List of Aerospace Companies Cutting Ties with Russia Mounts

CAE, Honeywell, and Raytheon are the latest providers who have joined the growing movement.

Michael Wildes

Friday, March 11, 2022 at 06:22 PM ET

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It is likely much more difficult for Russian airlines like Aeroflot to do business. [File photo: Adobe Stock]

Key Takeaways:

A significant number of global aerospace companies, including major players like Boeing, Airbus, Honeywell, and various logistics providers, have suspended or terminated their business, services, and supplies to Russia and Belarus in response to economic sanctions.
These retractions have a substantial impact on aviation supply chains, affecting everything from aircraft parts, maintenance, and training to ticketing and cargo services.
China has also joined in refusing to supply Russian airlines with aircraft parts, leaving Russia's aviation sector facing potential challenges like "cannibalization" of planes for parts or seeking alternative suppliers from other countries.

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A growing number of aerospace companies with businesses or services in Russia have terminated or suspended business in Russia and Belarus due to economic sanctions imposed on Russia by governments.

While it isn’t immediately clear how those moves will reverberate through the various supply chains, the retractions aren’t insignificant, as many companies depend on Russia for commerce and raw material.