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 manufacturers, service providers, and logistics firms, have terminated or suspended their business operations, sales, and support services in Russia and Belarus due to economic sanctions.
These retractions are expected to severely impact Russia's aviation sector by disrupting supply chains for parts, maintenance, and training, potentially leading to aircraft cannibalization or a search for unofficial supplies.
Adding to Russia's isolation, China has also ceased supplying aircraft parts to Russian airlines, intensifying the challenges for the country's aerospace industry.

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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.