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. They are now on sale, with the asking price for two of them set at $29.95 million each.
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.
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