According to airline executives, Russia will likely ban the use of routes across the country after the European Union banned flights for Russian airlines following the fighting in Ukraine.
HELSINKI (Reuters) -Airlines on Monday braced for a potentially lengthy dispute after the European Union (EU) banned Russian airlines from its airspace and Moscow responded in kind, barring carriers from 36 countries including all 27 members of the European Union.
The closure of EU airspace to Russian airliners and the prospect of Russia shutting out airlines in response knocked airline shares on Monday including
Airline industry executives said they were expecting Russia to ban their use of routes crossing the country after the European Union on Sunday banned Russian airlines as fighting raged in Ukraine.