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 growing number of global aerospace companies and related service providers are widely suspending or terminating their business, sales, and support in Russia and Belarus due to economic sanctions.
This impacts critical areas such as aircraft parts, maintenance, pilot training, logistics, and ticketing, causing significant disruption to Russia's aviation sector.
China has also ceased supplying aircraft parts to Russia, raising concerns that Russian airlines may be forced to "cannibalize" existing planes or seek alternative, informal supply channels.

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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.

List of Aerospace Companies Cutting Ties with Russia Mounts

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

Key Takeaways:

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