PPRuNe Forums - View Single Post - Could Leasing Companies be Forced to Write-off 500+ aircraft
Old 11th Mar 2022, 06:35
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Denti
 
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Originally Posted by DaveReidUK
You believe that Russia will start to break up lessors' aircraft ?

The lawyers will have a field day.
Of course they will, see the link above. But they will have anyway, as russian airlines are not returning aircraft and documentation to the leasing companies as required by the Cape Town Convention. So they are already in breach of their contracts and that will just get worse. And yes, big law firms are already calculating their bonuses for the minimum of a decade of litigation following this mess.
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