aviation risks News

Private Jet Linked to Russian Billionaire Impounded as UK Deepens Aviation Sanctions

Britain said on Wednesday it had impounded a plane connected to a Russian billionaire under new aviation sanctions which give authorities the power to detain any Russian aircraft and to ban exports of aviation or space-related goods to Russia. The …

Britain Unveils New Aviation Sanctions Against Russia

Britain unveiled new aviation sanctions on Wednesday which give the power to detain any Russian aircraft and banning exports of aviation or space-related goods to Russia, saying it had already impounded one plane. The measures to strengthen action against Russian …

EXPLAINER – How Sanctions Against Russia Are Hitting Global Aviation Industry

Russia’s size and close integration into the global aviation industry since the end of the Cold War means sanctions related to its invasion of Ukraine are having outsized consequences relative to earlier freezes on Iran and North Korea. Manufacturers, lessors, …

Global Firms Shut Ukraine Operations, as They Weigh Impact of Sanctions on Russia

Brewer Carlsberg, Japan Tobacco and a Coca-Cola bottler were among firms shutting factories in Ukraine on Thursday following Russia’s invasion, while UPS and FedEx Corp. suspended services in and out of the country. Ukraine closed its airspace as Russian forces …

Global Aviation Industry Assesses Growing Risks of Doing Business With Russia

The fallout to the global aviation industry from Russia’s invasion of Ukraine is spreading beyond the airspace closings over the conflict zone as airlines, lessors and manufacturers face up to growing risks of doing business with Russia. Alaska’s Anchorage Airport, …

Update: Ukraine Closes Airspace to Civilian Flights as Russian Military Action Begins

Ukraine closed its airspace to civilian flights on Thursday after Russia launched a land, sea and air invasion of its neighbor, while Europe’s aviation regulator warned about hazards to flying in bordering regions. Moldova, southwest of Ukraine, also closed its …

Major Travel Booking Systems Vulnerable to Hackers: Researchers

Major travel booking systems lack a proper way to authenticate air travelers, making it easy to hack the short code used on many boarding passes to alter flight details or steal sensitive personal data, security researchers warned on Tuesday. Passenger …

5 Specialty Insurance Coverages Reserved for Municipal Airports

Municipal airports, as well as the authorities and fix-base operators that manage many of their activities, must navigate a wide range of potential liability exposures related to the safety and security of passengers, aircraft, materials and equipment on their premises. …