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US bans Russian flights from its airspace

Date: 03 March 2022 Tags: Miscellaneous
  • President Joe Biden announced that the U.S. is banning Russian flights from its airspace in retaliation for the invasion of Ukraine.
  • The ban would come on top of a wide range of sanctions the U.S., Europe and other nations have imposed on Russia that have caused the value of its currency.
  • The U.S. ban raises the possibility that Russia could respond by prohibiting U.S. flights over its territory, which would make for longer and more costly flights, especially for cargo carriers.