* Item includes READERS LETTERS

23 MAY 2022


Readers are invited to add their comments to any story. Click on the article to see and add.


BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.


Email this Page

The Business Travel News
PO Box 758
Edgware HA8 4QF
United Kingdom
+44 (0)20 8952 8383
© 2022 Business Travel News Ltd.

Article from BTNews 23 MAY 2022

Russian sanctions

The British government has put out a statement emphasising the steps being taken in the aviation and transport industries backing up the slots at Heathrow issues highlighted in this week's BTN.

In the announcement Whitehall notes it has previously stopped Russia from using the UK’s airspace and waters and banned the export of aviation goods and technology.

These sanctions mean that several Russian weapons manufacturers having to suspend their activity due to a lack of parts and defence industry capabilities are further restricted, limiting Russia’s ability to replace advanced tech, including drones.

According to the British government Russia’s domestic vehicle sales have dropped by 80% partly due to a lack of components – which is also reducing their ability to produce military vehicles.

Russia’s vital exports of energy are also shrinking – with crude oil exports down 30% in April and expected to fall further as sanctions bite.

Hard hitting economic sanctions are also having a long-term impact on Russia’s economy. Forecasts show Russia’s GDP shrinking by between 8.5% and 15% this year, with the International Monetary Fund (IMF) expecting the economy to shrink a further 2.3% in 2023.


Index/Home page

OUR READERS' FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum

No one has commented yet, why don't you start the ball rolling?

Add your comment

First Name
Email Address
Company (Not obligatory)
- You must be a registered subscriber using the email address entered to submit a comment, or you will be sent a confirmation email before your comment will appear.
- Your comment will be checked before appearing, which may take several working hours.