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Russian Airlines Adopt Domestic Software for Maintenance of Western-Made Airliners

By | 2024-04-24T15:43:21-04:00 April 16th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Airline Business, Safety|

In response to increasing international tensions, Russia's major airlines are beginning to implement domestically developed software solutions to support the maintenance of their Western-manufactured aircraft. This strategic shift aims to reduce reliance on Western technology and enhance the sustainability of Russia’s aviation operations amid global trade restrictions. The move to adopt local software alternatives reflects [...]

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UK High Court to Hear $10 Billion Aircraft Lessors’ Claims Against Reinsurers Over Grounded Russian Planes

By | 2024-04-12T09:03:07-04:00 April 5th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Government & Regulatory|

The UK High Court has established its authority to preside over a $10 billion dispute involving aircraft lessors and several global reinsurers over airplanes stranded in Russia since 2022. This landmark decision paves the way for lessors to potentially recover losses for aircraft that they have been unable to repatriate following the termination of lease [...]

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Russian Airline Safety Could Reach a Critical Point in 2024

By | 2024-03-25T15:17:38-04:00 March 19th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Airline Business, Safety|

The Russian commercial aviation sector faces an unprecedented challenge as it enters 2024, grappling with the repercussions of international sanctions that have severely limited access to essential spare parts. This shortage, a direct consequence of the geopolitical strife following Russia's invasion of Ukraine, has escalated technical malfunctions and raised significant safety concerns across the industry. [...]

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Hokkaido Airports Explores New Opportunities Amidst Russian Airspace Closure

By | 2024-03-18T11:20:47-04:00 March 6th, 2024|@AirGuide Business, Airport Business|

Hokkaido Airports, a pivotal player in Japan's aviation sector, is navigating through challenges posed by the continued closure of Russian airspace by seeking to attract more passengers from the Asia-Pacific region, particularly Southeast Asia. This strategic pivot aims to counteract the lingering impacts of the pandemic and geopolitical tensions that have stifled the usual flow [...]

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Ukraine Appeals to SpaceX to Block Russian Starlink Usage, Official States

By | 2024-03-06T10:30:52-05:00 February 21st, 2024|@AirGuide Business, Defense & Military, Security, Space & Satellite Business|

Ukraine is actively seeking intervention from SpaceX, the aerospace company led by Elon Musk, to halt the use of Starlink communication terminals by Russian forces in occupied territories, as stated by a Ukrainian minister. The appeal underscores the strategic importance of Starlink terminals, which were swiftly deployed to support Ukraine following the invasion by Russia [...]

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Western Sanctions Impact: Russian Airlines Struggle with Aircraft Maintenance and Safety

By | 2024-02-21T16:12:07-05:00 February 12th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Government & Regulatory, Safety|

Russian airlines are grappling with significant maintenance and safety challenges as Western sanctions hinder access to vital repair services and parts for their fleets. A notable incident occurred last September when a Ural Airlines Airbus A320 was forced to crash-land in a Siberian wheat field due to hydraulic failure, highlighting the growing crisis within the [...]

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Aircastle Secures $43 Million Settlement from Russian Airlines Amidst Global Lease Disputes

By | 2024-02-16T15:24:24-05:00 February 2nd, 2024|@AirGuide Business, Aircraft Business, Airline Business, Government & Regulatory|

In a notable development within the aviation leasing industry, Aircastle has announced a settlement agreement with two Russian airlines, amounting to a substantial $43 million. This settlement, detailed in Aircastle's quarterly report released in early January 2024, marks the company's resolution of disputes stemming from aircraft leases affected by geopolitical tensions. The settlement involves compensation [...]

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AerCap Secures $572 Million Insurance Settlement for Russian Airlines’ Aircraft

By | 2024-01-09T16:58:35-05:00 January 2nd, 2024|@AirGuide Business, Aircraft Business, Airline Business|

AerCap, the Irish aircraft lessor, has successfully received a USD 572 million insurance pay-out from Russian insurer Limited Liability Company, Insurance Company NSK (NSK), fully settling claims against Ural Airlines (U6) and S7 Airlines (S7) related to aircraft and engines leased to these carriers as of February 2022. The confirmation of the payment came through [...]

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Russian Government Acquires 92 Aircraft from Foreign Lessors Valued at $2 Billion

By | 2024-01-04T08:44:57-05:00 December 26th, 2023|@AirGuide Business, Aircraft Business, Airline Business|

In a series of agreements with foreign lessors, including the prominent Irish leasing company AerCap, the Russian government has completed a substantial aircraft acquisition worth nearly $2.06 billion. These acquisitions involve 92 foreign-built and foreign-owned aircraft that were previously seized during the War in Ukraine. These aircraft will be purchased and officially re-registered under the [...]

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Russian Aircraft Incidents Triple in 2023 Amidst Spare Parts Shortages and Sanctions

By | 2023-12-18T12:07:40-05:00 December 12th, 2023|@AirGuide Business, Aircraft Business, Airline Business, Safety|

A concerning surge in safety incidents involving Russian aircraft has unfolded in 2023, largely attributed to a critical shortage of spare parts and maintenance resources. This uptick in incidents has seen over 180 recorded cases this year alone, marking a stark increase compared to previous years. Safety Takes a Hit in Russian Aviation The Russian [...]

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