The pandemic and economic downturn have left the Russian air transport market extremely unstable. Airlines are teetering on the brink of bankruptcy and are looking for every opportunity to hold out. At the same time, the decline in effective demand and the consequences of the COVID-19 pandemic led to a significant excess of carrying capacities, which is why ensuring a more or less acceptable aircraft load is possible only due to low tariffs. Airlines continue to generate losses. In these conditions, the issues of financing air carriers and their relations with lessors — owners of key airline assets become extremely important. We will discuss:
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