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    Expressions are chosen for payments for aircraft // Airlines are looking for a way to negotiate with Western lessors

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    Russian carriers are discussing a scheme that would allow them to pay for Western aircraft without violating sanctions. Aeroflot CEO Sergei Aleksandrovsky said the group was negotiating an “insurance settlement” for 47 aircraft under operating lease. It implies the payment of compensation to foreign lessors at the expense of the National Welfare Fund. EU sanctions do not apply to insurance payments, which makes such calculations theoretically possible. But, according to Kommersant, Russian airlines cannot agree with the lessors on the residual value of the liners and the status of the payment: in the West they want to consider it as compensation for the “loss of property”, which will deprive Russian carriers of deposits and increase the cost of the transaction.

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