Do you think Russians are going to do that with all the international assets? engineering
To prevent the lessors from repossessing the aircraft, Russian airlines were flying the aircraft on domestic routes. Most of the aircraft leased to Russian airlines are registered in Bermuda and Ireland, where they also get theirSince the aircraft were no longer flying outside Russian domains, Bermuda and Ireland recently suspended these certificates.
The move not only allows the aircraft to remain operational but also keeps them out of the reach of the lessors who can ground them, bringing Russian commercial aviation to a grinding halt.On paper, the law appears to have solved problems of airline operations in the short term. However, it is tough to implement in the long run. Aircraft lease is the lifeline of the airline industry and operators would be wary of straining relations with their lessors due to geopolitical issues.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russia-Ukraine war: Russian airstrike hits base in western Ukraine, kills 35Russia has escalated attacks in western Ukraine, striking a military base where its troops had trained with NATO forces and bringing the conflict closer to Poland and other members of the bloc.
Read more »
Russia-Ukraine updates: American in western Ukraine describes 'bombs falling left and right'UKRAINE-RUSSIA LATEST: 🔷 Mariupol humanitarian corridor blocked again, Zelenskyy says 🔷 Lead Ukrainian negotiator: 'It’s already WWIII' 🔷 Nearly 2.7 million people have left Ukraine 🔷 Power lines repaired at Chernobyl nuclear plant
Read more »
Russia Intensifies Attacks in Western Ukraine, Warning U.S. Arms Shipments Are Fair GameRussia continues to move west, striking within 10 miles of the NATO border and warning that they won’t hesitate to hit the supply chain of incoming munitions.
Read more »
Russia Threatens to Arrest Western Bosses Critical of Gov’tWestern corporations that leave may be forced to forfeit their remaining assets—and businesses who stay can’t criticize Putin.
Read more »
War in Ukraine: Negotiations to resume as Russia pressures Kyiv, expands western strikesRussia’s military forces kept up their campaign to capture Ukraine’s capital with fighting and artillery fire in Kyiv’s suburbs Monday after an airstrike on a military base near the Polish border brought the war dangerously close to NATO’s doorstep.
Read more »