Mar 01, 2022, 00:53 am
Russia barred airlines from 36 countries, including all 27 members of the European Union and Canada, from using its airspace in a retaliatory move after sweeping sanctions targeting its aviation sector.
According to Reuters, some of the banned countries had already been identified, while others were named by the aviation authority Rosaviatsia for the first time on Monday following the punitive measures imposed over Russia's invasion of Ukraine.
The flight bans are expected to hurt airlines that fly over the world's biggest country to get from Europe to Asia and they are likely to force them to find new routes.
Rosaviatsia said that flights from those countries could in exceptional circumstances be authorized if they secure special clearance from Russia's aviation authority or foreign ministry.
The closure of European airspace caused airline shares to drop, with shares in European airlines and airport operators undergoing a decline of 3-6 per cent and Finland's largest carrier, Finnair, seeing its shares tumble by 21 per cent.
Without access to Russia's airspace amid the ongoing conflict, European carriers will have to divert flights south while also avoiding areas of tension in the West Asia.
For Finnair that could mean a loss of business as it uses a route across Russian skies from Europe to Asia via its hub in Helsinki.
https://www.presstv.ir/Detail/2022/02/28...on-Ukraine
According to Reuters, some of the banned countries had already been identified, while others were named by the aviation authority Rosaviatsia for the first time on Monday following the punitive measures imposed over Russia's invasion of Ukraine.
The flight bans are expected to hurt airlines that fly over the world's biggest country to get from Europe to Asia and they are likely to force them to find new routes.
Rosaviatsia said that flights from those countries could in exceptional circumstances be authorized if they secure special clearance from Russia's aviation authority or foreign ministry.
The closure of European airspace caused airline shares to drop, with shares in European airlines and airport operators undergoing a decline of 3-6 per cent and Finland's largest carrier, Finnair, seeing its shares tumble by 21 per cent.
Without access to Russia's airspace amid the ongoing conflict, European carriers will have to divert flights south while also avoiding areas of tension in the West Asia.
For Finnair that could mean a loss of business as it uses a route across Russian skies from Europe to Asia via its hub in Helsinki.
https://www.presstv.ir/Detail/2022/02/28...on-Ukraine