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by mschuster91 977 days ago
> Russia straight up stole the airplanes its domestic airlines leased. It could simply refuse to pay the fines, too.

Well, the planes already were in Russia, foreign lenders can't seize them. But fines for non-delivery can still be taken in by seizing assets of the Russian companies in Western countries. Our legal systems unfortunately don't allow wholesale seizure of everything Russia, so it needs an actual contract violation for a seizure order to be upheld.
1 comments
JumpCrisscross 977 days ago
> the planes already were in Russia, foreign lenders can't seize them. But fines for non-delivery can still be taken in by seizing assets of the Russian companies in Western countries.

You can do the same thing to compensate the owners of the planes.

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mschuster91 977 days ago
No. You can't go and seize a random oligarch's assets to compensate the lenders of airplanes, and Aeroflot takes great care to avoid airspace where Western sanctions could hit them - the exception being Turkey, but they won't do anything that endangers their sort-of "neutrality".
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JumpCrisscross 977 days ago
> can't go and seize a random oligarch's assets to compensate the lenders of airplanes

You said "assets of the Russian companies." I'd curtail that to assets of the Russian state. Aeroflot is state owned. (It's why Aeroflot settled [1].)

[1] https://www.reuters.com/business/aerospace-defense/aircraft-...

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