The lessors are demanding that the Russian authorities return more than 500 aircraft with a total residual value of $ 20 billion.

The Minister of Transport of the Russian Federation Vitaly Savelyev declared it, speaking in Federation Council, reports Russian Interfax .

“Requests have already been received for more than 500 foreign-made aircraft … We are now deciding with the government (on their redemption – ed.), I’ll just tell you the amount of redemption – it’s $ 20 billion at residual value, if you buy what we underpaid “This is a very large sum,” Savelyev said.

According to the official, Russia is trying to negotiate with Western leasing companies to buy the hijacked planes, but they are not negotiating. At the same time, Russia is transferring these aircraft to Russian registers.

“We have already transferred (to the Russian register, – ed.) Almost 800 cars, we insure them in Russian reinsurance companies, which are with the Central Bank – planes remain. We are looking for legal ways to negotiate with lessors and resolve this issue, but not yet There is a ban and a demand for return, they do not want to enter into negotiations to compensate them for payment and purchase of aircraft from Russian airlines, “Saveliev said.

“However, we do not lose hope and we do not give them away. Because to give means to leave oneself without aviation. You understand that, and that is why the government made such a decision,” the Russian official added.

At the same time, he acknowledged that the flights are still ongoing, but at some stage carriers will need spare parts for aircraft, the export of which is prohibited in Russia. According to him, the authorities are looking for a solution to this issue, currently focusing on the experience of Iran, which has been under sanctions for many years.

As previously reported, the Ministry of Transport of the Russian Federation clarified that there were 1,367 aircraft in the country before the invasion of Ukraine, the vast majority of which belonged to foreign owners. 78 of them were arrested abroad at the request of the owners.

It will be recalled that on February 26, the European Union imposed sanctions banning the supply of civil aircraft and spare parts to Russia, as well as their maintenance and insurance. In addition, the sanctions oblige lessors to terminate contracts with Russian airlines by the end of March. Джерело: https://biz.censor.net/n3327982

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