Air Lease Corp said on Tuesday it has 21 jets remaining in sanctions-hit Russia, two weeks after a Western deadline for global leasing firms to sever ties with the country's airlines.
All of the company's aircraft leases to Russian airline customers were terminated last month, it said.
In March, Air Lease said a new Russian law allowing Moscow to "confiscate" planes might help it claim insurance. The new law allows Russian airlines to place airplanes leased from foreign companies on the country's aircraft register.
