Aircraft leasing giant casts doubt on renting to Russian airlines again after Putin seizes planes
The CEO of major aircraft-leasing company Avolon on Tuesday accused Russia of "robbery" after President Vladimir Putin's government seized several leased planes.
The ordeal will have lasting impacts on the company's relationship with the country, said the executive, Domhnal Slattery, casting doubt on whether the second-largest aircraft lessor would do meaningful business with Russian airlines ever again.
"We try every day but as of today [there is] zero chance of getting those back right now," he said.
Western aircraft-leasing companies have been trying to recover hundreds of planes that are in Russia. They were required under sanctions in protest of Russia's attack on Ukraine to sever contracts with Russian customers.
https://www.msn.com/en-us/money/companies/aircraft-leasing-giant-casts-doubt-on-renting-to-russian-airlines-again-after-putin-seizes-planes/ar-AAVDlVh
Outside of TFG who'd want to do business with kleptomaniac Putin.