before tax of £178 million for the financial year to September after fourth quarter earnings (EBIDTAR) hit a "record" £674 million. The annual numbers were "signif...
Cargologic Air went into administration in mid-November after a shareholder was sanctioned by the UK government in June over Russia's invasion of Ukraine four months earlier. The measures meant the ca...
In a March 30 press release, the US Commerce Department updated its March 18 list of aircraft that have flown into Russia in apparent violation of Export Administration Regulations by adding 73 aircra...
The Department of Civil Aviation Aruba (DCA) has implemented several sanctions relating to aircraft based in Russia and/or connected to Russian entities in accordance with recent, applicable internati...
In a new research note, EDHECinfra shows that international sanctions have only destroyed a fraction of the value of Russia's airport sector so far. As of March 2022, revenues lost to foreign airspace...
Kroll Bond Rating Agency (KBRA) has commented in a research note that the fate of aircraft trapped in Russia are unclear but dim as the deadline to repossess aircraft hurtled closer. KBRA says that th...
Following the news that all Bermudan registered aircraft operating in Russia have had their Certificate of Airworthiness (CofA) withdrawn, Cirium looked at the number of Bermuda registered aircraft an...
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