Hit By Western Sanctions, Aeroflot Signs Letter of Intent for…

Confirming what had been announced a couple of weeks ago, Aeroflot and United Aircraft Corporation (UAC) signed a letter of intent on Wednesday for the delivery of 339 Russian-made aircraft by 2030. This was done at the Easter Economic Forum in Vladivostok and reported by the official TASS news agency.…

Lease Rates of A320neo, 737 MAX Rise Due to Aircraft…

The shortage of aircraft of the Airbus A320neo and Boeing 737 MAX families, competing models in the short- and medium-range single-aisle market, is driving up the lease price of the airplanes. In this context, many operators are opting to extend existing contracts rather than seek new aircraft in the market.…

Portugal Blocks 16 Ryanair Flights to Morocco, Stranding Over 3,000…

Over 3,000 Portuguese passengers were affected this week with the cancellation of 16 flights of Ryanair connecting Portugal to Morocco. The cancellations were triggered by the country’s civil aviation regulator – the National Civil Aviation Authority (ANAC) — since it did not provide the licenses for the operations in time.…