Boeing Co. (NYSE: BA) said Wednesday that it has suspended major operations in Moscow and curtailed certain other activities in response to Russia’s invasion and continued advances in Ukraine.
In a statement, the company said, “We have suspended major operations in Moscow and temporarily closed our office in Kyiv. We are also suspending parts, maintenance, and technical support services for Russian airlines. As the conflict continues, our teams are focused on ensuring the safety of our teammates in the region.”
Rival OEM Airbus SE (US OTC: EADSY) has taken a similar tack, cutting support services to customers in Russia in response to European Union sanctions. The company also said it stopped supplying spare parts to Russian airlines operating its aircraft.
“We’re complying with all sanctions and regulations in place and of course this impacts aircraft, spares and operations,” the company said.
The latest moves by Boeing and Airbus, in addition to growing airspace restrictions across Europe, are likely to further curtail Russia’s transport system.
