Air Lease Claims $802.4 Million Write Off After 27 Leased Jets Stuck in Russia
The aircraft lease company said it is pursuing insurance claims to cover the losses, which it says amounts to 3.4 percent of its fleet, according to an SEC filing.
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Bermuda Cancels Airworthiness Certificates for Russian Aircraft on its Registry
In response, Russian President Vladimir Putin signed a new law to allow the aircraft to register in Russia.
Russian Airlines, Aircraft Now Banned In U.S. Airspace
The U.S. is joining Canada and the European Union in banning Russian owned, registered, and operated passenger and cargo aircraft in its domestic airspace.
