Russian grab for foreign jets spurs jump in insurance claims
Russia’s move to transfer almost 800 foreign-owned jets to its own aircraft register amid foreign sanctions has triggered a wave...
Aircraft insurers brace for deluge of Russia claims, with Lloyds on hot seat
Aircraft-leasing firms working to retrieve planes from Russia are set to collide with an aviation-insurance industry bracing for an unprecedented...
Airlines lead S&P 500 rally after laying out path to profit
U.S. airline stocks jumped the most in the S&P 500 Index after carriers said they will trim flying to remain...
China looking to divert flights from Shanghai as COVID surges
China has discussed diverting international flights away from Shanghai to other cities, as the financial center’s growing omicron outbreak puts...
Airlines begin to cut flying as they grapple with fuel-cost jump
U.S. airlines have begun paring flight plans due to soaring fuel prices, underscoring the speed at which Russia’s attack on...
Boeing Halts Moscow Operations, Restricts Data Access
Boeing Co. is suspending major operations in Moscow and temporarily restricting employees and partners in Russia from accessing sensitive technical...
Biden bans Russian aircraft in US skies in response to Ukraine
President Joe Biden is closing U.S. airspace to Russian aircraft, joining most European nations and Canada in response to the...
Giant cargo jets sidelined by Russia’s invasion of Ukraine
Russia’s invasion of Ukraine has sidelined a fleet of massive air freighters that oil companies and engineering firms rely on...
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