Beijing Tianjiao Aviation Industry Investment Co (also known as Skyrizon) will have an even more difficult time retrieving funds from Ukraine after its botched acquisition of Ukraine-based aircraft engine manufacturer Motor Sich, the parent company of passenger charter specialist Motor Sich Airlines (M9, Zaporizhzhia), as the war-torn country has opted to suspend all foreign debt repayments until October.
In a decree signed by President Volodymyr Zelensky, Ukraine suspended all foreign debt payments until…
Source: ch aviation
Read more: Chinese Motor Sich investor waits as Ukraine halts payments