Airline industry shifts attention to Russia risks after Ukraine closure

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

MONTREAL/SYDNEY - Alaska's Anchorage Airport said airlines have started making inquiries about capacity in case routes overin a sign of the conflict's growing fallout for the global aviation industry

MONTREAL/SYDNEY - Alaska's Anchorage Airport said airlines have started making inquiries about capacity in case routes overin a sign of the conflict's growing fallout for the global aviation industry.

Japan Airlines cancelled its Thursday evening flight to Moscow, citing potential safety risks, while Britain closed its airspace to Russian airlines, including Aeroflot, as the conflict's impact on the industry widened beyond Ukraine to Russia.unleashed the biggest attack on a European stateAirspace in Ukraine, Moldova, parts of Belarus and in southern Russia near the Ukraine border was closed as a result, giving airlines a narrower range of routing options.

OPSGROUP, an aviation industry cooperative that shares information on flight risks, said any aircraft travelling through Russian airspace should have contingency plans in place for closed airspace due to risks or sanctions. The governing council of the International Civil Aviation Organisation , a UN body, will discuss the Ukraine conflict at a meeting on Friday, a spokesperson said.As airlines assessed the airspace risks, they have also been hit by a spike in oil prices to more than US$105 per barrel for the first time since 2014 as a result of the conflict. That raises operating costs at a time when travel demand remains low because of the pandemic.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I highly doubt any sane person wants to visit Russia now.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airline industry shifts attention to Russia risks after Ukraine closureAlaska's Anchorage Airport said airlines have started making inquiries about capacity in case routes over Russia are impacted due to the Ukraine crisis, in a sign of the conflict's growing fallout for the global aviation industry.The airport was a popular refuelling hub for long-haul flights during the Co
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »