News > Russia-Ukraine War: Airlines shift focus to Russia after closure of Ukrainian airspace 

Russia-Ukraine War: Airlines shift focus to Russia after closure of Ukrainian airspace 

India Today | 25/02/2022 09:47 PM | Click to read full article

Japan Airlines cancelled its Thursday evening flight to Moscow, citing potential safety risks, while Britain closed its airspace to Russian airlines, including Aeroflot (AFLT.MM), as the conflict's impact on the industry widened beyond Ukraine to Russia.

As airlines assessed the airspace risks, they have also been hit by a spike in oil prices to more than $105 per barrel for the first time since 2014 as a result of the conflict.