New Russian law helps insurance claims for leased aircraft: Air Lease Corp
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New Russian law helps insurance claims for leased aircraft: Air Lease Corp

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An aircraft leasing company executive has said that a Russian law allowing Russian airlines to place foreign aeroplanes on the country’s aircraft register will help it recover on its insurance.

Vladimir Putin signed off the law earlier this week, allowing Russian airlines to continue to operate without foreign licences, making it more difficult for aircraft lessors to retrieve their planes.

According

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