Politics
76 Russian planes have been confiscated since the sanctions
According to the Russian Minister of Transport Vitaly Saveliev, 76 Russian planes have been confiscated as a result of the sanctions imposed because of the invasion of Ukraine, “TVP World” reported.
Saveliev expressed his surprise at the sudden decision to confiscate these planes, which were in a warehouse for technical storage, in the process of maintenance abroad, about to perform flights or already ordered and about to be put into service. After the outbreak of hostilities, they were not repatriated to Russia..
Currently, Russia’s aircraft fleet numbers 1,302 aircraft, 1,167 of which are intended for passenger purposes.
Before the start of the conflict, many of the Russian passenger planes were registered in foreign countries and leased to Russian airlines.
Bermuda and Ireland, where a significant number of these planes were registered, revoked the airworthiness certificates of many of them in response to the invasion of Ukraine, effectively blocking nearly $10 billion worth of them in Russia.
In response, Russian President Vladimir Putin approved a law allowing leased foreign aircraft to be registered in Russia, making it harder for countries to repossess them.
In March 2022, Saveliev reported that almost 800 aircraft had been transferred to the national registry.
However, this means that the aircraft does not receive software upgrades from the manufacturer. Maintenance, servicing and inspection to company standards are also affected.
Russia is trying to circumvent sanctions and find ways of replacing Western-made parts and equipment to keep its aeronautics industry in business.
The Russian transport minister also mentioned that Russian airlines have resumed flights to 11 countries that have guaranteed not to confiscate their planes. He explained that negotiations for compensation for these planes and their purchase had been hampered by “the ban and the lack of desire on the part of foreign countries”. Sevliev stressed that due to the lack of these aircraft, Russia will be left without a viable aviation fleet.
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On November 7, Ecumenical Patriarch Bartholomew sent a congratulatory letter to the newly elected US President Donald Trump, wishing him health, strength and success in his upcoming second presidential term.
“Recognizing the enormous responsibilities of such a leadership position, we pray that your decisions will be guided by wisdom and compassion, as well as by the strength necessary to maintain harmony and security in your great and God-protected nation,” noted Patr. Bartholomew:
“The Ecumenical Patriarchate, with its ancient history and its fundamental commitment to dialogue and reconciliation, remains a constant supporter of all efforts to promote peace and understanding between people of different cultures and beliefs. We hope that under your leadership the United States will continue to support the cause of religious freedom and human dignity – values that resonate deeply in the Orthodox Christian tradition and all faith communities,” the congratulatory letter said.
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The last of Russia’s major state-owned banks, which retains access to the SWIFT system for international payments in the world’s major currencies, will become subject to new US sanctions.
The White House is considering blacklisting Gazprombank, the Russian Federation’s third-largest bank by assets, which is a “hub” for gas payments with Europe. As the Nikkei reported, citing officials familiar with the matter, GPB could be subject to blocking sanctions: it would be barred from any transactions with US banks. A decision on sanctions will be made by the end of November – the United States has notified its G7 partners about this, sources told the publication, including high-ranking European officials.
Directly owned by Gazprom with a third and another 40% by its pension fund, Gazprombank is not yet subject to strict Western restrictions: in the United States it is only prohibited from raising capital on the debt market, although its top managers and a subsidiary are subject to blocking sanctions IT company. In the European Union, GPB also avoids blacklists, and only Britain has introduced blockers against the bank.
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