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Russian Airlines Have Illegally Kept Leased Planes, But Aircraft Lessors Can’t Get Insurance To Pay

Nov 02 2022

When Western sanctions were imposed on Russia, that voided the aircraft leases on planes operated by Russian airlines. More than half the Boeing and Airbus planes in Russia had to be returned. Airworthiness Certificates were cancelled. The Russian government, though, ordered that the planes not be returned in violation of the country’s Cape Town Treaty obligations. And the planes were re-registered in Russia.

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