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 -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne Unlimited-11-12-18

Airborne Unmanned-11-13-18

Airborne Unlimited-11.14.18

AMA Drone Report-11.15.18

Airborne Unlimited-11.09.18

Airborne-YouTube

Airborne Unlimited-11-12-18

Airborne Unmanned-11-13-18

Airborne Unlimited-11.14.18

AMA Drone Report-11.15.18

Airborne Unlimited-11.09.18

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

Aero-Help Wanted: ANN REALLY Needs A Sales Pro

ANN/Airborne/Aero-TV Marketing Department Needs Part or Full Time Personnel E-I-C Note: For some reason, finding really motivated/honest/professional sales help has been a tough gi>[...]

Airborne-Unmanned 11.06.18: Autonomous Sikorsky, Trusted Operator, Northwest UAV

Also: Drones Deliver Vaccines, High-Resolution Forecasts, Microsoft Azure, Propeller Aero And DJI U.S. Army pilots exercised supervised autonomy to direct an optionally-piloted hel>[...]

AMA Drone Report 11.08.18: FAI Championships, Drone Controller, Vaccines By Air

Also: Mavic 2 Pro Eval Starts, DJI Expands, FlightSafety Test Prep, What’s A ‘Hover 2?’ Imagine being a 15-year-old drone racer from Australia... and now imagine >[...]

Airborne 11.12.18: Hawkins OUT of Icon, Hoversurf = Ultralight, $$$ USAF Mugs

Also: SimCom TBM910 FTD, JAL Pilot Arrested, New Contract For 15 E175s, Aero-TV: DeltaHawk Diesel The other shoe has dropped... Kirk Hawkins, the driving force behind the Icon Airc>[...]

Airborne-Unmanned 11.13.18: Parrot AG Solution, Kratos Expands, Precisionhawk

Also: ERAU Certified, AeroVironment Award, International Brain-Drone Race, Relmatech's Direct Broadcast Platform European drone group Parrot has introduced Bluegrass Fields, an end>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC