Airbuses Leased to Rossiya Airlines Result in Settlement
Imagined post-sanction aircraft transference cases in Russia may not be as exciting as hoped by the laymen, if a recent insurance settlement is any indication. A pair of GA Telesis Airbuses were leased to Rossiya Airlines, an Aeroflot carrier when the war in Ukraine broke out in February 2022. As such, the ensuing sanctions cut off the flow of funds, parts, support, and even aircraft between Russia and the assorted Western nations. GA Telesis, looking to do right by their shareholders, opted to claim the 'loss' of its aircraft on insurance. Telesis appears to have been made whole, with an announcement telling investors that the firm had "received cash insurance settlement proceeds in full se