Sanctions - Companies specialising in the rental of aircraft are faced with the obligation to recover their aircraft leased by Russian companies before March 28th, as part of the European sanctions against Moscow. Beyond the closure of its airspace, the European Union has decided to ban the export to Russia of aircraft as well as parts and equipment from the aeronautical industry.
A total of 515 aircraft are leased by EU firms to Russian companies for a value of 12 billion euros. Ireland, where the largest leasing companies are located, is particularly affected. Based in Dublin, the largest company in the AerCap sector alone leases 152 aircraft to Russian or Ukrainian companies for a value of 2.1 billion euros. European aircraft leasing companies have until March 28th to terminate contracts and collect their aircraft.
France and Ukraine have signed a major new arms deal. President Zelinsky and President Macron signed the agreement...
Read More
All football fixtures scheduled for Sunday in the Alpes-Maritimes were postponed after the department was placed on an orange alert for heavy rain and...
Read More
A truck has collided with a tram in Nice this morning. The accident, on Line 1 of the tramway on Avenue Jean Medecin, happened at about 9.30am...
Read More
A woman in her early thirties has been killed after being hit by a car while walking on the A570 motorway near La Crau in the Var. The incident occurr...
Read More
Ceremonies have been taking place in Paris to commemorate the tenth anniversary of the attacks of 13 November 2015. 132 people lost their lives and ov...
Read More
