Russia’s $10 billion plane heist

Russia has seized 433 passenger jets leased from foreign companies, worth $10 billion. The move, in response to Western sanctions, allows airlines to fly them on domestic routes


Airbus A350


Aeroflot has started stripping jetliners for spare parts


Aircraft leased to Russian airlines: 513

= 10 aircraft seized	Recovered 	$0.0bn Value

AerCap				$3.5bn 113 22
SMBC Aviation			35 $1.4bn
DAE Capital			22 $558m 3
Air Lease Corp.			21 $802m 8
BOC Aviation			17 $589m 1
Avolon Holdings			10 $304m 4
Aircastle			10 $252m 2
Other (38 lessors)		138 $2.1bn 37
Stranded in Ukraine 		67 $500m 3
(11 lessors)

433 aircraft stranded in Russia and Ukraine. Valued at $9.97bn

Aircraft recovered 80


FEB MAR APR MAY JUN JUL AUG

Feb 24: Russia invades Ukraine. Brand-new Airbus A350 is among 513 aircraft owned by lessors

Mar 14: President Vladimir Putin signs law registering jets in Russia to keep flying them domestically

Mar 28: EU deadline for lessors to end agreements with Russian carriers – 29 aircraft recovered

Mar-Aug: Further 51 aircraft recovered


Sources: Cirium, IBA, Reuters, S&P Global
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