This is a big deal, but shouldn't come as much of a surprise.
Russia's invasion of Ukraine has led to sanctions from the international community. We have seen the impact it has on the aviation industry.
Russian airlines can now steal planes after a law was signed by Vladimir Putin. Russian airlines can place leased airplanes from foreign companies on Russia's aircraft registry.
Over 500 jets in Russia are leased from foreign companies, which allows Russian airlines to continue to operate them. This new law is intended to ensure the continuity of activities in the field of civil aviation.
They will be able to get domestic airworthiness certificates with these planes now allowed to be registered in Russia. Airlines will be limited in where they can fly these planes, so you can expect that these re-registered planes will only operate in Russia.
It's not significant but it's crazy that Russian airlines are trying to prevent planes from being taken over.
There have been questions about how long the situation would last. Are we talking days, weeks, months, years, or decades? With this move from Putin, we are more or less certain that the impacts on aviation will last.
The current operators of these planes will not be allowed to fly them internationally again if Russia is allowed to register them in a different country.
This is a big no-no and will have consequences. Russian airlines will face issues after the current situation is over, according to Russia's decision here. In the grand scheme of things, it is hardly the most significant development.
Russian airlines can re-register foreign aircraft in Russia. Even though these planes are usually owned by foreign companies, they are supposed to be seized. These are unusual and frightening times for commercial aviation.
What do you think about the new law from Putin?
All Rights Reserved © 2024
