According to a new report from Kroll Bond Rating Agency, the impact of Russia’s invasion of Ukraine on aircraft lessors and airlines will be felt throughout Europe and globally given the international role of lessors who lease aircraft to airlines all over the world, including in Russia, Ukraine and neighboring countries.
KBRA believes the ongoing conflict will be credit negative for the aviation industry, especially as rising fuel prices will only be exacerbated by these events. The disruption to cash flow for some aircraft lessors may also impact lessors’ revenues, which were already constrained due to the impact of COVID-19.
KBRA also noted:
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