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May 09, 2017 (newstodate): To support its national aircraft industry, Russia places a high import taxa on western-built passenger aircraft. But airlines have found ways to avoid the penalties..
According to the Head of the Russian Aviation Authority, Rosaviatsia speaking at the ongoing Aircraft Finance and Leasing Conference in Moscow, no less than 582 out of 743 western-built aircraft operated by 29 Russian airlines are registered in Bermuda while another while 26 aircraft are registered in Ireland.
This corresponds to 78 percent of all western-built aircraft operating in Russia.
According to the Head of Rosaviatsia, it could take up to three years to move all the aircraft to Russian registration.
According to the Head of the Russian Aviation Authority, Rosaviatsia speaking at the ongoing Aircraft Finance and Leasing Conference in Moscow, no less than 582 out of 743 western-built aircraft operated by 29 Russian airlines are registered in Bermuda while another while 26 aircraft are registered in Ireland.
This corresponds to 78 percent of all western-built aircraft operating in Russia.
According to the Head of Rosaviatsia, it could take up to three years to move all the aircraft to Russian registration.