US lessor Air Lease says 21 jets stranded in Russia April 12, 2022 US leasing company Air Lease Corp said today 21 of its jets were still stranded in Russia after the company terminated all contracts with the sanction-hit country. Air Lease did not reply when asked about how it could get its aircraft back, but it is believed it could claim insurance following the Kremlin’s decision to [...]
Moscow plots retaliation following EU blacklisting of 21 Russian airlines April 12, 2022 Moscow’s aviation regulator said it was planning countermeasures after the EU Commission banned 21 Russian airlines from operating. The Rosaviatsia said Brussels’ decision attested to a “policy of discrimination and violation of international aviation law,” which is expected to bring about “response measures” from Moscow’s side. The EU Commission announced yesterday it had added a [...]
Empty planes with no one checking in: Staggering 15,000 ‘ghost flights’ took off from UK during pandemic April 11, 2022 The Civil Aviation Authority has recently revealed that almost 15,000 “ghost flights” departed from 32 UK airports between March 2020 and September 2021. With around 4,910 planes Heathrow made the top of the list, followed by Aberdeen, Manchester and Stansted, at an overall average of 720 per month. According to City PM estimates, that would [...]
EU Commission adds 21 Russian airlines to banned list April 11, 2022 The European Commission announced today it has added a further 21 Russian airlines to the list of carriers prevented from operating in the bloc. According to the body, the carriers do not meet international safety standards as they are operating domestically without the valid documentation. “The Russian Federal Air Transport Agency has allowed Russian airlines [...]
Sunday Spotlight: Airbus is winning the battle for the skies from beleaguered Boeing April 10, 2022 The recent challenges around safety concerns and the impact of the coronavirus pandemic have resulted in American aircraft manufacturer Boeing losing ground to Airbus. Although both companies control a significant market share, Toulouse-based Airbus has extended its dominance over the last five years. According to data compiled and calculated by Finbold, shared with City PM this [...]
Global aviation to recover by mid-2023 despite uncertainty of Ukraine war April 7, 2022 Global aviation is expected to go back to 2019 levels by August 2023 despite the uncertainty caused by Russia’s invasion of Ukraine. According to aviation analytics firm Cirium, traffic at the end of the year will be between 10 and 15 per cent down on pre-pandemic levels, but a steady recovery is expected to continue [...]
Aircraft lessors see ‘horrendous’ hike in insurance costs April 7, 2022 Lessors are already seeing a “horrendous” hike in insurance costs as the Kremlin’s retaliation against Western sanctions start to bite, said BOC Aviation’s boss Robert Martin. “Because there are going to be huge claims on these insurances this year for confiscation or theft if the aircraft aren’t given back, this will then have a knock [...]
Passenger rights take off as non-EU airlines including BA and easyJet to be made liable for compensation April 7, 2022 Non EU airlines operating flights on behalf of carriers from the bloc will be liable for compensation for delayed and cancelled flights. Issued today by the Court of Justice of the European Union, the verdict represents another boost to passenger rights. “Passengers of a delayed flight may claim compensation from a non-EU air carrier where [...]
Investigation launched after Air France plane goes ‘crazy’ ahead of landing April 6, 2022 An investigation was launched today after an Air France plane “went crazy” just as it was landing at Paris Charles De Gaulle. Pilots on Monday struggled to control the Boeing 777, calling the airport’s air traffic controller to say the plane was “pretty much going nuts,” as it was no longer responding to commands. “Wait! [...]
Russia to resume flights with 52 ‘friendly’ countries April 4, 2022 Russia is set to resume flights with 52 “friendly countries,” according to Moscow news agency TASS. The Kremlin said today it would end its ban – imposed as a retaliation against the West – and would resume routes to and from countries such as Argentina and South Africa. The decision comes after the Russian Government announced [...]
