The Cabinet of Ministers banned the suspension of airline certificates due to financial problems

Until the end of this year, the Federal Air Transport Agency will not be able to suspend the certificates of airlines if they are in an unsatisfactory financial situation for two quarters in a row. Such decree signed by Russian Prime Minister Mikhail Mishustin.

“Until December 31, it is not allowed to: suspend the validity of air operator certificates … if the operators are in an unsatisfactory financial and economic condition following the results of 2 quarters in a row,” the document says.

The Federal Air Transport Agency will also not be able to impose restrictions on the validity of certificates at the request of the owners of aircraft (AC) in cases where they are foreign persons associated with unfriendly countries.

Against the backdrop of the start of Russia’s special operation in Ukraine, Western countries have imposed sanctions against the Russian aviation industry, including a complete ban on the supply of aircraft (including Boeing and Airbus aircraft) and components. Aircraft insurance and maintenance were also banned, and foreign leasing companies began to recall aircraft already delivered.

In February, the head of the Federal Air Transport Agency, Alexander Neradko, stressed that the restrictions did not affect flight safety in the Russian Federation. Earlier, Minister of Transport of the Russian Federation Vitaly Savelyev also called for no doubts about flight safety. According to him, in Russia “there is a whole range of spare parts”, so “so far there is nothing to fear.”