All Ukraine crisis articles
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NewsAerCap takes $2.7bn charge over aircraft and engines leased to Russia
Lessor AerCap has taken a pre-tax charge of $2.7 billion in write-offs and other impairments relating to the inability to retrieve 113 aircraft leased to Russian carriers. AerCap says it has recognised a “total loss” on assets that remain in Russia and Ukraine, and taken impairments on the assets it ...
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Sweden confirms plan to request NATO membership
Swedish Prime Minister Magdalena Andersson has confirmed her government’s intention to request the nation’s accession to NATO.
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Finland’s NATO membership request to be made ‘without delay’
Finland has moved a step closer to seeking membership of the NATO alliance, with its president and prime minister on 12 May jointly calling for an application to be made by Helsinki “without delay”.
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EASA cautions carriers over 20 safety concerns arising from conflict
European civil aviation regulators are highlighting multiple safety aspects arising from the Ukrainian conflict, drawing up a list of 20 specific issues covering such concerns as security, navigation, human performance, and infrastructure. Several of these relate directly to the potential threat to civil aircraft, both from misidentification or loss of ...
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Air Baltic chief reiterates commitment to Ukraine return
Air Baltic chief executive Martin Gauss remains committed to restarting flights to Ukraine as soon as its war with Russia ends.
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Airbus chief insists titanium sourcing ‘protected’ over near term
Airbus chief executive Guillaume Faury believes the airframer has sufficient protection in titanium supply, following the imposition of sanctions on the Russian market. Speaking during a first-quarter briefing, Faury insisted that Airbus’s operations on the supply side were protected in the “short to medium term”. The company is looking to ...
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Avolon records $300m impairment over unretrieved fleet in Russia
Irish-based lessor Avolon has recorded an impairment of over $300 million against aircraft still left with Russian operators, following the imposition of sanctions over the Ukraine conflict. Avolon had previously disclosed that 10 of its owned aircraft were still located in Russia. It says the $304 million impairment reduces the ...
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Air Baltic leases jets including Ukraine International 737 amid lack of A220 spares
Global supply chain issues mean Air Baltic is looking to airlines including Ukraine International Airlines for short-term leased capacity as maintenance schedules for its own jets are extended.
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Two Russian ships destroyed by Ukranian drone strikes
Two Russian patrol boats were destroyed in the Black Sea by missile strikes launched from TB-2 Bayraktar drones, according to Ukraine.
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Ukrainian airspace remains contested as fighting ramps up in Donbas
US officials say Russia remains reliant on airfields and missile launch sites within its own territory.
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Embraer maintains course for turboprop launch, as defence business eyes rebound from Ukraine war
Embraer is still considering the launch of a new turboprop airliner by the beginning of 2023, as development activities on the project continue.
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Aeroflot board set to discuss increasing company’s share capital
Aeroflot Group’s board is to hold a meeting at which the directors will discuss increasing the authorised share capital of the company. The board meeting is set to take place on 29 April, the airline has disclosed. Its agenda includes amending articles of association for the company and determining the ...
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Germany will send heavy anti-aircraft weapons to Ukraine
50 German-made self-propelled anti-aircraft canons are being sent to Ukraine, the first heavy weapons the German government has agreed to provide.
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US FAA formally downgrades Russian oversight safety classification
US aviation regulators have downgraded the safety rating of Russia, declaring that the oversight authority is not complying with ICAO standards. The US FAA has formally classified Russia as a ‘Category 2’ state under its International Aviation Safety Assessment scheme. This downgrade prevents any expansion of airline services to the ...
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Air Lease set to write off $800m for Russian-operated aircraft
US lessor Air Lease is to write off more than $800 million in assets comprising aircraft still operated by Russian carriers that the company is unlikely to retrieve. The lessor had previously disclosed that 21 owned aircraft from its fleet were still in Russia, following the termination of leases in ...
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Saab boss sees no ‘negative effects’ as Sweden weighs NATO membership bid
Saab chief executive Micael Johansson expects to see an increase in orders as NATO nations boost their defence expenditure in response to Russia’s war in Ukraine, while home nation Sweden considers seeking membership of the Western military alliance.
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Russian government subsidises airlines in bid to maintain domestic traffic
Russia’s government is to allocate Rb100 billion ($1.2 billion) in support measure to the country’s airlines aimed at compensating for the effect of sanctions on the air transport sector. The programme is the subject of a 21 April governmental order, signed by prime minister Mikhail Mishustin. It states that the ...
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Latest US aid package to Ukraine includes dozens of ‘Ghost’ UAVs
The $800 million military assistance package unveiled on 21 April includes at least 120 drones that are primarily designed to attack targets.
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S7’s participation in Oneworld alliance temporarily suspended
Russian carrier S7 Airlines’ participation in the Oneworld alliance has been temporarily suspended owing to the impact on services triggered by sanctions on Russia’s air transport system. S7 says that the decision to “suspend the agreement” with Oneworld from 19 April was made jointly, and that bilateral pacts with partner ...
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Finnair suspends some Japan services through winter 2022 amid Russia airspace block
Finnair’s winter 2022 flight schedule reflects expectations that the block on EU-based carriers overlying Russia could endure for some time, as it continues to suspend services to several destinations in Japan.
