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Yakutia Ordered to Pay $2.6M to VTK-Avia for SSJ100 Lease Debt

The Moscow Arbitration Court has issued an order requiring Yakutia Airlines, a Russian carrier, to pay $2.6 million to VTK-Avia as part of a partial settlement in a debt recovery case. The case centers on a 2017 lease agreement for two SSJ100 aircraft, with VTK-Avia seeking compensation for unpaid dues under the lease terms. This ruling marks a significant step in resolving a longstanding financial dispute, with…

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Ukraine Terminates Air Traffic Agreement with Iran Over Russia Conflict Support

Ukraine has officially terminated its air traffic agreement with Iran, citing Iran’s alleged support for Russia amid the ongoing conflict between Ukraine and Russia. The decision reflects escalating diplomatic tensions between Ukraine and Iran, as reports indicate that Iran has been providing assistance to Russia during the invasion. By ending the air traffic agreement, Ukraine has taken a firm stance against…

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Rosaviatsia Suspends AirBridgeCargo’s AOC Amid Operational Pause

AirBridgeCargo, a major Russian cargo airline, has had its Air Operator Certificate (AOC) suspended by Rosaviatsia, Russia’s Federal Air Transport Agency. The suspension follows a prolonged halt in operations, as AirBridgeCargo has not conducted any flights since March 2022. This development effectively grounds the airline, preventing it from resuming operations until the AOC is reinstated. The suspension reflects Rosaviatsia’s…

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Aeroflot and I Fly Near Agreement for Historic A330 Wet Lease Deal

In a landmark agreement within Russian aviation, Aeroflot and I Fly are reportedly finalizing a wet lease arrangement for three Airbus A330 aircraft. This deal, the first of its kind in Russia, signals a shift toward greater collaboration between domestic airlines in the region. The wet lease, which includes the provision of crew, maintenance, and insurance by I Fly, is expected to facilitate Aeroflot’s…

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Aquila Technics Refunds $40,000 to Utair for Undelivered Engines

Aquila Technics, an Armenian company specializing in aviation parts and services, has refunded just over $40,000 to Utair, a Russian airline, for undelivered aircraft engines. This payment is part of an ongoing legal case between the two entities, wherein Utair sought a refund for engines that were not delivered as per the agreement. The court case has now been…

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Aeroflot Seeks Long-Term Tour Operator Partner for 2024-2028

Aeroflot, Russia’s largest airline, is actively seeking a tour operator partner to establish a long-term agreementspanning from December 2024 to March 2028. This partnership aims to enhance Aeroflot’s tourism offerings by aligning with a dedicated operator to handle travel packages and associated services, positioning the airline to cater to the rising demand for organized tours and vacation travel. With…

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Iraero Purchases Six Aircraft Engines from Tambov Airport Auction

Iraero, a regional airline based in Russia, has successfully acquired six aircraft engines through an auction held by Tambov Airport. The starting bid for these engines was set at US$600,000, reflecting a strategic acquisition aimed at bolstering Iraero’s operational capacity and maintaining fleet reliability. The transaction highlights Iraero’s efforts to secure essential assets to support its operations amid fluctuating…