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The President signed Federal Law On Amendments to the Air Code of the Russian Federation and Certain Legislative Acts of the Russian Federation.
The Federal Law introduces amendments to legal acts of the Russian Federation to ensure the stable functioning of the national transport system and support for business entities in the face of external sanctions pressure.
The amendments are being made, in particular, in order to ensure the uninterrupted functioning of civil aviation and are aimed at keeping foreign aircraft with Russian carriers.
The Federal Law gives the Government of the Russian Federation the authority to establish retaliatory restrictions against aircraft of foreign states that restrict Russian aircraft entry into their airports.
In addition, the Law empowers the Government of the Russian Federation to add, among other things, exceptions to the execution of financial lease agreements, foreign aircraft lease agreements, the state registration procedure for civil aircraft, aircraft ownership rights and deals with them.
March 14, 2022