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Aircraft lessors could lose hundreds of planes stranded in Russia
Lessors have until March 28 to get their planes out of Russia, but an estimated $10.3 billion worth…
Taylor Rains
Russian airlines may soon resort to 'cannibalizing' planes and creating a 'Frankenstein fleet' to keep Western-built planes flying
Experts say Russia's airlines may have to take extreme measures to keep planes in the air as the co…
Taylor Rains
Aircraft leasing company with 34 jets being held hostage by Putin takes $1.6 billion hit
SMBC Aviation Capital said it was unlikely to get back 34 aircraft in Russia when Putin invaded Ukr…
Ryan Hogg
An aircraft-leasing company says it will write off $800 million worth of jets stuck in Russia amid sanctions
"It is unlikely that the company will regain possession of the aircraft that have not been returned…
Zahra Tayeb
The world's largest aircraft leasing company has filed a $3.5 billion insurance claim over aircraft and engines stuck in Russia
The firm has managed to retrieve 22 of the 135 planes leased in Russia but over 100 jets remain.
Urooba Jamal
Aircraft-leasing companies are working out how to recall billions of dollars of airplanes from Russian airlines after EU sanctions
Aircraft-leasing companies cannot enter into new contracts and must terminate existing agreements w…
Huileng Tan
Go First insolvency: NCLAT to pass order on aircraft lessors' petitions on May 22
The bench also asked the parties to submit additional documents, if any, in the next 48 hours. …
PTI
The iconic flying boat that helped hunt down Axis warships during World War II is getting a new lease on life
As the US and other militaries prepare for a potential conflict in the Pacific, planes that can lan…
Michael Peck
Fly Leasing spikes 26% as Carlyle Group plans to take company private in $2.36 billion deal
"This transaction represents strong value for Fly shareholders at a time when airlines are facing a…
Isabelle Lee
DGCA required to deregister aircrafts, Go First lessors tell Delhi HC
New Delhi, Several aircraft lessors of Go First pitched before the Delhi High Court on Friday for d…
PTI
The CEO of one of Boeing's biggest customers slammed the planemaker over missed deliveries
Ryanair CEO Michael O'Leary told investors in an earnings call that he thinks Boeing management is …
Taylor Rains
National Company Law Appellate Tribunal to hear Go First lessors' plea today
NCLAT on Friday deferred the matter pertaining to Go First lessors' petition seeking a stay on a ba…
ANI
Possibility of rival bids for Go Airlines? It is a hypothetical question: says CEO Kaushik Khona
Even though the Wadia group has approached the National Company Law Tribunal (NCLT) voluntarily to …
First GE-made Air India aircraft to be service ready in 2023 itself
The first of the Air India aircraft with GE engines are expected to be service ready in 2023 itself…
ANI
2 ocean-tech companies are competing in a multimillion-dollar race to find Amelia Earhart's wreckage. One says it may be near the finish line.
Deep Sea Vision and Nauticos are both ocean exploration companies hunting for Amelia Earhart's wrec…