Articles tagged “russia”

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Russia Looks to Seize Hundreds of Planes Before Western Air Lessors Can Repossess

Russia has moved to block foreign leasing companies from repossessing their aircraft in the country. More than half of the commercial airplanes in Russia are owned by Western lessors, and the lessors have until March 28 to comply with sanctions and repossess those airplanes. But Russia's move to essentially commandeer those aircraft is a violation of international law and could cost lessors billions of dollars.
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The Tricky Dilemma of Excluding Russian Participation From Events

While the event industry’s reaction to the crisis in Ukraine has varied — ranging from statements of support to direct offers of employment for those affected — few global events have triggered this level of solidarity. Meanwhile, figuring out how and who to exclude in terms of Russian participation from events is proving difficult.