Air Lease to write off jets stranded in Russia, expects $802 mln in charges
Image: REUTERS/Tatyana Makeyeva Air Lease Corp said on Friday it would write off the value of the 27 jets it has remaining in sanctions-hit Russia, a move that is expected…
Lessor BOC Aviation to buy 80 Airbus aircraft in its largest order
BOC Aviation said on Monday it plans to buy 80 Airbus A320neo family jets in what is the aircraft-leasing firm’s largest order. The order consists of 10 A321XLR aircraft, 50…
Lessors lose hope of getting Russian planes back
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, foreign lessors are fast losing hope…
Hundreds of Russia plane leases to be axed after Western sanctions
Aircraft leasing firms are set to terminate hundreds of leases with Russian airlines following Western sanctions over the invasion of Ukraine that give the sector a month to act. Dublin-based…