Breaking: Russian aviation hit in a significant way again - this time, by Bermuda. Bermuda revokes the licenses of 745 Russian aircraft (that’s 50% of Russia’s airline fleet).
Note: Majority of aircraft flying for Russian airlines are registered in Bermuda for tax avoidance.
https://fl360aero.com/detail/big-ber...n-aircraft/863
Bermudian sanctions against Russia begin to bite
Also
Foreign Lessors Must Repossess Jets From Russia: What Now?
Quote:
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As we noted on March 2nd, Irish-owned aircraft on lease in Russia must be recalled by their owners as a result of sanctions against Russia. These lessors have hundreds of aircraft in Russia and are now faced with the enormous task of repossessing the aircraft that they legally own. But in light of airspace bans and a government that is seen by many to have violated international law, how will aircraft owners actually get their jets back?
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https://simpleflying.com/foreign-les...-russian-jets/