In February 2022, Russia launched its full-scale invasion of Ukraine. In horror, the West reacted by not only supporting Ukraine but also by sanctioning the country. The sanctions had immediate and consequential impacts on Russian aviation. Most commercial aircraft are leased and not owned by the airline operating them – this meant the bulk of the commercial airliners in Russia were Western-owned.
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Lessors Reach Settlement With Russia’s Aeroflot Over Stuck Aircraft
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- July 2, 2024
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In 2022, Russia withheld hundreds of foreign-owned (but Russian-operated) aircraft.Reuters has since reported that aircraft leasing firms have struck settlements for over a quarter of the total number. With the aircraft seemingly unrecoverable at this point, settlements that include compensation seem to be the best-case scenario for these leasing firmsArticle: https://simpleflying.com/lessors-reach-settlement-with-aeroflot-over-stuck-aircraft/
Aeroflot To Order 90 Russian Yakolev MC-21 Aircraft By The End Of The Year
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