Putin Associate Sells Gulfstream G650 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-07.07.25

Airborne-NextGen-07.08.25

AirborneUnlimited-07.09.25

Airborne-FlightTraining-07.10.25

AirborneUnlimited-07.11.25

Fri, Jul 06, 2018

Putin Associate Sells Gulfstream G650

Says U.S. Trade Policies Prevent Him From Using The Aircraft

A Russian billionaire closely associated with Russian President Vladimir Putin has sold his Gulfstream G650 business jet, citing problems getting spare parts for the aircraft.

Gennady Timchenko made his fortune in oil trading, according to a report from Reuters. He bought the G650 in 2013, according to aircraft registration records. The aircraft normally lists for about $60 million.

Timchenko was put on a sanctions list by the U.S. government following Russia's annexation of Crimea in 2014. Timchenko said in an interview that year that Gulfstream had annulled its service contract on the plane. He told the Russian state news agency TASS that he could not use the airplane "because the company won’t supply it with spare parts, and the pilots don’t have the right to use the navigation, the built-in maps.”

Timchenko twice switched the registration of the aircraft to different countries and changed the registration number, but the jet can be identified through the manufacturer's serial number.  

The new owner is Cyprus-registered Amerivo Holdings Limited. It is now registered in Luxembourg. That company is 100 percent owned by the Russian Direct Investment Fund (RDIF).

(Image from file)

FMI: Original report

Advertisement

More News

KidVenture Educational Activities Lineup At EAA AirVenture 2025

Youth Explore With Hands-On Builds, RC Airplanes, Flight Sims, Much More KidVenture is located just north of the EAA Aviation Museum, at Pioneer Airport, and has arranged a myriad >[...]

Aero-News: Quote of the Day (07.07.25)

“About nine decades ago, Amelia Earhart was recruited to Purdue, and the university president later worked with her to prepare an aircraft for her historic flight around the >[...]

Airborne 07.07.25: Sully v Bedford, RAF Vandalism, Discovery Moving?

Also: New Amelia Search, B737 Flap Falls Off, SUN ‘n FUN Unveiling, F-16 Record Captain Sully Sullenberger, the pilot who saved 155 people by safely landing an A320 in the Hu>[...]

Aero-News: Quote of the Day (07.08.25)

"It is critically important for North American flight safety that Temporary Flight Restriction (TFR) violations are avoided. All pilots must familiarize themselves with updates to >[...]

Airborne-NextGen 07.08.25: Joby in Dubai, Army Electra, Archer iin Abu Dhabi

Also: Hackers v Aviation, Discovery Moving?, Gogo Galileo HDX, EVE to Costa Rica Joby Aviation announced its electric air taxi successfully completed a series of VTOL wingborne tri>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC