Lessors May Not Return To Russia When Sanctions End!
Even if sanctions end soon, aircraft lessors say that they may be reluctant to return to Russia, after the actions of Russian authorities. After its invasion of Ukraine, the European Union, Canada, the US and others placed sanctions on Russia. As a result, lessors in...
Is Time Running Out For Lessors Of Russian Aircraft?
Lessors that have aircraft leasing contracts with Russian airlines had about a month to recover them. But this deadline is approaching, fast. Russia’s invasion of Ukraine has triggered the introduction of substantial trade sanctions. In terms of aviation, this could...
Russia: We Lost 78 Seized Aircraft, We Could ‘Do An Iran’!
Airlines in Russia have lost a total of 78 aircraft, after lessors or authorities abroad seized them, following the invasion of Ukraine. This statement is coming from Vitaly Savelyev, Russia’s Transport Minister. At this time, it is not completely clear if the number...
