HONG KONG -- Asian jet leasing companies have had little luck recovering planes they had provided to Russian airlines before the Ukraine war, forcing them to begin writing off the value of stranded aircraft.
Ukraine war
Asian lessors take losses on failure to recover jets from Russia
Avolon and Aircastle record $550m in asset write-offs for stranded planes
Russia has adopted measures allowing Aeroflot and other domestic airlines to retain aircraft leased from foreign companies. © Reuters
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