Ural Airlines and S7 agree deal with foreign lessors for 63 ‘stolen’ aircraft
Ural Airlines and S7 Airlines have reached a settlement over 63 foreign-owned aircraft that were left stuck in…
Russia, encompassing a significant portion of both Europe and Asia, maintains a substantial presence in the aviation industry. It boasts a large domestic market and a history of aircraft manufacturing, exemplified by companies like Tupolev, Ilyushin, and Sukhoi. The nation plays a crucial role in global aerospace manufacturing, particularly in the realm of military aircraft and helicopters. Russia used to serve as a vital link between Europe and Asia, accommodating numerous international air routes. Aviation industry heavily affected after war in Ukraine.