According to a UK court, lessors are entitled to $69 million in Russian guarantees.
The International Banking Group UniCredit wrongfully withheld USD68.9 million (EUR63 million) in payment guarantees from subsidiaries of lessors AerCap and Aircastle for fear of violating Western sanctions against Russia, according…
AirBridgeCargo to resume operations with Ilyushin IL-96
The Ilyushin IL-96, a Russian-built aircraft, will resume flights for Russia-based AirBridge Cargo, whose activities were banned in March 2022 as a result of sanctions.