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Russia may allow outside firms to maintain airliners amid sanctions, Tass says

Stock Markets Mar 05, 2022 03:15PM ET
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© Reuters. FILE PHOTO: Passenger planes owned by Russia's airlines, including Aeroflot and Rossiya, are parked at Sheremetyevo International Airport in Moscow, Russia March 1, 2022. REUTERS/Marina Lystseva
 
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OTTAWA (Reuters) - Russia could allow passenger airliners to be maintained by third-party firms in a bid to help its domestic carriers hit by sanctions over the invasion of Ukraine, Tass news agency said on Saturday.

Tass said the Russian transport ministry had drawn up a draft bill to help airlines until September 2022. It would also suspend all planned and unscheduled inspections of carriers, the Russian news agency reported.

Boeing (NYSE:BA) Co and Airbus SE (OTC:EADSY) - the world's two largest aircraft manufacturers - have suspended the supply of components and services to Russian airlines, a move that will likely make it harder to maintain planes.

The bill would allow "the repair of aircraft and the replacement of components by third-party companies, as long as they meet the requirements for companies that are involved in maintenance," Tass said. It did not give details.

Russian President Vladimir Putin earlier on Saturday said Moscow was in talks with aircraft leasing companies to resolve potential issues linked to sanctions.

Russia's state aviation authority is recommending that domestic airlines with foreign-leased aircraft suspend passenger and cargo flights abroad from Russia from March 6 and from foreign countries to Russia starting on March 8 to prevent their possible seizure.

Russia may allow outside firms to maintain airliners amid sanctions, Tass says
 

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Comments (1)
gab nea
gab nea Mar 06, 2022 6:36AM ET
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russia is no longer relevant, unless its energy of course, but that's it.
gab nea
gab nea Mar 06, 2022 6:36AM ET
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it is " a gas station masquerading as a country" with a lying dear leader.
 
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