Explainer: How sanctions against Russia are battering the global aviation industry

  • 📰 Reuters
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Airfares set to rise amid surging costs for oil, with Qantas warning of higher prices ahead, due to sanctions on Russia

The European Union has given leasing companies until March 28 to wind up current rental contracts in Russia.

Russia's state aviation authority recommended that airlines with foreign-leased planes stop flying them abroad. Russian airlines have also been cut off from the insurance and reinsurance markets in the European Union and Britain.

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:

 /  🏆 2. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines