The UK Government announced on May 19 that it is introducing new sanctions against the Russian airline sector, Report informs, citing GOV.UK.
State-owned Aeroflot, Russia's largest airline, Ural Airlines, and Rossiya Airlines will now be unable to sell their unused, lucrative landing slots at UK airports – preventing Russia from cashing in on an estimated £50 million.
Today's announcement is the latest round of UK sanctions to ensure that Russia cannot benefit from the UK's world-class aviation and transport industries – having previously banned Russia from the UK's airspace and waters and banned the export of aviation goods and technology.