76 Russian passenger planes seized due to Western sanctions on aviation industry
Read NV on Google
Russia has lost 76 passenger planes because of Western sanctions imposed on its aviation industry after its full-scale aggressive war on Ukraine, propaganda outlet Kommersant reported, citing Russian Transport Minister Vitaliy Saveliev, who is himself under U.S. sanctions.
"The decision to seize the planes took us by surprise. We have lost a total of 76 passenger planes."
The United States and the European Union banned the supply of aircraft and components to Russia, and also obliged lessors to return leased aircraft, which make up as much as 40% of the Russian fleet, Bloomberg wrote earlier. A number of Russian aircraft have been seized.
Russia's largest leasing company, GTLK, abandoned on Nov. 16 its summer plans to raise lease rates by 30% for 37 aircraft owned by its subsidiary, GTLK Europe. Most are reportedly operated by Aeroflot and Rossiya, as well as S7, Aurora, and Yamal airlines. The Russian Transport Ministry had to intervene to reach the "compromise".
The European Union has proposed a ban on the export of machine tools and machine parts used by Russia to manufacture weapons for its war against Ukraine as part of its 12th package of sanctions against Russia, Bloomberg reported on Nov. 15, citing an EU document.
Previous reports suggested that the 12th round of sanctions could impact $5.3 billion worth of EU trade with Russia.
The EU also proposes to:
— Prohibit Russians from holding positions in European companies that provide wallets, accounts, and custodial services for crypto assets
— Prohibit the granting of licenses for enterprise management software and software for industrial design and manufacturing
— Require firms in Europe owned or controlled by Russians or Russian organizations to obtain permission to transfer funds from the EU
— Require exporters to include clauses in their contracts prohibiting the re-export of certain goods from Russia.
Despite the sanctions, Russian trading companies still can purchase firearms and ammunition from Europe and the United States, media reports suggested on Nov. 7.
The military war may be swinging in our favor, but the information war continues.
Just as an army needs soldiers, so does a free society need its journalists to ensure that people have access to honest, trustworthy voices to understand the world around them.
For the past five years, The New Voice of Ukraine has been working tirelessly to push back against Russian narratives and defend democracy. But we cannot do it alone.
Please consider supporting us on Patreon for just $5 a month – your donation does directly to supporting journalists and ensuring that this front of the infowar says solid and defended.
Thank you.
Follow us on Twitter, Facebook and Google News
