Complete Story


Russia is Seizing Western-built Airliners

Sanctions have blocked parts, maintenance and support

On Monday, Russian President Vladimir Putin signed a law that will allow Russian airlines to take control of hundreds of the Western-built planes leased from international firms, Russian "news agency" TASS reported, per The Wall Street Journal.

The jets will be added to the country's aircraft register and be deployed on domestic routes, according to Reuters. The news comes on the heels of the island of Bermuda revoking the airworthiness certificates for over 700 leased aircraft in Russia, which went into effect Saturday night.

The battle between Russia and lessors has been ongoing since the invasion of Ukraine on Feb. 24, with the EU forcing aircraft leasing companies to cancel their contracts with Russian airlines by March 28, meaning those foreign planes need to be returned to their owners.

Please select this link to read the complete article from Yahoo! News.

Printer-Friendly Version