Russia to ‘keep’ leased planes, ‘pay’ for them in worthless rubles –
Russia’s Transport Ministry published a new document on the official portal today, that establishes a new procedure for the execution of lease agreements for foreign aircraft and aircraft engines amid the economic sanctions imposed on Russia for its aggression against Ukraine. The document suggests that Russian authorities may authorize the country’s airlines, including national flag carrier Aeroflot, to retain aircraft leased from foreign firms and pay for them in the national currency, that is currently in a freefall and is […]
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