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Commercial
Aviation
/ Russia
Increasing the fleet
Russian government announces the allocation of almost US$ 4 billion for the purchase of aircraft from foreign lessors
By: Rafael Ramos
On: 3/16/2023
Airbus A330-200
CC BY-SA 3.0 GFDL, via wikimedia commons
To buy foreign-made aircraft, the Russian government has allocated about 300 billion rubles ($3.9 billion). This was announced by the head of the Ministry of Transport of Russia, Vitaly Savelyev.
Aeroflot has already used the funds to purchase ten long-haul aircraft," Savelyev was quoted as saying by TASS during a report at a meeting of the Committee on Transport and Transport Infrastructure Development in the State Duma.
The purchase in question took place at the end of last year as sanctions imposed by Western countries, imposed since the beginning of the war between Russia and Ukraine, were relaxed in April.
In addition, Aeroflot announced that it has purchased eight Airbus A330s.
Savelyev also said that more than 70 aircraft of Russian airlines remained abroad after the imposition of sanctions.
"We are trying to buy aircraft from foreign lessors, we are well aware of this issue, and the government has already allocated (...) about 300 billion rubles," he said.
According to the decision of the Russian authorities, Russian carriers did not return the aircraft that remained in Russia after the sanctions. Instead, the country continued operating them and moved them to the domestic registry.
The residual value of more than 500 aircraft from foreign lessors that remained in Russia is estimated at $20 billion, Savelyev said in March 2022.
Rafael Ramos
Aviation enthusiast from an early age, he had his first contacts with the area developing that good old habit of spending dozens of hours in front of the screens of Micrsoft Flight Simulator and other simulators. With a solid background in various technological areas, including engineering and chemistry, Rafael has rejoined aviation as editor and author of articles and materials on our portal, providing invaluable help to the dynamics and expansion of the website and the aeronautical community, bringing us the news and updates so indispensable for us to remain current in our area of operation.
   
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