Putin changes law on leased airliners to keep them flying in Russia

Russian airlines in the future are going to have a hard time getting a leased aircraft. Horrible risk dealing with Russia.

From BBC:

“Russia has implemented a new law making it harder for foreign aircraft leasing companies to repossess their planes in the face of Western sanctions.

The new law will allow foreign jets to be registered in Russia “to ensure the uninterrupted functioning of activities in the field of civil aviation”.

Russian airlines have 515 jets leased from abroad worth about $10bn (£7.7bn).”

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