Bailout Plan of the Russian Government: Initial Measures in Support of Aviation Industry

14 April 2015
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Key takeaways

  • The Russian Government has enhanced the terms of the subsidy program for Russian leasing companies in respect of the purchase of aircraft for further lease to Russian airlines.
  • This is one of the steps taken to support the aviation sector of the Russian economy during the ongoing crisis.
  • The actual size of the subsidies, which continue to be selective, has increased, but current market conditions are not favorable for new aircraft acquisitions.