Canadian aviation company caught in Russia’s confiscation of hundreds of foreign-owned jets

Dash 8 Number 443 rolled out of the hangar at Bombardier Aerospace’s plant in Toronto and took its maiden flight from the Downsview Airport in the spring of 1997.

Bermuda and Ireland, the tax-friendly countries in which 80 per cent of the world’s passenger aircraft are registered, have cancelled the certificates because the sanctions make it impossible to conduct safety inspections, said Alana Caldwell, a spokeswoman for the Bermuda Civil Aviation Authority. “They’ve all filed claims, and then it’ll probably go to litigation and be stuck in litigation for years,” Ms. Becker said from New York.

E-mailed questions to Yakutia Airlines were not returned. Markus Ruediger, a spokesman for International Air Transport Association, which represents most of the world’s airlines, declined to comment. Global Affairs Canada did not provide answers to e-mailed questions. “We’ve been doing our very best to recover the aircraft and we continue to be try to be in contact with the lessees or the beneficiaries of the leases,” Mr. Nysetvold said. “We’re trying to mitigate our losses. But … Mr. Putin has made it almost impossible to remove aircraft from Russia.

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Industry groups call for federal government to stop potential CP Rail work stoppageCanadian business organizations are calling on Ottawa to prevent a potential work stoppage at Canadian Pacific Railway Ltd., which could further hamper companies recovering from COVID-19 restrictions and supply chain problems. competent world leaders from many countries around the world and canada offers up a ...trudeau? the nation carries the shame! 'CP Rail' ceased to be the company name in 1997. One wonders what other inaccuracies exist in your coverage.
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