Ukraine International Airlines, the flag carrier of Ukraine, has entered bankruptcy proceedings after being sued by Ukreximbank, a Ukrainian state-owned bank. The move comes about a month after the airline began selling off assets below market value to pay off its debts, which total $568 million. The airline paused commercial passenger operations after Russia invaded […]
The current war in Eastern Europe, following the Russian invasion of Ukraine, is the focus of worldwide attention as it is the cause of numerous sanctions against Russia by Western NATO countries. These sanctions include a ban on overflying European airspace, suspension of logistical support to Russian carriers by Airbus and Boeing, and an obligation […]
The rapid evolution of the conflict between Russia and Ukraine has seen wide implications for commercial aviation, from the complete closure of airspace above Ukraine and Moldova to the strict limits imposed on Russian-registered aircraft by Western countries and the similar retaliatory measure put in place by Russia. However, one area that is going to […]
The situation on the border between Ukraine and Russia has always been very tense. To better comprehend the reasons for this war, it is necessary to understand the events of recent years. The first problems in Ukraine began with the series of violent demonstrations called “Euromaidan” on the night of Nov. 21-22, 2013, in the […]
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