Russia could lose half of its civilian aircraft

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The authorities of the European Union have decided to completely ban the supply and rental of airplanes, helicopters and other aircraft in Russia, as well as their insurance and maintenance.

This means that Russian airlines must return all planes taken from Europe to lessors. The Ministry of Transport of the Russian Federation is planning an emergency meeting on this issue, during which airlines may be allowed not to comply with this requirement. But the confiscation will mean that no lessor will give such planes to such airlines in the future.

More than half (55%) of the entire Russian air fleet is leased to international companies. Russian airlines operate 980 liners, of which 777 are leased.

EU sanctions mean leaving Russia or the inability to fully operate all Airbus aircraft, and potentially Boeing, as the US may take similar action.

Ural Airlines is among the top 5 Russian airlines in terms of traffic, based in Moscow Domodedovo, Koltsovo in Yekaterinburg and Pulkovo in St. Petersburg. Currently, the airline’s fleet consists of 53 Airbus (14 A321, 24 A320, 5 A319, 3 A320neo, 7 A321neo), operated under simple lease.

S7 announced a temporary suspension of flights to Europe on February 24 due to seizure fears.

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