Charter & Fractional
Russian business aviation sector in ‘deep shock’
The Russian business aviation sector is going into a tailspin as the ever-tightening Western sanctions over the war in Ukraine cripple the industry.
Business aviation traffic at Russian airports has declined 50 to 70 percent since Russia’s invasion of Ukraine in late February, while costs of operation have skyrocketed.
Business aviation traffic at Russian airports has declined 50 to 70 percent since Russia’s invasion of Ukraine in late February, while costs of operation have skyrocketed.

The Russian business aviation sector is going into a tailspin as the ever-tightening Western sanctions over the war in Ukraine cripple the industry. At present, three Russian business aviation charter operators have ceased flying, while a third of private jet owners in the country are selling their aircraft at discounted prices to cut their losses.