Stop Doing
Business with Russia
Russia initiated aggression against Ukraine in 2014. On February 24, 2022, it started a full-scale military invasion to the Ukrainian territory. This brutal war and military crimes of Russian troops caused a humanitarian crisis in Ukraine with thousands civilians killed and millions becoming refuges. As a reaction to this act of aggression, many international companies decided to leave the Russian market, while some others continue doing business there as usual. We track such decisions of companies and urge them to stop funding the war.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Pausing InvestmentsReducing Activities: company scaling back some business operations while continuing others
Scaling BackPause operations: company temporarily curtailing operations while keeping return options open
SuspensionClean Break: the company completely halting Russian engagements or exiting Russia
WithdrawalExit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exit Completed
Avolon records $182m loss due to Russia writedown. Avolon and BOC Aviation, two of the world's largest aircraft lessors, have fully settled lawsuits in the Irish courts against insurers over jets stranded in Russia following Western sanctions in 2022. Lessors are suing dozens of insurers around the world over losses of at least $8 billion after more than 400 planes were stranded in Russia following the sanctions over Moscow's war in Ukraine that forced the termination of their leases.
Pausing parts, maintenance and technical support services for Russian airlines, and had also suspended major operations in Russia/titanium and aluminium purchases. According to an analysis of recent data from Investigate Europe, spare parts are widely used by Boeing, a subsidiary of Airbus Satair, affiliated with Leonardo, the Italian company Superjet International and over 100 customers in Europe. and the United States, sent to Russia through Indian intermediaries. A huge number of parts from the world's largest aircraft manufacturers, Airbus and Boeing, are falling into the hands of Russians despite sanctions, even as the companies claim to be complying with the sanctions regime.
Suspended all activities with Russian clients.
Suspended services to support Russian airlines and supply Russia with spare parts and components for aircraft.
Commercial Aircraft Corporation of China will continue its program to create wide-body aircraft without Russia. This was confirmed by an official representative. In 2022, after the start of the war in Ukraine and the introduction of Western sanctions against the Russian aviation industry, China decided to abandon all Russian developments in the CR929 and replace them with Western ones.
Suspend supplying parts and services to Russia
Pulls out of providing components for Russian civil aircraft
Suspend all audit and rating analysis
Terminated its operations in Russia. ASG doesn't have any business operations or interests in Russia, nor have any direct or indirect subsidiaries in that country. ASG maintains a zero-tolerance policy towards conducting any business with Russia, Belarus, Iran, North Korea, Syria, Cuba, Afganistan and other sanctioned countries or any related entities and natural persons.
All CUAV products shall not be sold to Ukraine, Russia and other countries where wars are taking place. They urge not to integrate CUAV products into UAVs, directly or indirectly sell to Russia, Ukraine.
No longer flies over Russian territory
Disconnects Russian airlines from the World Tracer system from April 25. PJSC Aeroflot and Pobieda LLC have already been shut down. World Tracer is a global baggage search system. Helped to quickly search for lost luggage of passengers by exchanging data between airports. Used by all IATA airlines. Its members are more than 2,800 airports. Russian airlines and airports are being disconnected from the international domain zone .aero. This decision was made by the Swiss provider of services for civil aviation, SITA, which administers the mentioned domain zone.
UAC United Aircraft Corporation (Zhukovsky) has said it will completely withdraw from SuperJet International, a joint venture it owns together with Italy’s Leonardo that is responsible for marketing SSJ 100/95 regional jets outside Russia. The Russian aerospace and defence corporation would sell its 49% stake in SuperJet International to Mark AB Capital Investments of the United Arab Emirates and exit the program entirely. Emirati investors want to receive a European certificate for the SSJ 100 aircraft for release in the UAE.