Russian Airlines Consider Turkish Relocation to Skirt Sanctions
Some Russian airlines are weighing setting up Turkish-based carriers to get around the sanctions that have prevented them from leasing aircraft and accessing maintenance and repair facilities following the invasion of Ukraine.
Pegas Touristik, which owns Nordwind Airlines, and Anex Tourism Group, which operates Azur Air, are considering basing new airlines in Turkey and have had discussions with leasing companies about getting planes, according to people familiar with the matter.
Unlike state-owned Aeroflot PJSC, which flew to some 56 countries before the invasion of Ukraine, Azur Air and Nordwind mainly ferry Russian holiday-goers to tourist destinations. While based in Russia, both are part of larger tour companies controlled by Turkish businessmen. The carriers havent been individually sanctioned, so the moves wouldnt violate the rules, the people said, asking not to be identified discussing private matters.
European Union sanctions forced leasing companies, mainly based in Ireland, to terminate leases on planes to airlines in Russia and barred the carriers from flying in European airspace. The airlines in turn have refused to return planes to lessors after the Russian government, determined to maintain the countrys air links, forced them to seek permission before handing back aircraft.
https://www.msn.com/en-us/news/world/russian-airlines-consider-turkish-relocation-to-skirt-sanctions/ar-AAYdKhB