Russia’s S7 Airlines suspends plans for low-cost unit
S7 Airlines, Russia’s biggest private airline, has suspended plans to launch a low-cost unit, because it cannot get…
Russia, encompassing a significant portion of both Europe and Asia, maintains a substantial presence in the aviation industry. It boasts a large domestic market and a history of aircraft manufacturing, exemplified by companies like Tupolev, Ilyushin, and Sukhoi. The nation plays a crucial role in global aerospace manufacturing, particularly in the realm of military aircraft and helicopters. Russia used to serve as a vital link between Europe and Asia, accommodating numerous international air routes. Aviation industry heavily affected after war in Ukraine.