Bermuda Registered Aircraft - The Bermuda Civil Aviation Authority (BCAA) said over the weekend it would immediately suspend all airworthiness certificates for Russian-operated aircraft on its registry.
The BCAA said the international sanctions imposed on Russia effectively made it difficult for the agency to safely monitor Russian-operated aircraft in its registry.
Bermuda Registered Aircraft
"For aircraft that are in the air at 23:59 UTC on March 12, 2022, the temporary suspension will take effect immediately after landing," BCAA said on its website, as a measure to stop Russian airlines from doing business by keeping the aircraft grounded until the same. can be registered elsewhere.
Avolon: $304 Million Impairment On Russia » Airinsight
The airline initially registered its fleet in Bermuda because of its tax haven status and ease of doing business. Bernews reported that 740 of the nearly 900 aircraft on the list belong to Russian operators.
However, due to Bermuda's status as a British overseas territory, it is subject to restrictions imposed by the U.K. through Russia. In fact, on its website, the Bermudian government says the ban is "essentially the same as the one in the UK."
During a parliamentary session in early March, Bermudian government officials Liz Roberts and Elizabeth Truss called for the government to suspend support for Russian-operated aircraft.
Valery Kudinov, head of the Aircraft Qualification Department of the Federal Air Transport Agency, told the Tass news channel that since the end of February, more than 180 aircraft have been added to the Russian national register, which had only 70 aircraft before. .
Swiss Government Jet Finds A Buyer
Later Monday, Russian President Vladimir Putin passed a law to legalize the questionable move. According to Reuters, Putin signed a law on Monday morning to allow regional and national airlines that lease aircraft from foreign companies to present their list in the Russian register and "to ensure uninterrupted activities in the field of civil aviation."
Along with airline lessees canceling their leases, this would effectively nationalize their stranded fleets and make it difficult for lessees to return their equipment, especially before the March 28 deadline.
This causes another puzzle because the International Civil Aviation Organization (ICAO) rules that "aircraft may not be legally registered in more than one country," and since there is no transfer of legal ownership from the lessor that completes the fleet of Russian airlines, this aircraft will operate illegal in Russia.
Michael Wildes holds a master's degree in Logistics & Supply Chain Management, and a bachelor's degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked in the university's aviation department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.Leased aircraft operated by Russian airlines such as Aeroflot and registered in Bermuda have lost their airworthiness certificates. (Photo: Flickr: Creative Commons (BY-ND) by LV Aircraft Photography)
Around 180 Aircraft Operated By Russian Airlines Are Transferred To The Russian Register
The Bermuda Civil Aviation Authority (BCAA) has suspended the airworthiness certificates of all aircraft operating under an agreement between Bermuda and the Russian Federation. The so-called temporary suspension from March 12, effectively required what BCAA described as "a large number" of more than 900 commercial aircraft that mostly fly under British overseas control to re-register in Russia to operate. More than 500 aircraft operate under foreign registration in Russia.
In a statement, BCAA said international sanctions imposed on Russia have affected its ability to monitor the suitability of Russian aircraft operating on its registry.
The move further undermines the Russian aviation industry's ability to maintain viability and credibility amid the escalating conflict in Ukraine.
The European Union last month ordered EU companies to end lease contracts to Russian airlines on March 28 as part of a wave of sanctions imposed by the West. Meanwhile, Russian airlines have effectively halted lease payments to international aircraft lessors in response to a new law announced on March 10 that overseas payments can only be made in the devalued ruble currency.
Business Jets & General Aviation
To prevent tenants from seizing assets outside Russia, the country's civil aviation authorities "recommended" that Russian airlines stop international operations other than flights to Belarus, and Aeroflot airline did so on March 8. Although Aeroflot has said it will resume all domestic services, many of its leased planes have Bermudian registration. The Kremlin is currently considering the nationalization of foreign assets in Russia, including aircraft owned by foreign banks and leasing companies, and the possibility of speeding up the re-registration process for airlines.
With the EU deadline now just a week away, lessors face significant legal and practical challenges with Russian customers. The task of trying to recapture Russian planes abroad is further complicated by the fact that in addition to the Russian government's order not to fly on international routes, European and North American airspace has been closed to Russian planes that may be abroad. Western companies will also find it difficult to get help from Russian law firms due to delays in communicating bank transactions through the Swift system.
Aoife O'Sullivan, an experienced aviation lawyer with The Air Law Firm, told AIN that the lessor should leave the aircraft in Russia, at least for now, to avoid liability issues. "The lease can be terminated quickly, but the question is how you will get the asset back," he explained. "What's the point of terminating the lease if you don't own the aircraft because all risk and responsibility is immediately transferred back to the lessor."
According to O'Sullivan, lawyers, at least, have anticipated these difficulties with Russia for some time. "Russia has told the airlines not to return the aircraft, and in some ways they cannot fly to the surrounding countries as an automatic lease default," he said, indicating that the precedent for the current situation can be traced back to the highly controversial. Russia's military involvement in Syria began in September 2015. Bermuda's Civil Aviation Authority on Sunday suspended the flight certificates of Russian-operated aircraft registered in the country over concerns international sanctions have reduced its ability to ensure they meet airworthiness standards.
Aviation Finance In Russia And Cis Countries
The sanctions "have a significant impact on our ability to maintain security oversight of Russian-operated aircraft," Bermuda's aviation regulator said in a statement. Aviation, technological and other restrictions are so severe that aviation authorities "cannot confidently approve this aircraft as airworthy."
The United States and the European Union have closed their airspace to Russian aircraft and banned the sale of avionics and aircraft components to Russia to punish Putin's government for invading Ukraine. Aircraft manufacturers Boeing and Airbus, which supply most of Russia's commercial aircraft, have suspended spare parts, maintenance and technical support for Russian airlines.
The EU also bans the leasing, maintenance and insurance of aircraft in Russia. Other countries, including Canada and Britain, have also banned Russian planes from flying over their territories.
Russian flag carrier Aeroflot mostly flies Boeing and Airbus aircraft. The Bermuda restrictions and air decrees really limit Russian flights to domestic flights and can quickly bring the entire system to a standstill if the operator cannot maintain the aircraft and get it certified.
Engine Parts Drop From Boeing 747 Cargo Plane In Netherlands
The Association of Russian Tour Operators (ATOR) warned that Bermuda's decision covers hundreds of Russian aircraft and could result in aircraft currently in the country without restrictions being unable to return to Russia.
Three-quarters of Russia's commercial aircraft - 745 aircraft - are registered in Bermuda, according to aviation advisory firm IBA. The exact numbers of aircraft affected by Bermuda's decision are difficult to determine as airlines are busy transferring aircraft registrations to Russia.
The Transport Ministry's plan to take away foreign aircraft's airworthiness and maintenance certificates has raised security concerns among aviation experts because Russian airlines will not have access to software updates and manufacturer support, Russian newspaper Kommersant reported.
Russia's Federal Air Transport Agency last week asked national airlines to significantly reduce scheduled international flights and suggested that airlines with aircraft from foreign lessors should suspend international flights to avoid confiscation of their planes by other governments, which has happened in some cases.
Aircraft Lessors Face Uphill Battle To Return Assets Recovered From Russia To Skies
The Federal Air Transport Agency also recommends that Russian citizens use foreign airlines to return home, with routes via Azerbaijan, Armenia, Kazakhstan as options or fly to Latvia, Lithuania, Poland and Finland and complete the journey by land transport.
Eric is the Supply Chain and Air Cargo Editor. An award-winning business journalist with extensive experience in the logistics sector, Eric spent nearly two years as the Washington, D.C., correspondent for Automotive News, where he focused on regulatory and policy issues related to autonomous vehicles, mobility, fuel economy and safety. He has won two regional Gold Medals from the American Business Association Publishing Editors for government coverage and news analysis, and was selected best for feature writing and commentary in the Trade/Newsletter category by D.C. Chapter of the Association of Professional Journalists. As an associate editor at American Shipper Magazine for more than a decade, he wrote about trade, freight and supply chains. Eric is based in Portland, Oregon. He can be contacted for comments and tips on [email protected]Aeroflot Boeing 737-800 flights from Brussels. At
Faa registry aircraft, aircraft registry, aircraft registry number, faa aircraft registry search, isle of man aircraft registry, aircraft registry search, san marino aircraft registry, transport canada aircraft registry, canadian aircraft registry lookup, faa aircraft registry database, bermuda registry, bermuda aircraft
0 Comments