TT Club warns forwarders and transport firms of increased risks of operating in Russia
Transport firms operating in Russia have been warned to carry out thorough risk reviews and ...
© Khunaspix Dreamstime.
By Alex Lennane
An interesting article in the Washington Post looking at the repercussions for airlines if Russia was to ban them from its airspace, as it has started to threaten to do. The worst affected would be Lufthansa, followed by AF-KLM and BA. But would it bankrupt them, as suggested by Russian prime minister Dmitry Medvedev? Unlikely – and in fact, the loss to Russian airlines, which enjoy overflight fees would also be significant.
Comment on this article