Russian carriers have been barred from almost all of Europe’s airspace as part of sanctions imposed by the European Union following Moscow’s invasion of Ukraine.
Changi Looks To Vietnam While It Applies To Return Rio’s Concession
Credit: NHAC NGUYEN / AFP / Getty Images
The international arm of Changi Airport Group, Changi Airport International (CAI), has signed a strategic partnership agreement worth $1.5 billion with Vietnamese conglomerate Sovico Group and LCC Vietjet Air to enhance aviation services in Vietnam and the region.
AerCap, Finnair Flag Business Impact Of Russian Invasion Of Ukraine
Credit: Thierry Monasse / Getty Images
AerCap is ceasing all leasing activity with Russian carriers and Finnair has withdrawn its first quarter (Q1) financial guidance, cautioning that prolonged Russian airspace restrictions will render most of its Asian network unviable.
AirAsia Forecasts Demand Rebound Will Gain Momentum
Credit: AirAsia
The AirAsia Aviation Group saw an encouraging uptick in travelers in the 2021 fourth quarter (Q4), and the carrier expects this trend to continue in early 2022 as more of its key markets reopen.
The Trinidad and Tobago-based airline released a statement in which it revealed that Caribbean chairman Ronnie Mohammed was part of a delegation led by Keith Rowley, the country’s prime minister, that visited Qatar recently.
International carriers react to airspace closures and AerCap, Finnair flag business impact of Russian invasion of Ukraine and more. Take a look at the daily roundup of air transport news.
Get regular analysis and insights from Aviation Week Network’s award-winning editorial and data teams on technology and business advances impacting the global aviation, aerospace and defense industries.
