Charter & Fractional
Russian Bizav on Verge of Collapse as Sanctions Bite
Ukraine-war related sanctions has led to the almost complete collapse of the Russian business aviation industry.

The Russian business aviation industry is faced with its deepest crisis yet as sanctions imposed on Russia over the Ukraine war have already led to the almost complete collapse of the sector and bankruptcies of major operators. According to industry analysts, the segment has declined by almost 90 percent since early March, with most remaining activity being domestic-only flights due to bans on Russia-owned/operated aircraft in much of the world.