Interesting tweet on the future of Russian aviation

[bachophile]

Read the thread….

[bachophile]

And another transport tweet, this one on shipping

I find this stuff fascinating

[jon-nyc]

Interesting.

[George K]

Very few aircraft are actually owned by airlines, and instead most are owned by lessor companies, most of which are Irish. Under the sanctions regime, the view in the legal community is that those leases have to be terminated, otherwise Irish companies will be criminally liable.

More importantly: Russian operators are unable to effect insurances. Without those, no national aviation authority will allow access to its airspace. This would in effect mean the end of Russian operators flying internationally.

I had no idea.

[Copper]

We are quickly approaching the point where Mr. Putin will be forced to takeover the whole world.

[Renauda]

@George-K said in Interesting tweet on the future of Russian aviation:

Very few aircraft are actually owned by airlines, and instead most are owned by lessor companies, most of which are Irish. Under the sanctions regime, the view in the legal community is that those leases have to be terminated, otherwise Irish companies will be criminally liable.

More importantly: Russian operators are unable to effect insurances. Without those, no national aviation authority will allow access to its airspace. This would in effect mean the end of Russian operators flying internationally.

I had no idea.

That’s makes two of us.

This is huge.

[jon-nyc]

And trucks.