May 1, 2024

Athens News

News in English from Greece

The Federal Air Transport Agency warned Aeroflot and Rossiya airlines not to fly to Egypt due to the threat of arrest


Egypt threatens to seize 27 Russian airlines. Aeroflot is not recommended to fly there on ten Airbus A320, four A321, one A350 and nine Boeing 777-300ER, and Rossiya is not recommended to fly three Boeing 737-800.

About it writes publication Izvestia, citing a telegram from the department. The airline industry regulator sent warnings to companies after receiving information through closed channels about the risk of the aircraft being grounded at Egyptian airports. The publication’s source claims that airlines currently do not fly on these ships to the Arab country. According to data on the Aeroflot website, the airline operates flights to Egypt using the Airbus A320 neo.

But last year, Aeroflot and Rossiya flew on aircraft listed by Rosaviation not only to Egypt, but also to other countries, tells The Moscow Times. These vessels belong to the State Transport Leasing Company (STLC). The Irish High Court has been trying to seize 37 aircraft from her since last year. In addition to the above 27, ten more operate S7, Aurora and Yamal, which do not fly to Egypt, Izvestia’s source noted.

In September last year, the regulator recommended that carriers refuse to fly abroad on State Transport Leasing Company aircraft; there is a risk of its aircraft being arrested abroad in connection with legal proceedings. Previously, a subsidiary of GTLK Europe was liquidated in Ireland due to sanctions. Management has passed to the liquidators, who “will sell the companies’ property to generate cash flow for the purpose of settlements with creditors (including Eurobond holders),” the State Transport Leasing Company reported.

After the full-scale Russian invasion of Ukraine, the United States and EU imposed sanctions against the country’s aviation industry, banning the supply of aircraft and components. In total, there were 523 aircraft of foreign lessors in Russia, 142 of which belonged to the world’s largest aircraft leasing company AerCap. Leased vessels accounted for more than 50% of the country’s total civil aviation fleet.

The Russian government allowed airlines not to hand over the ships and re-register them in the Russian Federation, which allowed them to continue operating, but airliners with dual registration cannot fly abroad. In other countries, they are expected to be arrested and returned to the owner.



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