Russia economy meltdown as flights slashed and key goal set to take 600 years to deliver
In a desperate bid to bring inflation down, the Central Bank was forced to hike interest rates to 21% late last year, a ...
Russia economy meltdown as airline industry 'unravels' and tax revenues plunge
The aviation sector has been one of the hardest hit by sanctions, introduced following Vladimir Putin's 2022 full scale invasion of Ukraine.
TASS9y
Russia’s S7 air group sets up new airline company in Cyprus
MOSCOW, March 2. /TASS/. Russia’s S7 air group has established a new airline company in Cyprus, Vladislav Filev, a co-owner of S7 told reporters on Wednesday. The name of the new airline is ...
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Russian airlines reduce number of flights over aircraft shortage
Russian airlines are reducing the number of flights due to a growing shortage of aircraft. Source: The Moscow Times Details: ...
TASS3y
Aeroflot, S7 received permits for flights to Germany
Meanwhile the press service of the S7 airline told TASS that the second largest carrier in Russia also received all the necessary permits. "S7 Airlines has received a permit from the German ...
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Russia's Flying Problem Is Getting Worse
Sanctions have forced Russia's biggest private airline to decommission some of its planes, while the country's national carrier has delayed flights because of staffing shortages, it has been reported.