impairment News

Lessor Avolon Records $304M Impairment Over Russian Aircraft

DUBLIN –– Major aircraft lessor Avolon recorded a first-quarter impairment of $304 million to cover the full financial impact of having 10 jets still stuck in Russia following European Union sanctions that forced the termination of all Russian leases. Ireland’s …

Photographer Sues Over Texas Mascot’s Pre-Sugar Bowl Charge

AUSTIN, Texas — A photographer is suing the owners and handlers of the University of Texas’ live mascot for negligence, saying he suffered permanent neck and back injuries when the longhorn steer charged out of its pen and plowed into …