Bombardier has announced the resolution of its long-standing lawsuit against Honeywell International (US). Initially filed in 2016 in the Superior Court of Quebec, the dispute has now been settled through an agreement whose terms remain confidential.
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AerCap, the world’s largest aircraft lessor, has been awarded over $1 billion by a UK High Court ruling, which found that insurers are obligated to cover losses related to aircraft stranded in Russia. The case stemmed from the aftermath of sanctions and countermeasures that left hundreds of leased aircraft unable to be repossessed by Western lessors following the invasion of…
Argentina and the Titan Consortium (US) have reached a final settlement in the Aerolíneas Argentinas expropriation case, concluding a long-standing dispute over the airline’s nationalization. Under the terms of the agreement, Argentina is required to pay $389.5 million, which includes accumulated interest, as compensation to the Titan Consortium. This ruling brings closure to a significant legal and financial case concerning…
Clover Aviation Capital has announced a $500 million unsecured revolving credit facility with Mizuho Bank, an increase from its previous $300 million facility.
SkyWest (US) has taken delivery of a CRJ200 regional jet, with serial number 7641. The aircraft is equipped with CF34-3B1 engines, known for their reliability and efficiency in regional aviation operations.
Boeing has reported a net loss of $31 million for the first quarter of 2025, on total revenues of $19.5 billion, reflecting both ongoing production ramp-ups and continued financial pressures from supply chain constraints and regulatory scrutiny.
Liebherr-Aerospace has inaugurated a new MRO service center at the Aerospace Hub in Dubai South, reinforcing its commitment to supporting aircraft maintenance operations in the Middle East.
