Sanctions Threaten Survival of Russia’s Aviation Industry

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Russia’s aviation sector is staring down a dark tunnel after Western governments imposed financial and technology sanctions and closed their airspace to Russian airlines. Strong air travel growth within the country during the pandemic expanded its domestic market by 24% last year versus 2019 levels. But massive downsizing seems inevitable with the loss of leased aircraft and flight bans to North America and Europe. Only state intervention can save the industry from collapse.

Jet Fuel
Wanda Ad #2 (article footer)
ZeroAvia can advance its vision for hydrogen aviation with a funding round led by Airbus, Barclays Sustainable Impact Capital and Saudi Arabia's NEOM.
Fri, Sep 22, 2023
The latest move to shore up the beleaguered pipeline's finances raises another key question developers face in building takeaway capacity out of Appalachia: Is it worth the cost?
Fri, Sep 22, 2023
Lower Russian exports are threatening to shatter the fragile rerouting of global diesel flows that has emerged since EU sanctions.
Tue, Sep 19, 2023