Central Bank comments on the possibility of returning funds to airlines for chartering aircraft

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According to the Central Bank of Russia (CB), when discussing attempts to return to airlines accumulated lease payments not received by foreign owners of imported aircraft, it is important to consider the arguments for defending property rights. According to the newspaper’s report, this was expressed by the first vice-president of the Central Bank, Ksenia Yudaeva. “News”.

He believes that the different factors, especially the arguments in defense of property rights, need to be weighed. Yudaeva emphasized that type C accounts were created precisely as a way to impose currency restrictions on the one hand, and to respect property rights on the other. Therefore, the argument for defending property rights should, of course, be taken into account, given the proposal of airlines to return money to circulation from these accounts, if Western leasing companies did not apply for them.

Previously, Russian President Vladimir Putin signed Law on registration of rights to foreign aircraft leased by Russian companies. This law aims to ensure the uninterrupted operation of civil aviation in the face of sanctions, as well as to protect Russian companies and the fleet of foreign aircraft.

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