Putin is 'kidnapping' Irish planes with new law that traps foreign-owned jets in Russia

Putin has passed a new law to keep foreign-owned aircraft in Russia, blocking sanctions which say the planes should be repatriated.

Around 75 per cent of airplanes used by Russian airlines are leased, so the Western sanctions demanding their return are a serious blow to the country, according to an aviation expert Euronews Travel spoke to.

The move to circumvent the rules comes two weeks before a 28 March deadline when the jets, worth around $10 billion (€9.1 bn) in total, are due to be repossessed.

This new law will enable foreign jets to be registered in Russia, in order “to ensure the uninterrupted functioning of activities in the field of civil

→ Continue reading at Euronews

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