Lessors face legal quagmire as Russian plane repos stall
© Reuters/Maxim Shemetov FILE PHOTO: FILE PHOTO: An Aeroflot Boeing 777-300ER aircraft is reflected in a puddle at Sheremetyevo International Airport outside Moscow
PARIS/SHANGHAI/LONDON (Reuters) - Global leasing companies staring at an imminent sanctions deadline to repossess more than 400 jets worth almost $10 billion from Russian airlines have received mostly radio silence as experts warn of legal wrangling that could last a decade.
Western bans imposed after Russia's invasion of Ukraine give most leasing firms until March 28 to sever ties with Russian airlines - sparking a game of cat-and-mouse from Asia to Africa as lenders frantically try to seize aircraft.
https://www.msn.com/en-au/money/companies/lessors-face-legal-quagmire-as-russian-plane-repos-stall/ar-AAUQf6L?ocid
- Forums
- World Politics
- Russia Ukraine war
Russia Ukraine war, page-7220
-
- There are more pages in this discussion • 219,936 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online