A leasing company from the United States wrote 27 aircraft in Russia for $802 million.
The American leasing company Air Lease writes 27 remaining in Russia after the rejection of forecasts in the amount of $802 million, Reuters writes, citing the company’s allegations.
“It is unlikely that the company will return the planes left in Russia,” quotes agency message Rental of aircraft.
Under the write-off of the 21st aircraft rental group, as well as six aircraft from the rental fleet management. The operation to write off the reflection in the income statement for the 1st quarter of 2022, which is scheduled for May 5, follows from the close.
Air Lease also that the write-off is not provided for significant future expenses. She made insurance claims for damages, writes Reuters.
Leasing companies “go out of their way” to seize more than $400 worth of almost $10 billion flowing into Russia. As a rule, carriers refuse to comply with the requirements and return the aircraft.
After the start of military special operations in Ukraine, Western countries, including the United States, Canada, Great Britain and EU countries, closed their airspace to Russian aircraft. Russia accepted mirror judges. Also, foreign leasing companies own leased aircraft that came from Russia, and the authorities have banned the supply of parts for them to the Russian Federation. In connection with the sanctions in Russia, it is allowed to register the rights to foreign aircraft leased from domestic companies. The issuance of Russian airworthiness certificates allows air carriers to maintain a fleet of foreign aircraft and use them on domestic flights.