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Bailout Plan of the Russian Government: Initial Measures in Support of Aviation Industry
14 April 2015
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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.
Geoffrey P. Burgess
UK Modern Slavery Act Transparency Statement
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