Aeroflot has bought 10 Boeing 777-300ER from an Irish lessor

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ARO Aeroflot 777-300ER Artwork
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Aeroflot has bought out and acquired ownership of 10 Boeing 777-300ER long-haul aircraft, which have been under financial lease from an Irish leasing company since 2013 and 2014,” according to the statement.

“Aeroflot will continue to work on further implementation of transactions for the purchase of aircraft in order to maintain the current fleet of foreign-made aircraft in its own operation and expand the possibility of their operation. This approach also confirms the reliability of Aeroflot as a counterparty that responsibly fulfills its contractual obligations.”

The company clarified that the transaction was made taking into account all the required permits from Russian and foreign regulators.

In May, Aeroflot bought out eight Airbus A330 wide-body aircraft from foreign lessors.

In April, the European Union adopted an amendment to sanctions, which allows leasing companies to sell aircraft located in Russia to local airlines.

This measure will allow European governments to let lessors accept payments from Russian companies that have received aircraft on financial lease under agreements concluded before February 26. Ownership of the aircraft can be transferred after the lease payments have been made.

Source: Aeroflot, TASS

2 COMMENTS

  1. Wow, looks like the sanctions have really done Russia in!
    Yeah EU, Heil Ursula.
    Speaking of, did lovely Ursula get a cut of the Qatar World Cup bribe yet? Keeping my fingers crossed she doesn’t get screwed by some hottie Greek MP.

  2. You’re missing the point. These are not new aircraft to Aeroflot – they are aircraft already leased and operated by them “illegally”. now that they have been transferred onto the Russian register.
    The objective of buying them means that the lessor now gets money that it is owed, and the aircraft become legal property of Aeroflot, which means they do not face the risk of being impounded at an overseas airport.
    As for your other comments, they are beneath any response.

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