From its humble beginnings in the mid-1960s, Dallas-headquartered Southwest Airlines has grown to become one of the United States’ most prominent airlines. The game plan was to fly only within Texas and offer passengers lower fares than competing airlines like Braniff and Continental Airlines. The pair claimed that Air Southwest, as it was first called, used unfair business practices and filed lawsuits against their low-cost rival.
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Lessors Reach Settlement With Russia’s Aeroflot Over Stuck Aircraft
- Guest authors
- July 2, 2024
- 0
In 2022, Russia withheld hundreds of foreign-owned (but Russian-operated) aircraft.Reuters has since reported that aircraft leasing firms have struck settlements for over a quarter of the total number. With the aircraft seemingly unrecoverable at this point, settlements that include compensation seem to be the best-case scenario for these leasing firmsArticle: https://simpleflying.com/lessors-reach-settlement-with-aeroflot-over-stuck-aircraft/