London aviation market wary as Russia drafts law for non-return of $10bn of jets

11 March 2022

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Russia. Moscow. Sheremetyevo Airport. Aircraft Aeroflot, IL-96, Valery Chkalov

Moscow has drafted a law which would prevent Russian airlines from returning around $10bn of leased jets, according to media reports, as the London aviation market watches closely for news of any confiscation of assets by the Russian government.

Reuters reported yesterday that under the proposed law drafted by the transport ministry, Russian airlines will pay leases in roubles throughout 2022.

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London aviation market wary as Russia drafts law for non-return of $10bn of jets

Moscow has drafted a law which would prevent Russian airlines from returning around $10bn of leased jets, according to media reports, as the London aviation market watches closely for news of any confiscation of assets by the Russian government.

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London aviation market wary as Russia drafts law for non-return of $10bn of jets

Moscow has drafted a law which would prevent Russian airlines from returning around $10bn of leased jets, according to media reports, as the London aviation market watches closely for news of any confiscation of assets by the Russian government.

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Uncover exclusive insights tailored for insurance leaders

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Talanx reports prelim net income of EUR572mn in Q1

Behind the Headlines: Israel escalation and Convex's Paul Brand on building and running a $4bn (re)insurer

Marsh McLennan launches global alternative risk solutions practice

Rates a ‘non-factor’ in WTW risk and broking growth: Hess

Aspen shelves IPO amidst deteriorating market sentiment

Mapfre Q1 net profit jumps 70% to EUR215mn

WTW posts 5% Q1 organic growth with 8% in risk and broking