Russia Wants To Buy Boeing Planes With Frozen Assets As Part Of Ceasefire

Could a purchase of Boeing aircraft somehow be part of a ceasefire deal between Russia and Ukraine? That’s what the Russian government seems to be suggesting, which really shows you how rough the country’s aviation sector has become.

Russia wants to go on a Boeing shopping spree

Bloomberg reports that the Russian government has approached the United States to request permission to purchase Boeing aircraft, as part of a ceasefire with Ukraine. This is intended to be part of a broader sanctions relief package that could come as part of any deal.

Here’s the other interesting angle to this — Russia has had around $280 billion in assets frozen since the start of the war, and Russia wants to use those assets to buy Boeing aircraft. For what it’s worth, US officials have stated that they’d only consider any concessions after a ceasefire has been reached, but of course I imagine that could evolve.

Several weeks ago, the Russian government asked President Trump to lift the ban on flights between the two countries, in order to start to restore relations. However, nothing has happened on that front either.

I imagine that Russia thinks that agreeing to buy Boeing aircraft could be viewed as a major positive for the United States, given the current mess that Boeing is in due to tariffs, including China banning domestic airlines from taking delivery of Boeing aircraft.

Russia’s aviation sector desperately needs help

Russia’s airline industry is currently a complete mess. Since the start of the war, Russia has been unable to take delivery of new Airbus and Boeing aircraft. Beyond that, many of the country’s existing planes have been seized, since they’re owned by foreign leasing companies.

Actually maintaining existing jets has proven challenging as well, since the country hasn’t had access to authentic parts for most Airbus and Boeing planes.

Despite the sanctions in place against Russia, we’ve seen dozens of planes smuggled into the country through other countries, which is a surprisingly common way for countries with trade restrictions to acquire planes.

It really is surprising that we haven’t seen more accidents in Russian aviation, given the very poor condition of so many aircraft.

Russia has been trying to grow its domestic aircraft manufacturing capabilities, but obviously these programs haven’t proven to be particularly successful, which is why Russia desperately wants aircraft from other countries.

Bottom line

Russia is requesting the right to buy Boeing planes with frozen assets, as part of a ceasefire deal with Ukraine. Meanwhile the United States claims that economic relief will only be discussed after a ceasefire is reached. We’ll see how this plays out, especially since it follows a recent request from Russia to restore air service between the two countries.

Russia seems to be getting increasingly desperate on the aviation front, as the state of the country’s aviation system is a mess.

How do you see this Russia and Boeing situation playing out?