By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Reading: Aeroflot Buys 8 Stranded Airbus A330 Aircraft
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Signin Sign In
Follow US
Copyright © Travel Radar Media Ltd. 2025 | All Rights Reserved
Travel Radar - Aviation News > News > Aeroflot Buys 8 Stranded Airbus A330 Aircraft

Aeroflot Buys 8 Stranded Airbus A330 Aircraft

Jasmine Adjallah
Last updated: 14 May 2022 17:51
By Jasmine Adjallah 3 Min Read
Share
Aeroflot Airbus A330
SHARE

Russian flag carrier Aeroflot announced on Friday that it purchased 8 Airbus A330 aircraft from foreign leasing companies. The purchase was made “as part of the fulfillment of contractual obligations”. 

Aeroflot’s woes continue

Russia’s biggest airline has struggled significantly in the wake of Russia’s invasion of Ukraine in February. 

Russian carriers have been hit with an influx of issues – from certification of Russian aircraft being revoked by the European Union Aviation Safety Agency to the likelihood that Russia could lose over half of its fleet by 2025, it has gone from bad to worse for Russian aviation. 

In March, Russia retaliated against Western sanctions by seizing all foreign-owned (particularly Western-owned) aircraft that were in Russia at the time. More than 400 aircraft leased from Western carriers, worth almost $10 billion, have been stranded in Russia as a consequence. 

But Aeroflot cannot fly the aircraft Russia has seized, meaning that they have lost practically all of its fleet. 

The Russian carrier has not specified which firms the 8 Airbus A330 aircraft have been purchased from. 

In order to keep valid airworthiness certificates and Aeroflot can use the A330s, Russian authorities are in the process of transferring the aircraft to its own registry. 

Aeroflot is able to purchase the Airbus aircraft because of an exemption to European Union sanctions against the country. 

Currently, EU regulations governing sanctions imposed as a reaction to the Russian invasion of Ukraine prohibit “the award and continued execution of public contracts and concessions with Russian nationals and entities or bodies established in Russia”. As Aeroflot is majority-owned by the Russian state this applied to them. 

However, an exception enacted on 8 April stated that national authorities in the EU can authorise “the execution of an aircraft financial lease concluded before 26 February 2022” as long as it is “strictly necessary to ensure lease re-payments”. Crucially, no payment can be made beyond the transfer of the aircraft. 

So, to summarise, Aeroflot was able to purchase aircraft from a leasing company so long as no money is exchanged outside of that. 

Let us know what you think in the comments below.

You Might Also Like

The future of travel loyalty: How airports are becoming aspirational destinations

Deutsche Aircraft and DLR complete ground vibration test on D328 Uplift

EVA Air and Southwest Airlines: New Interline Partnership

The Most Scenic Airport Landings in New Zealand

DHL and Cathay: Sustainable Aviation Fuel (SAF) Partnership

Share This Article
Facebook Twitter Email Copy Link
What’s your thoughts?
Love0
Sad0
Happy0
Angry0
Jasmine Adjallah
By Jasmine Adjallah
Jr Reporter - Aspiring to work in a journalism, PR, Communications/media role, Jasmine is using her gap year as an opportunity to learn, gain experience and grow as a person. Interested in the sports, aviation and broadcasting world. At Travel Radar she is a Jr. Reporter working with the publication over Summer 2022.
Previous Article ITA Airways A320 taxiing. @ Styyx ITA Airways: an expanding, a soon-to-be privatised carrier
Next Article Hawaiian Airlines aircraft Hawaiian Airlines to Add Seagliders to its Fleet by 2028
Leave a comment
Subscribe
Login
Notify of
guest
guest
0 Comments
Oldest
Newest Upvoted
Inline Feedbacks
View all comments

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe

Trending News

People playing casino games on an aircraft
In-Flight Gambling: A Multi-Billion-Dollar Opportunity Grounded by History and Law
Aviation Technology Travel Radar
Person Holding World Globe Facing Mountain
Moving Abroad: How to Choose the Right Country for Your Next Adventure
Travel Travel Radar
RwandAir aircraft
RwandAir Expands Fleet, Welcomes Two New Boeing 737-800s
Aircraft Airlines Aviation
Delta agrees to pay $78.75 million lawsuit after Delta flight 89 fuel dump case which affected thousands of properties and injured dozens.
Delta Agrees to Pay $78.75 million Settlement for Fuel Dump Lawsuit
Airlines Aviation Incidents & Accidents
Black and white photo of airBaltic crew
airBaltic Celebrates 30th Anniversary
Airlines Aviation
//

Travel Radar is the leading digital hub for all things aviation and air-travel. Discover our latest aviation news, aviation data, insight and analysis.

Discover

  • Latest News
  • Subscribe
  • Weekly Digest
  • Contact Us
  • Privacy Policy
  • About Us
  • Advertising
  • Media Coverage
  • Press & Events
  • Join Our Team
  • Our Brands

Signup to our Newsletter!

And get the latest aviation news via our weekly news digest!

© Travel Radar Media Ltd. 2015-2025 | ISSN #2635-0696 | Trademark #UK00003579704
wpDiscuz
adbanner
AdBlock Detected
Ads help us bring you high-quality, independent journalism for free. Support us by whitelisting us from your ad blocker.
Okay, I'll Whitelist
Welcome to the TR Community!

Sign in to your account

Register Lost your password?