Higher oil costs are set to lead to a 10% gain in airfares, according to the boss of one of the world’s largest airlines.
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Russia continues bombing Ukrainian sites on the 14th day of the war as Western countries pile pressure on Moscow and tens of thousands leave hamlets and cities to escape death and food shortages.
Manufacturers, lessors, insurers, and maintenance is given to Russian carriers like Aeroflot (AFLT.MM), S7 Airlines, and AirBridge Cargo are among those outside Russia that are hit instantly by sanctions.
In 2019, Hong Kong International Airport handled 71.5 million passengers and 419,730 flight activities. HKIA was a bona fide global aviation hub and, for many passengers, their jumping-off point into Asia.
S7 Airlines, Russia ‘s second-largest airline, has declared that all international flights will be cancelled as of March 5, 2022.
International Air Transport Association (IATA) estimates that it will take another two years for air passenger counts to fully recover.
I am declaring that we will join our allies in closing off American airspace to all Russian flights, Joe Biden told in his State of the Union talk.
Elon Musk has disputed a threat from Russia to drop the International Space Station from orbit, saying SpaceX will step in before that ensues.
National airports operator AAI will provide air traffic services at the upcoming Noida International Airport at Jewar in Greater Noida.…
Covid-19 has tested the mettle of all aircraft lessors and it will be some period before rescue emerges, mainly in the Asia-Pacific region, where pandemic-related closures have often been political in nature.