Russia pledges massive bailout for its high and dry airlines –
Russian Prime Minister Mikhail Mishustin today announced Russian government’s new plan to help national air carriers to reimburse passengers whose flights were canceled due to sanctions imposed on Russia over its aggression in Ukraine. After Russia’s unprovoked invasion of neighboring Ukraine, the United States, European Union and the United Kingdom closed their airspace to all Russian planes as part of sanctions introduced against the country. Russian in turn closed its airspace to the countries that issued the flight ban on […]
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