Avolon Holdings Ltd wrote off remained in Russian Federation planes for $304 million

The Irish company Avolon Holdings Ltd suffered losses of $304 million because of refusal Russian Federation to return the planes which were in leasing, writes newspaper "The Daily Telegraph". The second-large leasing company wrote off the cost of ten planes after the decision Russian Federation to register the rights for foreign planes which are in leasing at the domestic companies. insurance claim intends to give Avolon Holdings Ltd and will try to return assets, follows from the statement of companies. The chief executive officer Domnal Sletteri thus noted that Avolon Holdings Ltd are recognized "by full depreciation this quarter, completely leaving the financial...