US blocks Russian aircraft
The US Department of Transportation and its Federal Aviation Administration are issuing orders blocking Russian aircraft and airlines from entering and using all domestic U.S. airspace.
“The United States stands with our allies and partners across the world in responding to Putin’s unprovoked aggression against the people of Ukraine,” said Pete Buttigieg, US Transportation Secretary.
The Notice to Air Missions (NOTAM) and regulatory orders will suspend operations of all aircraft owned, certified, operated, registered, chartered, leased, or controlled by, for, or for the benefit of, a person who is a citizen of Russia. This includes passenger and cargo flights, and scheduled as well as charter flights, effectively closing U.S. air space to all Russian commercial air carriers and other Russian civil aircraft.
This follows similar bans by the European Union and UK.
You can see more on the implications of the war in the Ukraine on the Corporate Jet Investor Town Hall.