63 results

An Aeroflot aircraft taxis at Moscow’s Sheremetyevo international airport. Fourteen Irish-registered aircraft leased to a subsidiary of Aeroflot,  have been added to Russia’s domestic register in breach of international aviation rules. Photograph: KIRILL KUDRYAVTSEV/AFP via Getty Images

Fifteen Irish-registered aircraft leased to the Russian state-owned airline Rossiya have been added to Russia’s domestic register in breach of interna(...)

Although the total value of the planes is huge, the impact on individual leasing firms may still be manageable even if writedowns are required as aircraft leased to Russian airlines account for less than 10 per cent of most leasing firm portfolios. Photograph: iStock

As the clock runs down to Monday’s sanctions deadline for Russian airlines to hand back more than 400 leased planes worth almost $10 billion (€9.1 bil(...)

A school building destroyed during shelling in Kharkiv, Ukraine. Russian troops entered Ukrainian territory on February 24th in what the Russian president declared a ‘special military operation’. Photograph: Andrzej Lange/EPA

Russia’s stock market resumed trading after a month-long hiatus on Thursday with energy stocks rising and other shares staging erratic moves. At 0713(...)

Irish companies are among those worst affected by the Ukraine crisis, with Dublin-based firms owning aircraft worth between €3.5 billion and €4.5 billion leased to Russian firms

The Irish-based aircraft leasing company with the second-largest exposure to the fallout from the war in Ukraine has confirmed it has terminated leas(...)

The law has the potential to trigger the largest mass default in the aircraft leasing industry. Photograph: Getty

Further doubts were raised on whether Irish aviation leasing firms will be able to recover aircraft from Russia after the Kremlin published a draft la(...)

European Commission president Ursula von der Leyen. Photograph: Robert Ghement/EPA

The European Union announced fresh sanctions against Russia and its ally Belarus on Wednesday but EU leaders are set to rebuff Kyiv’s appeal for accel(...)

Russia’s invasion of Ukraine comes at a critical time as it threatens to hit demand for flying, testing the fragile balance sheets of  carriers. Photograph: Nick Potts/PA Wire

After surviving the chaos of the pandemic, the world’s biggest airlines are facing a new crisis before the last one is even over. Russia’s invasion o(...)

It is understood that state-owned airline Aeroflot and carriers it owns are not responding to requests for the return of the aircraft once lease agreements are terminated that will allow Irish and other European leasing firms to comply with the sanctions.

Russian state-owned airlines are not co-operating with Irish aircraft leasing firms on requests to release billions of euro worth of aircraft to compl(...)

Cold day in Moscow: Aeroflot’s passengers planes parked at Sheremetyevo airport, outside the Russian capital. Photograph: Pavel Golovkin/AP

Image of the week: Aero-flop It is fair to say that Aeroflot has flown through a great deal of turbulence during its 99-year history. Now it’s barely(...)

The multibillion-euro aircraft-leasing industry has a large exposure to the Ukraine crisis, with over 200 Irish-owned aircraft leased to Russian carriers. Photograph: iStock

Irish aircraft-leasing firms plan to sever lease agreements with Russian airlines and recover their aircraft from Russia in compliance with EU sanctio(...)

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • Next
  • Last »