TCOM - Supply chain on watch as U.S. imposes airspace ban on Russia

Following in the footsteps of the EU and Canada, President Biden has announced a ban on Russian aircraft and airlines entering American airspace due to the Moscow's invasion of Ukraine. According to Western military officials, the war is now crossing into a new phase, with Russia turning to heavy artillery and the indiscriminate shelling of civilian neighborhoods. The more destructive stage even prompted Ukraine to sell $270M worth of war bonds overnight, ahead of a planned siege on the capital of Kyiv. Quote: "We will join our allies in closing off American air space to all Russian flights, further isolating Russia, and adding an additional squeeze on their economy," Biden said in his first State of the Union address. The ban, which will take effect by the end of today, will prohibit any plane owned, certified, operated, registered, chartered, leased, or controlled by, for, or for the benefit of a

For further details see:

Supply chain on watch as U.S. imposes airspace ban on Russia