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Aircraft Leasing Firms Grasp for Ways to Salvage Value From Jets Held in Russia

(Bloomberg) Aircraft leasing firms are exploring ways to protect the value of hundreds of jetliners now held in Russia without running afoul of international sanctions, according to people familiar with the matter.

China Looking to Divert Flights From Shanghai as Covid Surges

(Bloomberg) China has discussed diverting international flights away from Shanghai to other cities, as the financial center’s growing omicron outbreak puts pressure on quarantine hotels and isolation facilities, according to people familiar with the matter.

An Airbus Jet Flew to Russia as Ukraine War Got Underway

(Bloomberg) An Airbus SE jetliner freshly handed over to Russia’s flag-carrier airline left France for Moscow several hours after President Vladimir Putin had launched his invasion of Ukraine, prompting sweeping sanctions. Airbus transferred the A350 widebody’s title to Aeroflot PJSC on Feb.

Electric-Vehicle Push Bumps Up Against Chaos in Nickel Market

(Bloomberg) A global push among automakers to expand their lineups of electric vehicles just got a lot more expensive.

Maersk Finds Partners to Make Green Fuel in Plan to Ditch Oil

(Bloomberg) A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, has partnered with six energy companies to jump-start the green methanol market and help the shipping giant ditch fossil fuels.

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