The Russian Government has approved the rules for settlements for the leasing, rental and purchase of aircraft from companies from “unfriendly” countries. If a lessor has a structural subdivision registered in Russia, payments will be made in roubles.

If the company has a structural subdivision in a country that has not joined the anti-Russian sanctions, the payment will be made in the national currency of the state in which the subdivision is registered, or in rubles.

The corresponding decree was signed by Prime Minister Mikhail Mishustin. All settlements will be made at the official exchange rate of the Central Bank of Russia, set on the day of fulfillment of obligations. The introduced rules will be in force throughout 2022.