Russian airlines consider Turkish relocation to skirt sanctions

Some Russian airlines are weighing setting up Turkish-based carriers to get around the sanctions that have prevented them from leasing aircraft and accessing maintenance and repair facilities following the invasion of Ukraine. Pegas Touristik, which owns Nordwind Airlines, and Anex Tourism Group, which operates Azur Air, are considering basing new airlines in Turkey and have had discussions with leasing companies about getting planes, according to people familiar with the matter. Unlike state-owned Aeroflot, which flew to some 56 countries before the invasion of Ukraine, Azur Air and Nordwind mainly ferry Russian holiday-goers to tourist destinations. While based in Russia, both are part of larger tour companies controlled by Turkish businessmen. The carriers haven’t been individually sanctioned, so the moves wouldn’t violate the rules, the people said. EU sanctions forced leasing companies, mainly based in Ireland, to terminate leases on planes to airlines in Russia and barred the carriers from flying in European airspace. The airlines in turn have refused to return planes to lessors after the Russian government, determined to maintain the country’s air links, forced them to seek permission before handing back aircraft. Anex may base a new unit in Antalya, the main hub for Turkey’s southern coast, with a fleet of Boeing narrow- and wide-body jets, one of the people said. The group is in discussions with several lessors including Dubai Aerospace Enterprise and Aviation Capital Group, as well as AerCap Holdings and Boeing Capital Corp., according to that person. <br/>