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Dozens of Russian jets seized abroad

Arrests were made in line with international sanctions over the Ukraine attack, and some 800 planes are now registered inside Russia Russia’s Minister of Transport Vitaly Savelyev announced, on Tuesday, that the country has lost 78 jets to Western sanctions, over the conflict in Ukraine. He also reported that nearly 800 planes out of its 1,300-strong air fleet…

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Oil risks further surge in price after pipeline damage, experts warn

Storm-caused damage to the equipment has forced the Caspian Pipeline Consortium to partially cease operations The Caspian Pipeline Consortium (CPC) – one of the world’s key pipelines – was forced to suspend the operation of one of the remote mooring devices at its Marine Terminal near Novorossiysk due to “critical” storm-caused damage to the equipment.…

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Russian-built passenger jet won’t get foreign parts – Trade Ministry

Foreign manufacturers have refused to supply components for Russia’s domestically-built MC-21 aircraft, Russian Industry and Trade Minister Denis Manturov said. According to the minister, the nation’s state-run United Aircraft Corporation (UAC) will put into operation two MC-21 aircraft instead of the previously planned four. The delivery of the jets is planned for 2024.

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