leased aircraft News

Air Lease Says 21 Jets Stranded in Russia

Air Lease Corp. said on Tuesday it has 21 jets remaining in sanctions-hit Russia, two weeks after a Western deadline for global leasing firms to sever ties with the country’s airlines. All of the company’s aircraft leases to Russian airline …

Air Lease Says Russian Law on Leased Jets Could Help in Claiming Insurance

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. …

BOC Aviation Says Sanctions Deadline to End Russian Leases is ‘Unrealistic’

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 …