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Published 2 years ago

World's largest aircraft owner lost 113 planes to Russia due to sanctions

Summary by Ground News

AerCap Holdings, the world's largest owner of jets, lost 113 planes when Russia seized them in response to sanctions triggered by the war in Ukraine. The seizures of the planes and 11 jet engines by Russian authorities caused AerCap to take a $2.7 billion pre-tax charge during the quarter. But company executives said the quarter was actually a good one and they see better times ahead as global demand for flying continues to recover.

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World's largest aircraft owner lost 113 planes to Russia due to sanctions

AerCap Holdings, the aircraft leasing giant that is the world's largest owner of jets, lost 113 planes when Russia seized them in response to sanctions triggered by the war in Ukraine.

2 years ago·Atlanta, United States

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World's largest aircraft owner lost 113 planes to Russia due to sanctions

By Chris Isidore, CNN BusinessAerCap Holdings, the aircraft leasing giant that is the world’s largest owner of jets, lost 113 planes when Russia seized them in response to sanctions triggered by the war in Ukraine.The seizures of the planes and 11 jet engines by Russian authorities caused AerCap to take a $2.7 billion pre-tax charge during the quarter, causing the company to report a net loss of $2 billion rather than the $500 million profit it …

2 years ago·Panama City, United States

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World's largest aircraft owner lost 113 planes to Russia due to sanctions

AerCap Holdings, the world's largest owner of jets, lost 113 planes when Russia seized them in response to sanctions triggered by the war in Ukraine.

2 years ago·Sacramento, United States

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World's largest aircraft owner lost 113 planes to Russia due to sanctions

AerCap Holdings, the world's largest owner of jets, lost 113 planes when Russia seized them in response to sanctions triggered by the war in Ukraine.

2 years ago·Boston, United States

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World's largest aircraft owner lost 113 planes to Russia due to sanctions

AerCap Holdings, the world's largest owner of jets, lost 113 planes when Russia seized them in response to sanctions triggered by the war in Ukraine.

2 years ago·Cincinnati, United States

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World's largest aircraft owner lost 113 planes to Russia due to sanctions

AerCap Holdings, the world's largest owner of jets, lost 113 planes when Russia seized them in response to sanctions triggered by the war in Ukraine.

Read Full Article

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Leaning Left1Leaning Right0Center21Last Updated2 years agoBias Distribution

95% Center

Bias Distribution

95% of the sources are Center

95% Center

CNN

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KCRA 3

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WLKY

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