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          Home » Russia may nationalize Boeing and Airbus jets

          Russia may nationalize Boeing and Airbus jets

          Mahesh Darkunde by Mahesh Darkunde
          March 4, 2022
          in Featured, News
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          Russia may nationalize Boeing and Airbus jets
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          The Federation Ministry of Transport of Russia has been in talks with the country’s leading airlines about the possibility of nationalising all Airbus and Boeing planes that have been returned to foreign lessors as a result of Western sanctions.

          
          
          The Federation Ministry of Transport of Russia has been in talks with the country's leading airlines about the possibility of nationalising

          Various options for keeping aircraft leased from Western firms were examined, according to the article.

          The Russian Federation’s Ministry of Transport is likewise “moving towards” nationalisation.

          However, no decision has been taken yet.

          The Russian Federal Air Transport Agency, Rosaviatsiya, has not confirmed whether the option is being considered. But has stated that “the topic [of maintaining the civil aviation fleet is being reviewed.”

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          According to sources, Russian Deputy Transport Minister Igor Chalik convened the meeting, which included leaders from .Russia’s top aviation corporations, including Aeroflot Group (which owns Aeroflot, Pobeda, and Rossiya), S7 Group, Ural Airlines, and Utair.

          Sources said that nationalising Russia’s civil aircraft fleet is “the most realistic alternative” for keeping it functioning.

          • Russian Security Council Deputy Chairman Dmitry Medvedev first mentioned the possibility of Russia nationalising foreign property located on. Russian Federation territory on February 26, two days after Russia launched a full-scale invasion of. Ukraine and one day after the EU announced major sanctions against Vladimir Putin’s regime.
          • The EU and numerous other nations have banned the sale and leasing of aircraft to. Russian corporations, with the requirement that leased assets be returned by March 28, 2022.

          Several Russian enterprises, including Pobeda, Aeroflot’s low-cost branch, and an operator of a .Boeing 737 fleet that is fully leased, have indicated that they will “protect their fleet” and try to prevent losing the planes.

          Russian companies operate at least 589 aircraft that will be affected by sanctions, according to aviation consultancy firm IBA.

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          Mahesh Darkunde

          Mahesh Darkunde

          Journalist - He is an Aircraft Maintenance Engineer, Mahesh has always had a knack for all things aviation. He Join Aviation A2Z as a writer nearly 2 years ago.

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