Britain has frozen the assets of three Russian airways, preventing them from promoting touchdown slots at U.Okay. airports which are price as much as $62 million
LONDON (AP) – Britain on Thursday froze the assets of three Russian airways, preventing them from promoting touchdown slots at U.Okay. airports which are price as much as 50 million kilos ($62 million).
The newest sanctions over Russia’s struggle in Ukraine cease state-owned Aeroflot, Russia’s largest provider, Rossiya Airlines and Ural Airlines from transferring the precious touchdown rights, that are going unused due to an earlier ban on Russian plane flying to the United Kingdom.
Wide-ranging worldwide sanctions meant to stress President Vladimir Putin into withdrawing his troops from Ukraine are already having a major impression on Russia, the U.Okay. Foreign Office stated. Russian oil exports, a key supply of revenue for Putin’s authorities, had been down 30% in April, and the nation’s financial system is forecast to shrink as a lot as 15% this yr.
“As long as Putin continues his barbarous assault on Ukraine, we will continue to target the Russian economy,” Foreign Secretary Liz Truss stated in a press release. “We’ve already closed our airspace to Russian airlines. Today, we’re making sure they can’t cash in their lucrative landing slots at our airports.”