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.
The mayor of Nice, Christian Estrosi, and his wife Laura Tenoudji have been questioned as part of an investigation into suspected misappropriation of ...
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Philippe Mettoux, who was set to become Monaco’s next Minister of State, has withdrawn before taking office, citing opposition and lack of support to ...
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A nationwide ban on smoking in all outdoor places that can be accessed by children, including beaches, parks and bus stops – but not café terraces – h...
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The Var and the Alpes-Maritimes are on an orange heatwave alert from midday tomorrow, Saturday. A yellow alert is in force for the rest of Friday unti...
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The mayor of Nice, Christian Estrosi, has agreed to remove the Israeli flags outside Nice city hall.
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