PPRuNe Forums - View Single Post - Could Leasing Companies be Forced to Write-off 500+ aircraft
Old 9th Dec 2022, 17:21
  #56 (permalink)  
DaveReidUK
 
Join Date: Jan 2008
Location: Reading, UK
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Originally Posted by Nil by mouth
A very poorly written article.

The majority of the planes are said to be leased from foreign companies and had been registered in Bermuda given concerns over the transparency and completeness of the procedures for maintaining airworthiness in Russia.

So instead they were registered in Bermuda and Ireland, well known places for registering planes and ships.

Sanctions required these countries to suspend registrations and airworthy certificates making it impossible to fly. But that appear to have been easily overcome by simply changing the place of registration.
My understanding is that all of those aircraft are still technically on the Bermuda/Irish registers. They are/will be severely restricted as to where they can fly outside Russia as very few countries will recognise as legitimate the RA- registrations that they now wear in contravention of ICAO's ruling that an aircraft may not be simultaneously registered in multiple countries.

A further 150 super jets have returned to Russia and are now able to fly abroad, albeit to a limited range of counties.[sic]
Hmmm.

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