financial impact News

DUBLIN –– Major aircraft lessor Avolon recorded a first-quarter impairment of $304 million to cover the full financial impact of having 10 jets still stuck in Russia following European Union sanctions that forced the termination of all Russian leases. Ireland’s …

Wildfires that devastated East and Southeast Texas last week not only destroyed homes but also millions of cubic feet of forest timber, authorities said. According to the Texas Forest Service, a fire in Grimes County that burned 5,280 acres, 30 …