Russian Aviation Faces Tsunami of Bankruptcies
Different Russian government agencies reportedly are unable to agree on the terms of providing airlines with the subsidies they rely on.
Russian Aviation Crisis: 30 Airline Companies Face Bankruptcy Amid Mounting Debts and Sanctions
In a troubling turn for Russian aviation industry, nearly 30 airlines responsible for more than a quarter of the nation’s domestic passenger traffic are on the brink of bankruptcy. Many of these airlines are smaller companies with limited resources,
Nearly 30 Russian airlines may go bankrupt in 2025, media reports
About thirty Russian airlines, accounting for 26% of domestic passenger traffic, may go bankrupt in 2025, Russia's Izvestia newspaper reported on Nov. 13. Since the full-scale invasion has begun, most Russian airlines came under Western sanctions.
Thirty Russian airlines may go bankrupt in 2025
Thirty Russian airlines, which provide more than a quarter (26%) of domestic passenger traffic, may go bankrupt in 2025 Source: Izvestia Details: A sharp deterioration in the financial situation and the withdrawal of operator's certificates threaten air carriers with bankruptcy due to accumulated debts for leasing foreign aircraft.
Thirty Russian Airlines Face Potential Bankruptcy
More than 30 Russian airlines, which provide over a quarter (26%) of domestic flights, face bankruptcy in 2025, sources told Izvestia. These airlines are struggling financially and risk losing their operating licenses due to unpaid debts on leased foreign aircraft.
Citigroup facing US probe over ties to sanctioned Russian billionaire, Bloomberg reports
Citigroup is being probed by U.S. government agencies over its ties to sanctioned Russian billionaire Suleiman Abusaidovich ...
Ukrainian mother and three children killed in a Russian strike on Zelensky’s hometown
The attack on Monday was the latest in a string of nearly weekly strikes against residential buildings in Kryvyi Rih, many of ...
Man on Trial for Allegedly Sending Video of Russian Equipment to Ukraine
Nikita Zhuravel has been accused of high treason after giving Ukraine intel about Russia's military equipment and warplanes.
Reuters5h
Exclusive: Russian Railways expects interest costs to hit $7 bln in 2025
Russian Railways expects 2025 interest payment jump -document Company envisages $7 bln in interest costs next year High ...
Russian Woman Jailed for 8 Years for Demanding Putin's Death Over Ukraine War
LONDON (Reuters) - A military court in Moscow sentenced a 43-year-old woman to eight years in a penal colony on Thursday for ...
The Economist7h
In “Anora”, strippers and Russian heavies are not what you expect
The sex worker is a longer-standing fixture of cinema and appears in several guises. She (and occasionally he) might emerge ...
Wounded Russian troops had their medical payouts cut back in one swift move from the Kremlin
Russian troops wounded in Ukraine were to each be given about $30,000. But that's now been reduced to $10,000 for less severe ...
Russian TV Hosts Fawn Over Donald Trump's Cabinet Picks: 'Totally Wonderful'
Donald Trump has received praise for his cabinet picks announced on Wednesday from TV hosts in Russia during a live broadcast ...
Who is Trump intelligence pick Tulsi Gabbard, accused of repeating Russian talking points?
Tulsi Gabbard - a former Democrat congresswoman who joined the Republican Party to back Donald Trump - is the president-elect ...
Ukrainian soldiers focus on keeping Russian advances at bay and brace for storm to come from US
Ukrainian soldiers on the front know that the reelection of Donald Trump will change their lives, but most say that they ...
Germany banned Russian gas from its ports, the latest move to isolate Putin's energy industry: report
Deutsche Energy Terminal has been sent a letter by the German economy ministry telling it to reject Russian LNG, according to ...
Famed Russian chef, a Putin critic who owned a restaurant in London, found dead in Belgrade
After Russia's invasion of Ukraine, Alexei Zimin posted anti-war messages and stopped his cooking show on a pro-Kremlin ...