Russia has reportedly asked the US to allow it to use frozen state assets to purchase Boeing aircraft, once a ceasefire is reached in Ukraine, Bloomberg reported, citing a source in Moscow.According t...
Air Lease Corporation (ALC) said on March 24, 2025, that it has received $328.5 million in insurance payouts, as part of insurance settlements related to its aircraft which were blocked from leaving R...
The European Union (EU) has tightened flight restrictions on Russia, extending a ban that prohibits third-country airlines from operating within the EU if they conduct domestic flights in Russia or su...
Avolon and BOC Aviation have both fully settled lawsuits in the Irish courts against insurers over aircraft detained in Russia following the issuance of Western sanctions in 2022, the lessors said on ...
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...
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