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Lessor Avolon posts Q1 net loss due to Russian leases and...

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Dublin-based aircraft leasing company Avolon announced this week it it posted a first-quarter net loss mainly due to the impact of sanctions on Russia....

IATA: Air cargo growth continues in January but at slower pace;...

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The International Air Transport Association (IATA) released data for global air cargo markets showing slower growth in January 2022. Supply chain disruptions and capacity...

Sabre terminates distribution deal with Russia’s Aeroflot

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Sabre announced that it has terminated its distribution agreement with Aeroflot, the largest government-majority owned carrier in Russia. Sabre is taking immediate steps to...

Arianespace announces Soyuz launch suspension

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Arianespace announced it is abiding by the sanctions decided by the international community (European Union, United States of America and United Kingdom) following the...

UPDATED: Mriya owners say Russians destroyed world’s largest cargo plane

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(Updates with comments from Global Data) The world’s largest cargo plane, the Ukrainian-made Antonov-225 Mriya, was burned during a Russian attack on a strategic airfield...

Primoco UAV pulls out of Russia

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Primoco UAV SE announced that it has ceased its activities in the Russian Federation as of 31 January and sold 100 percent of its...

Vietjet plans direct flights to Russia in mid-2022

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Vietjet announced its first non-stop services to Europe, marking the relaunch of the airline’s international flight network to meet the rebound in international travel...

Gazprom-Aero increases jet fuel sales by 16% in 1H-2021

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Gazpromneft-Aero, the aviation fuel operator of Gazprom Neft, increased jet fuel sales by 16 percent to 1.6 million tonnes in H1 2021. The volume...

RED Aircraft achieves Russian certification for RED A03 engine

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RED Aircraft GmbH's flagship engine, the RED A03, has been certified and approved by the Russian Federal Air Transport Agency (FATA). This certification represents...

KrasAvia boosts regional connectivity in Siberia with ATR 72 aircraft

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Russia’s KrasAvia started operating its first two ATR 72-500s, the first ATR aircraft ever registered in Russia. Owned by the government of Krasnoyarsk Krai,...