Exclusive: Sanctioned Russian tycoon hands back his private jets

By Rinat Sagdiev and Polina Ivanova MOSCOW (Reuters) - Russian tycoon Oleg Deripaska has handed back three private jets he was leasing because U.S. sanctions imposed on him last month make it impossible to keep using the planes, the firm retained by the owners to sell the aircraft said on Thursday. The aircraft are Gulfstream executive jets, favored by jet-setting business people for their long range and plush interiors. The return of the aircraft is an indication of how deeply the sanctions have affected Deripaska's business empire, extending beyond the direct impact on his Rusal aluminum firm, whose sales and supply chains have been heavily disrupted.

from Yahoo News - Latest News & Headlines https://ift.tt/2G3J3xL
May 11, 2018 at 02:31PM