Russian airlines reeling from war in Ukraine

by time news

ANALYSIS – Canceled international flights, atrophied domestic market… Aeroflot and its challengers, who had already suffered with the Covid crisis, are taking another terrible blow.

At Moscow International Airport, it feels like we are back at the height of the health crisis. Since March 15, two out of five terminals (D and E) have been closed. Just like one of the three take-off and landing strips. This time, it is not the Covid which nails the planes to the ground but the invasion of Ukraine. More specifically, the chain of sanctions on both sides resulting from this war. American and European companies are no longer allowed to fly over or land in Russia. Russian carriers can no longer, in return, fly to the European Union or the United States and use their airspace.

It is for the Russian actors that the blow is the hardest. The national company Aeroflot, which has a market share bordering on 50%, S7, Azur Air… The biggest operators have given up international flights for more than a month. “Aeroflot informs of a temporary suspension of its international flights from March 8 due to…

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