European Union Adopts 16th Package of Sanctions Against Russia, Further Impacting the Aviation Industry

The European Union has expanded sanctions against Russia in connection with Russia's ongoing aggression against Ukraine.

Ukraine updates: European Union extends Russian sanctions

The European Union member states agreed to extend sanctions against more than 2,400 individuals and entities over Russia's war on Ukraine. Follow DW for more.

European Union Adopts 16th Package of Sanctions Against Russia, Further Impacting the Aviation Industry

EU’s 16th Russia sanctions package introduces new flight bans and transaction prohibitions targeting aviation, ports, and financial services. Learn about the latest

Lufthansa and European airlines face challenges: they must avoid Russian airspace. According to Lufthansa Group CEO Carsten Spohr, this affects Asia's business. Now he hopes for an early peace agreement.

Navigating the evolving landscape of sanctions and compliance

In recent years, the international community has intensified sanctions against Russia and Belarus, with the European Union, UK, US, and other G7 countries expanding multilateral sanctions. According to Moody’s, this includes not only listing individuals but also employing broader strategies like sanctioning vessels and aircraft, signalling a robust commitment to thwarting sanctions evasion and punishing non-compliance. Since 2022, the scope of f…

In the Russian Federation, a critical chromium alloy plant is being closed due to the 16th EU sanctions package.