Will Russia nationalize the leased airliners that Russian airlines operate? A legal quagmire is developing for western aircraft leasing companies. From Reuters: https://www.reuters.com/markets/europe/lessors-face-legal-quagmire-russian-plane-repos-stall-2022-03-09/ Lessors face legal quagmire as Russian plane repos stall https://t.co/wkjqkbFI6l — ReutersAerospaceNews (@ReutersAero) March 9, 2022
From Financial Times: https://www.ft.com/content/9a24a4b3-a3fa-4a37-b783-cbe393461473 How Russia’s airline industry was pushed to the brink in a week https://t.co/JKWypxbRsI — Financial Times (@FinancialTimes) March 6, 2022
Aeroflot Russian Airlines is afraid its leased aircraft will be seized overseas. The flag carrier of Russia has announced it will halt all international flights except to Belarus starting on March 8. Read more from the AP: BREAKING: Aeroflot, Russia’s flagship carrier, has announced that it will halt all international flights except to Belarus starting […]
The Russian ruble has nose dived in value. It is basically worthless against the U.S. dollar. The value of the ruble has plummeted to less than 1 U.S. cent. More from The Washington Post: https://www.washingtonpost.com/business/2022/03/03/russia-ruble-putin-sanctions/
No reservations … No airline. Sabre Corporation, a leading software and technology company in the travel industry, today announced that it has terminated its distribution agreement with Aeroflot, the largest government-majority owned carrier in Russia. Sabre is taking immediate steps to remove Aeroflot flight content from its global distribution system (GDS), a marketplace used by […]
Airspace bans against Russian airlines are working. However some Russian tourists may have trouble getting home. Some may be stranded for a while. Certainly this pales to what Ukrainian citizens are facing. Their lives and homes are at stake due to Russian aggression against Ukraine. Many have been forced to flee the country. According to […]
Aeroflot Russian Airlines announced today it is suspending all flights to the United States, Mexico, Cuba and the Dominican Republic due to Canadian airspace restrictions. Aeroflot is going to have a lot of aircraft on the ground. Announcement on social media: Due to the closure of Canadian airspace, Aeroflot’s transatlantic flights from February 28 to […]
Aeroflot Russian Airlines has made this announcement: Due to the closure of airspace of a number of European countries Aeroflot cancels flights and suspends flights to the following destinations: Ljubljana (Slovenia) – until March 26 Sofia (Bulgaria) – until May 24 Bucharest (Romania) – until March 26 Riga (Latvia) – until March 26 Prague (Czech Republic) – until […]
Aeroflot Russian Airlines and other Russian airlines are going to find it very difficult to fly to western Europe. They are rightly being isolated. The new number of European countries banning Russian aircraft has grown overnight. Countries that have either closed or announced they are closing their airspace to Russian aircraft: Austria Belgium Bulgaria Canada […]
Delta Air Lines has suspended its codeshare agreement with Aeroflot. Aeroflot and other other Russian businesses are being isolated due to Russia’s unprovoked invasion of Ukraine. “We have removed our code from Aeroflot-operated services beyond Moscow’s Sheremetyevo Airport and removed Aeroflot’s code from Delta-operated services from Los Angeles and New York-JFK,”
From OAG: The Impact on Aeroflot “Aeroflot were supposed to operate some 5,500 flights to markets in Europe… with Turkey the main country destination. Based on the current situation, Turkish Airlines have cancelled all flights to Russia until February 27, and we can expect that to be extended into March.” “For Aeroflot the closure of […]
