Russia Has Allocated $4 Billion For Purchasing Foreign Leased Aircraft - YouTube

When Russia decided to start a war against its neighbor Ukraine, it also condemned domestic industries (depending on Western suppliers and manufacturers) to scramble to come to terms with a new, heavily sanctioned, day-to-day existence. In an unprecedented move, the Russian government has given the “ok” for aircraft owned by foreign lessors and registered abroad to be re-registered in the country. This maneuver set off a cascade of effects, with some aircraft being impounded, Meanwhile, abroad, legal battles over insurance policies are set to continue for years to come. Let’s look at the current situation in today’s video. Article: Our Social Media: Our Website For copyright matters please contact us at: legal@