PPRuNe Forums - View Single Post - Could Leasing Companies be Forced to Write-off 500+ aircraft
Old 10th Mar 2022, 09:02
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Plane Speaker
 
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Originally Posted by ATC Watcher
An hypothetical question : if Aeroflot decided to do all its maintenance with HAECO in Hong Kong , with the blessing of the Chinese ( or just turning a blind eye ) could the leasing companies repossess the aircraft in China ?
Once or if the aircraft is away from Russian airspace a repossession can be effected but will require the support of the local airport and a Part 145 as the aircraft will need to fly out on a different registration (ELT and Mode S need recoding and the new rego needs to be applied).The aircraft lease will require to be terminated, the aircraft de-registered (not sure if the Russians will comply) and re-registered in a new country, a ferry company will be required to reposition the aircraft to a place of storage. The the fun starts as it unlikely that the Lessor will have scanned copies of all the records up to the point of repo so a massive engineering and airworthiness review task then starts.
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