Economist Andrei Nechaev warns of the risk of a transport collapse in the Far East

Economist Andrei Nechaev warns of the risk of a transport collapse in the Far East

THIS MESSAGE (MATERIAL) IS CREATED AND (OR) DISTRIBUTED BY A FOREIGN MASS MEDIA PERFORMING THE FUNCTIONS OF A FOREIGN AGENT AND (OR) A RUSSIAN LEGAL ENTITY PERFORMING THE FUNCTIONS OF A FOREIGN AGENT.

Russian economist Andrei Nechaev believes that the problem of transport inaccessibility of the Far Eastern regions of Russia is likely due to Western sanctions against the Russian Federation due to a military special operation in Ukraine.

He recalled that one of the world’s largest leasing companies, AerCap, which works with all Russian air carriers, is withdrawing its aircraft due to US and EU sanctions. In addition, Airbus and Boeing announced the possible termination of the supply of new aircraft, support and maintenance of their aircraft in Russia.

As the economist noted, 70% of passenger aircraft used for transportation in Russia are imported, and 515 out of 980 are leased from foreign companies. “The trouble is that it won’t be possible to fly on the remaining ones for a long time if the fleet loses more spare parts for Airbus and Boeing, as well as services for these companies. For example, the Pobeda low-cost airline has 44 Boeing 737-800s, and all of them are leased. The Sukhoi Superjet, produced in Russia, which has become the main aircraft project of recent years, is based on Western components and equipment, which also fall under sanctions, ”writes Andrey Nechaev in Telegram.

He notes that the solution to the problem could be the leasing of aircraft through intermediaries in third countries with rising costs, but it is difficult to get hundreds of aircraft under this scheme. “It remains only to offer airlines from other countries that did not support the sanctions, for example, China or Turkey, to provide transportation in Russia on their own or on behalf of Russian companies. However, they may not risk falling under “secondary sanctions,” the economist says.

“If in the European part of Russia part of the transport load can be taken over by Russian Railways and motor vehicles, then a number of cities in Siberia and the Far East in such a situation risk being cut off from the “mainland”. A difficult fate awaits the airlines that will be left without aircraft,” Andrey Nechaev emphasized.

You can follow the chronicle of events around Ukraine here.

Source: Rosbalt

You may also like

Immediate Access Pro