Isle of Man authorities deregister private planes linked to Russia | Russia
At least 18 Russian-linked private jets or helicopters have been removed from the Isle of Man aircraft register as offshore authorities enforce EU and UK sanctions.
Three planes were retired last week, including a helicopter and private jets believed to ultimately belong to Roman Abramovich, Oleg Tinkov – an oligarch not subject to direct sanctions – and Dmitry Mazepin.
The cancellations ensure that the plane cannot fly in UK or EU airspace, even if it is not directly owned or registered by people sanctioned for their connections to Russia.
An Isle of Man government spokesman said planes with a connection to Russia were being “given priority consideration”.
He said the Isle of Man Aircraft Registry – favored by the super-rich to avoid tax liability elsewhere – had acted “proactively and vigorously” since the imposition of the sanctions, working with the UK Department transports.
He said the registry, known as Iomar, had a “duty to act appropriately in accordance with these measures, and in these circumstances an aircraft would be deregistered following the required legal and regulatory procedures”.
Iomar has so far deregistered 18 planes and said it was likely more deregistrations could follow in a “rapidly evolving situation”.
Among the latest were an Airbus helicopter that had previously been tracked landing on Chelsea owner Abramovich’s yacht Solaris, and a Gulfstream G650 plane owned by Mazepin.
Mazepin, a billionaire owner of mineral fertilizer company Uralchem, was added to the EU sanctions list last week, along with his son, former F1 driver Nikita Mazepin. Mazepin Sr was described in the sanctions document as “a member of Vladimir Putin’s closest circle”.
A Dassault Falcon business jet linked to Oleg Tinkov, the founder of Russian online bank Tinkoff, was also delisted. Tinkov is not sanctioned, but Forbes estimates his fortune has fallen by more than $5 billion in a month as the ruble has plummeted since the invasion.
Aircraft owned and operated by Russians have been banned from British airspace. Last week, a private plane believed to have links to the country was seized at Farnborough Airport on the orders of Transport Secretary Grant Shapps.