Finance & Markets

S7 Airlines Signs Contract for Russian ACARS Service After Western Providers Exit

S7 Airlines, the largest private carrier in Russia, signed a contract for using the domestic ACARS service for commercial purposes. ACARS, an acronym for "Aircraft...

Rosatom and Aeroflot Joint Venture Aims to Replace Airbus and Boeing Parts

The sanctions imposed on the Russian aviation industry after the 2022 invasion of Ukraine by the Russian Federation include a ban on the supply...

Hungary Challenges Ukraine’s Ban on Lukoil Oil Deliveries

MOL, the Hungarian oil and gas corporation, is willing to take on the risks associated with ensuring Russian oil shipping through Ukraine resumes. This...

Dry, Wet, Damp or Leaseback – Lease Customization is a Strategic Tool for Airline Operational Challenges

The management of India's largest airline, IndiGo, announced that it intends to induct six Boeing 737 Max aircraft on a short-term moist lease from...

UEC’s AL-41ST-25 Gas Turbine Engine Paves the Way for Russian Technological Independence

The United Engine Corporation (UEC), an arm of "Rostec," has begun testing a prototype of a new gas turbine engine known as the AL-41ST....

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