BEIJING —China’s Tibet Airlines said all passengers and crew had been evacuated from an Airbus A319 plane that caught fire after an aborted takeoff in the southwestern city of Chongqing on Thursday. There were no deaths and only minor injuries …
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 that they will get their aircraft back. Most of the …
Lloyd’s of London faces major claims this year from the conflict in Ukraine, but this will not create solvency difficulties, the commercial insurance market said on Thursday. Lloyd’s is talking to its market partners to understand their exposure related to …
A new Russian law on leased aircraft showed Moscow could “confiscate” planes and such a move might help it claiminsurance, Air Lease Corp AL.N said at a time when leasing firms risk writing off jets stranded in the sanction-hit country. …
Aircraft lessor BOC Aviation Ltd 2588.HK believes a deadline giving lessors just over two weeks left to end contracts with Russian carriers due to sanctions over its invasion of Ukraine is “unrealistic,” a senior executive said on Thursday. “The EU …
U.S. telecom companies and airlines have been fighting for weeks over the potential impact of 5G wireless services on aircraft, in stark contrast to the rollout of new-generation services elsewhere, which has broadly gone ahead without airing new safety concerns. …
WASHINGTON (AP)–U.S. airlines are asking the Federal Communications Commission to delay this week’s scheduled rollout of new 5G wireless service near dozens of major airports, saying it could interfere with electronics that pilots rely on. Airlines for America, a trade …
The expected U.S. downgrade of Mexico’s aviation safety rating is not about the safety of Delta Air Lines Inc’s partner Aeromexico and will have little impact on customers, Delta’s president said on Tuesday. The planned downgrade by the U.S. Federal …
Federal safety officials are making another push for stricter oversight of air tour operators and hot-air balloon rides after several deadly crashes in recent years. The National Transportation Safety Board on Tuesday asked the Federal Aviation Administration to raise safety …
LONDON — Aviation reinsurance rates rose by up to 250% at the key Jan. 1 renewal date, broker Willis Re said in a report on Monday, with the market still reeling from the impact of Boeing 737 MAX crashes two …