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Russian takeover of foreign-owned aircraft portends higher lease rates

Air Lease Corp. had to write off $800 million in assets that Russian airlines are not returning in the face if western sanctions. ( More...

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sparkie624 4
I think that Russia has bit off more than it can chew... Planes break and you can only rob from Peter to pay Paul for only a period of time. Soon all of their planes will be parked!
James Driskell 2
Ivan needs to start making parts if he expects these aircraft to continue to operate.
Greg S 1
Everything Russia steals now will have to be paid for later with interest *if* Russia ever wants to re-enter the global economy. Russia dug itself a hole, jumped in, and is now digging itself deeper and deeper.


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