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The Jets Caught in Putin's Web.

Authors :
Philip, Siddharth
Source :
Bloomberg Businessweek; 5/2/2022, Issue 4739, p10-12, 3p, 1 Diagram, 1 Graph
Publication Year :
2022

Abstract

The article details how economic sanctions issued against Russia following its invasion of Ukraine have led to problems in the aircraft leasing industry. Airplanes leased to Russia have been held within the country, and leasing companies have attempted to have their insurers payout sums for their lost aircraft with claims arising from international sanctions. While some aircraft were recovered from airports outside of Russia, almost 400 foreign-owned aircraft have been stranded within Russia. Issues with Russia re-registering aircraft safety certificates is also explored.

Details

Language :
English
ISSN :
00077135
Issue :
4739
Database :
Complementary Index
Journal :
Bloomberg Businessweek
Publication Type :
Periodical
Accession number :
156575085