Aeroflot has over a hundred aircraft available for international service
Russia’s largest airline group has reached agreement to release seven more aircraft from Western ownership
Aeroflot Group has completed the process of insurance claim settlement for seven more Western-produced aircraft formerly owned by two foreign lessors. The respective contracts were signed in late 2023, whereas all the technical stages were finalized in the period between January 16 and February 15 this year.
No details have been provided on the agreements, but they resulted in foreign lessors withdrawing their insurance claims to Russian entities, both in terms of aircraft leasing contracts with Aeroflot and insurance certificates issued by Russian insurers.
The ownership rights for the aircraft have been transferred to Russian state insurance company NSK, which provided the funds for the settlement.
The aircraft have been released from foreign registers and can be used for international operations.
Since last summer Aeroflot has achieved settlement on 76 aircraft on operational lease contracts and early buyout of further 18 aircraft from financial lease.
Several aircraft of the latest batch of seven airliners cleared from restrictions are also operated by the title carrier of Aeroflot Group. Thus, the airline has over a hundred aircraft with unambiguous status. Negotiations for settling claims with other lessors on several other aircraft are also underway.
As of today, Aeroflot airline operates 171 aircraft.
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