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Vladimir Putin’s nuclear threat is terrifying

All eyes are on the conventional war unfolding in Ukraine. But a very different kind of conflict looms over the conflict. Before invading, Putin staged nuclear weapons drills around Russia’s border with Ukraine. In case anyone missed the point, his speech justifying the invasion reminded listeners that his country remained “one of the most powerful nuclear powers.” Worse, this rant ...

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Russian planes face risk as leasing firms mull default

  Bloomberg Leasing firms are facing the challenge of recalling jetliners worth billions of dollars from Russian airlines, as sanctions imposed over the Ukraine invasion threaten carriers’ ability to operate rented planes. EU sanctions ban the supply of “all goods and technology” linked to aircraft. Planes can’t be insured, either. That means leasing firms will be required to terminate all ...

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Russian attack destroys world’s biggest plane

  Bloomberg The world’s biggest aircraft, the Antonov-225 cargo plane, was destroyed by Russian forces while it was under repair at an airfield in Gostomel near Kyiv, according to Ukraine’s state-run Ukroboronprom. Restoration of the aircraft, known as Mriya, will take more than five years at a cost of over $3 billion following the attack, Ukroboronprom said in a statement, ...

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