Jet Leasing Co's stuck holding a 10 Billion Dollar BAG. Russia says "the jets are now ours".

[WarGamer]

https://finance.yahoo.com/news/russia-roils-plane-backed-bonds-174656312.html

This is good stuff, newer planes... from 738, 777 to A319, 320, 321, 350...

(Bloomberg) -- Russia’s decision to block foreign owners from seizing hundreds of planes worth about $10 billion is roiling a market where aircraft leases are bundled into bonds and sold to investors.

[Enter stage left]

1. Good. Shoot the SOB's down.

[WarGamer]

2. passenger jets?

ummm kay.

[Amishman]

7. track and impound them if they land outside of Russia

cleaner, safer, and more civilized

[RainCaster]

3. So... How's that trust thing working out?

Maybe the interest rate on these risky deals needs to be a whole lot higher.

[Cha]

4. Vlad & tfg are 2 Gaseous

Evil peas in a Rancid pod.

[COL Mustard]

5. Two words

1. Insurance. I hope they have it.
2. Spare parts (okay, technically three words). The Russians won’t be able to get them, so the planes will be grounded soon for maintenance.

[mitch96]

6. " the planes will be grounded soon for maintenance." Just like the Iranian F-14 Tomcats.

No parts, no fly. Then again these parts will be available on the black market for a pretty penny.
Then again, where are they gonna fly to?? Just commuter planes within russia?
m