newstodate.aero
Feb 09, 2018 (newstodate): Russia is intent on finding ways to have more western-built aircraft operated by Russian carriers unto Russian registration.
According to Rosaviatsyia, only 12 of 644 aircraft operated by the county's 15 largest airlines are actually owned by the carriers, with the rest operating on lease contracts with companies outside Russia.
The Russian regulator complains that this puts airlines' operations largely outside state control.
What may be more important, though, is that if these foreign aircraft were placed on Russian registration it would ease the financial burden on the country's airlines and facilitate more projects at less risk.
Furthermore, abolishing the VAT on western-built aircraft is most probably also a device by the Russian state to benefit the Russian aircraft manufacturing industry as the currently high import tax on western aircraft is cleverly avoided by the Russian carriers' choice of placing their aircraft rather on registers outside the country, rendering Russian-built aircraft less attractive.
According to an earlier survey, out of 743 western-built aircraft operated by Russian airlines, only 133 are flying under Russian registration, while 582 are registered in Bermuda, and 26 in Ireland.
This corresponds to 78 percent of all western-built aircraft operating in Russia for 29 airlines.
According to Rosaviatsyia, only 12 of 644 aircraft operated by the county's 15 largest airlines are actually owned by the carriers, with the rest operating on lease contracts with companies outside Russia.
The Russian regulator complains that this puts airlines' operations largely outside state control.
What may be more important, though, is that if these foreign aircraft were placed on Russian registration it would ease the financial burden on the country's airlines and facilitate more projects at less risk.
Furthermore, abolishing the VAT on western-built aircraft is most probably also a device by the Russian state to benefit the Russian aircraft manufacturing industry as the currently high import tax on western aircraft is cleverly avoided by the Russian carriers' choice of placing their aircraft rather on registers outside the country, rendering Russian-built aircraft less attractive.
According to an earlier survey, out of 743 western-built aircraft operated by Russian airlines, only 133 are flying under Russian registration, while 582 are registered in Bermuda, and 26 in Ireland.
This corresponds to 78 percent of all western-built aircraft operating in Russia for 29 airlines.