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The AN-124 market – already under threat from the political battle between Russia and Ukraine – has shrunk to just two companies following the arrest in the UK of Polet’s last remaining aircraft.

Last month, a Moscow Arbitration Court prohibited Polet from using its two AN-124s, owing to the carrier’s apparent failure to pay some $9m in leasing fees to businessman Alexander Lebedev’s financing companies.

One aircraft was held shortly after the decision in Zhukosky, near Moscow. And last week the second ...

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  • Kevin Mclean

    March 23, 2014 at 1:23 pm

    I hear the court hearing will be held in Russia on 9th April