On May 19, UK GVT announced restrictions on major Russian airlines.
UK GVT announced it is introducing new sanctions against the Russian airline sector.
Landing Slots
State-owned Aeroflot, Russia’s largest airline, Ural Airlines, and Rossiya Airlines will be unable to sell unused, lucrative landing slots at UK airports, worth around £50mn.
Follows ban on Russian aircraft from entering airspace in Mar. 2022, see #131329.
New sanctions ensure airlines can’t cash in their lucrative landing slots at UK airports.
Also announced removal of erroneous information in following entries on non-HTML / PDF versions of consolidated list: Garantex Europe OU (15329); Kamaz (15332).
Under this licence, UK persons may purchase tickets from PJSC Aeroflot, JSC Rossiya Airlines, JSC Ural Airlines, Russian Railways (collectively known as DP) or subsidiary for flights or rail journeys originating in or within Russia, until expiry on May 23, 2023.
A UK person, relevant institution (defined in the license) or DP may carry out activity reasonably necessary to effect the purchase of tickets for flights or rail journeys.
License amended so UK persons may purchase tickets from South Caucasus Railway CJSC for passenger rail journeys between Armenia and Georgia, within either country.
The expiry date of the license was also amended, it now expires on May 23, 2024.
Paragraph 4.1 amended and new paragraph 4.2 inserted which states that a UK person may purchase tickets from South Caucasus Railway CJSC for passenger rail journeys between Armenia and Georgia and within either of those two countries.
The license takes effect from May 23, 2022 and expires on May 23, 2024.
Dec. 2023 Amendment
On Dec. 15, 2023, UK OFSI amended general license INT/2022/1839676 to permit activity that would otherwise breach the prohibitions in reg 17A of Russia regs.