Lessor Dubai Aerospace Enterprise has received a further tranche of funds relating to aircraft over which it lost control following Russia's invasion of Ukraine
European airlines are pulling out capacity or even leaving some routes completely while Chinese carriers are expanding their capacity to Europe substantially.
The agreement between the national carriers Russia and Venezuela will see Aeroflot and Conviasa develop connectivity between Russia, Venezuela and Cuba.
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.