Finance, Taxes, Insurance
Russia may repeal bizjet import taxes
Currently, 30 dedicated Russian business aviation companies operate about 50 business jets, mostly converted Tupolev Tu-134s, Yakovlev Yak-40s and Yak-42s

Currently, 30 dedicated Russian business aviation companies operate about 50 business jets, mostly converted Tupolev Tu-134s, Yakovlev Yak-40s and Yak-42s and Antonov An-74s. The Russian fleet of VIP-configured jets, some of which are in service with airlines, includes between 70 and 80 aircraft.

If the Russian government fulfills its promise to remove the customs tax on imported business jets, Russian business aviation operators expect to at least double their current 15-strong fleet of Western aircraft. This translates into $250- to $300 million worth of sales.

Loading…