Aircraft Leasing | Business Post

Leasing giant Avolon books $244m in once-off charges over Russian-seized aircraft

Dublin-based lessor reports full year profits of $9 million after impairment charges related to seizure of 10 aircraft by Russian state in February last year

‘Several years’ before lawsuits against insurers over missing aircraft in Russia are resolved

Aircraft lessors have performed strongly to weather the issues posed by Covid and the war in Ukraine, industry delegates told at aviation conference in Dublin

European Commission queries sale of Irish aircraft to Russia

EU sanctions ban sale of planes to Russian firms, but state airline claims it bought ten Boeing 777s

Aeroflot says it bought ten planes from an Irish company

Sanctions prevent the sale of aircraft to Russian firms, but Aeroflot bought the Boeing 777 jets using an exemption in the EU sanctions

Editor’s picks: Sit down with the best of our big reads

Our editors handpick the best writing in this week’s Business Post – including the Irish whiskey business that foiled a crypto scam

A risky business: the aircraft lessor, its missing Russian planes and the $3.5bn insurance battle

A large portion of the 515 leased aircraft operating in Russia are owned by Irish leasing companies, but many have been re-registered there. One company, AerCap, has filed a $3.5 billion lawsuit against two groups of insurers for the loss of its planes, and more cases are expected to follow

Up in the air: uncertainty as aircraft lessors face writing off billions

New EU sanctions mean companies, including Irish lessors, may be forced to leave their planes stranded in Russia while the Kremlin has hit back with a law allowing foreign-registered aircraft to be re-registered in Russia

Inflation set to spell higher air fares for travellers, aviation chief warns

Ali Ben Lmadani of ABL Aviation says inflation in the cost of energy, wages, raw materials and components is now rampant in the sector