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FOR FULL DETAILS ON THIS STORY CHECK OUT THE FULL VIDEO:    • RUSSIA Airlines Disaster as Turkey Refuses...  

RUSSIA is the largest country in the world, in terms of land mass, and is dependent upon air travel. Following the invasion of Ukraine the two biggest aircraft manufacturers, Boeing and Airbus, applied sanctions against Russia which meant that Russia was no longer able to buy planes, parts, technology or maintenance directly. This has caused major problems within Russia as 77% of of all of the aircraft in Russia at the start of the war were made by Boeing and Airbus and the global airline industry is dominated by these two manufacturers. Russia has now become dependent upon overseas Airlines and its biggest partner, TURKISH AIRLINES, has recently been turning away Russian passengers to South America. In addition the Sanctions have forced Russia to scrap old planes for parts and it is now attempting to scale up its own aircraft manufacturing industry. In this video I provide more details of the issues that Russia is facing and discuss the implications for the Russian Economy.

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