With sanctions in place, it wasn’t possible for Aeroflot and other airlines to buy aircraft from lessors or aircraft manufacturers. Unless..? When Russia invaded Ukraine in February, many countries around the world imposed sanctions on Russia. These sanctions meant...
How does an airline like Ukraine International deal with war? For now, the airline started wet-leasing its idle jets to other carriers. We have already seen that during Russia’s invasion of Ukraine, low-cost carrier Wizz Air had four jets in the country. This is...
In an expected move, AerCap, the world’s largest aircraft lessor, is making an insurance claim of $3.5 billion for aircraft seized in Russia. We knew that Russia’s decision to forcefully keep aircraft belonging to foreign lessors would affect more links in the chain,...
Boeing may be about to close a deal with FedEx, to transfer the lease of its Dreamlifter facility in Everett, following the 787 production move. It is perhaps an inevitable development, but with serious long-term implications. We have already seen that Boeing has...
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