By Rajesh Kumar Singh
CHICAGO (Reuters) - Aircraft shortages are turning into a moneymaker for some airlines as the dearth of supply allows carriers to sell new planes to leasing companies at much higher prices than they paid.
Carriers such as Denver-based Frontier Airlines and Hungary's Wizz Air have reported gains up to hundreds of millions of dollars through selling planes after taking delivery and renting them back for their own use.... (continue reading...)
(Reuters) - Russian forces have firmed their positions in the Strilecha-Lyptsi area of Ukraine's Kharkiv region, keeping under fire control Ukraine's defence line, a Moscow-installed official in Kharkiv said on Friday.
"The control of strategic hills nearby the settlement of Lyptsi allows our troops to keep under fire control the immediately adjacent defence line to the city of Kharkiv, and control all supply routes," Vitaly Ganchev, a... (continue reading...)
BEIJING (Reuters) - China has more powerful countermeasures, if the United States continues to violate and endanger the country's sovereignty and security interests on core issues, or squeeze the development of Chinese firms, state media said on Friday.
The remarks came from a social media post from Yuyuan Tantian, which is affiliated with Chinese state broadcaster CCTV, that quoted sources with government knowledge on foreign policy.
... (continue reading...)By Shivam Patel
KHADOOR SAHIB, India (Reuters) - A jailed Sikh separatist leader is contesting India's general election from prison and drawing good support, his campaign managers said, in what could become a concern for New Delhi which has sought to stamp out any revival of Sikh militancy.
Amritpal Singh, 31, is detained in a high-security prison in Assam, nearly 3,000 km (1,865 miles) from his Khadoor Sahib constituency in Punjab state,... (continue reading...)
(Reuters) - The crews of Russia's key fighter-bombers are conducting air exercises with their Belarusian counterparts, Russia's TASS news agency reported on Friday.
The May 27-31 drills involve crews of Russia's Su-30SM multi-role fighters, Su-24 front-line bombers and Mi-24, Mi-8 army aviation helicopters, TASS reported, citing Russia's defence ministry.
"The crews are carrying out exercises on the practical use of aviation weapons... (continue reading...)
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