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BELAVIA AIRLINES MIGHT FACE BANKRUPTCY DUE TO THE EU SANCTIONS

... the companies themselves. They will have to lengthen the route and flight time, spending additional fuel. The ICAO meeting is to be held on May 27. What position the international civil aviation organization will take on the issue of sanctions against Belarus, will depend on it. Perhaps, the position of the ICAO will be more cautious than the decision of the European authorities. The airline's securities have already fallen in price on the MICEX. The loss of logistic connections and the loss of the market may lead Belavia to ruin, and damage the economy of Belarus in the amount of 5-7% of GDP. Before the incident with the landing ...

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