EU allowed to keep old financial leasing contracts with Russian airlines

EU allowed to keep old financial leasing contracts with Russian airlines
Photo by Leio McLaren / Unsplash

The EU has allowed its companies to execute financial leasing contracts concluded with Russian airlines until February 26. After the term of the contract expires, planes under the terms of financial leasing will pass into the ownership of Russian carriers.

The exact number of airplanes in financial leasing with Russian companies is unknown.