Ukraine war

The U.S. government’s delayed spending measure for the current fiscal year led to a surprising swing in fortunes for military radar and legacy avionic supplier Rada Electronics Industries, with the Israeli company’s net loss for the first quarter of 2022 disappointing shareholders.

With its first launch in the offing, Vega C is to start a series of key and long-awaited evolutions in Arianespace’s offering.

The war in Ukraine shows that the battlefield has become a harsh environment for helicopters and sweeping airborne maneuvers.

The Advanced Air Mobility Report’s AAM Stock Composite refrains from looking at the daily ups and downs of stock prices. Four months of results, however, point to the reality.

Air Lease Corporation blamed more than $800 million in write-offs related to Russian aircraft seizures for a net loss in the 2022 first quarter.

Russian President Vladimir Putin has again blamed the West and NATO for the war in Ukraine in comments that drew scorn from Western leaders.

Ukrainian troops are finalizing their training to become the first operators of a previously undisclosed U.S. Air Force-developed loitering munition, and the Pentagon said May 6 it came out of the service’s secretive office that handles rapid development of special mission aircraft.

Plans to phase out Russian oil imports to Europe could have a serious impact on airports and air traffic if not replaced by deliveries from other sources, the head of the German Airports Association said.

The Pentagon is reprogramming almost $1.5 billion from newly authorized Ukraine assistance funds to replenish its Javelin anti-tank munition stocks and order new Stinger anti-aircraft missiles for the first time in two years as the department moves forward on their replacements.

UK-based LCC easyJet has terminated its lease of six aircraft from a subsidiary of a Russian lessor.

Dubai Aerospace Enterprise (DAE) has written off more than $500 million of assets in the form of aircraft leased to Russian carriers, the company said May 6.

The CEO of Avio does not see any problem in the medium term regarding supply of the RD-843 engines that power its upgraded Vega C light launcher, despite their Ukrainian origin.

Russian fighter squadrons have been burdened by the pace of the war.

Bombardier continues to see strong demand for Challenger and Global business jets with an order backlog that grew $1.3 billion during the first quarter of 2022.

Where have export credit agencies gone, and will they come back? The answer is unclear.

Under Russian ownership in the wake of the Russia-Ukraine war, the Let L-410 manufacturer was crippled by the effect of sanctions.

All Nippon Airways (ANA) is not operating its services to London and Paris because of Russia’s invasion of Ukraine and subsequent airspace restrictions.

Latvian flag-carrier airBaltic plans to wet-lease a Boeing 737-900ER from Ukraine International Airlines (UIA), at the same time the company is wet-leasing some of its own fleet of Airbus A220s to other airlines.

Poland has said it will protect Slovakia’s airspace should the latter decide to ground its fleet of MiG-29s and transfer the fighter aircraft to Ukraine.

Dublin-based lessor Avolon said it had recognized an impairment of $304 million against its exposure to the Russian market during the first quarter, reducing the carrying value of its 10 owned aircraft in the country to zero.

The Pentagon is sending new rotations of fighter aircraft to NATO’s eastern front as the U.S. and other allies continue to airlift large amounts of aid into the region for Ukraine.

Russian operators’ reregistration push triggered by new Russian law permitting operators to take ownership of leased assets.

President Joe Biden on April 28 requested $33 billion from Congress for aid to Ukraine, a dramatic increase from ongoing spending to support Kyiv in its fight against Russia, and specifically highlights a need for anti-aircraft and advanced air defense systems.

Despite the Russia-Ukraine war and volatility in the stock market, business aircraft activity at Textron Aviation has remained strong during the first quarter of 2022, company officials say.

The U.S. Air Force has ended more than 40 years of operating the F-15C/D Eagle in Europe with the departure of the type from RAF Lakenheath, England.