Russian Business Aviation Near Collapse Written 3 March 2022

Aviation International News reports that Russia’s business aviation industry “is on the verge of collapse due to the EU and U.S. closing their airspace to all aircraft owned by Russians in retaliation for Russia’s invasion of Ukraine.” Industry analysts predict this will “lead to the decline of business aviation traffic in Russia by almost 85 percent and force business jets owned or controlled by Russian interests to switch to Asian and domestic routes.”
Full Story (Aviation International News)