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London sanctions major Russian airlines

2022-05-19T10:34:01.528Z

The British government on Thursday announced new sanctions targeting major Russian airlines, including Aeroflot, banning them from...



The British government on Thursday announced new sanctions targeting major Russian airlines, including Aeroflot, banning them from reselling their airport slots, in retaliation for the invasion of Ukraine.

Read alsoRussia's subterfuge to trade with India by circumventing sanctions

Russia's leading airline group Aeroflot, Ural Airlines and Rossiya Airlines will no longer be able to resell their landing slots that they were no longer allowed to use at UK airports, estimated at up to £50 million (59 million euros), he said in a press release.

As long as (Russian President Vladimir) Putin continues his barbaric attack on Ukraine, we will continue to target the Russian economy

,” British Foreign Minister Liz Truss said.

More than a thousand people sanctioned, according to London

The United Kingdom had already closed its airspace to Russian aircraft soon after the invasion of Ukraine on February 24, as well as its ports to Russian ships, and prohibited the export of goods and technology to the Russian aviation sector.

These new sanctions come as the United Kingdom takes over the presidency of the International Transport Forum, an intergovernmental organization of the OECD, where it intends to “

call for a united response for the Russian invasion of Ukraine

”.

Read alsoWestern sanctions threaten Russian oil and gas production

Since the beginning of the Russian invasion in Ukraine, London claims to have sanctioned more than a thousand people and 100 entities, and in particular oligarchs representing more than 117 billion pounds sterling (138 billion euros).

According to London, these international sanctions are driving Russia into “

the deepest recession since the fall of the Soviet Union

”.

Source: lefigaro

All business articles on 2022-05-19

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