Foreign-leased planes to be paid for in rubles ...News

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Foreign-leased planes to be paid for in rubles
Russian airlines allowed to continue to fly Boeing and Airbus planes leased abroad Russian President Vladimir Putin signed a law on Friday allowing the nation’s airline companies to pay creditors from “unfriendly countries” for the leasing, renting, and purchasing of aircraft in rubles. The ruling mainly concerns Boeing and Airbus planes flown by Russian airlines. According to the document, published on a legal information portal, the funds will be transferred to an account opened with an unsanctioned Russian bank. The same applies to the leasing and purchase of auxiliary power units and aircraft engines. Payments

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