Aeroflot and two other Russian airlines have been prevented from selling their UK airport slots worth an estimated £50 million under new government sanctions.
The UK government has introduced sanctions against Russian state-owned Aeroflot, the country’s largest airline, plus Ural Airlines and Rossiya Airlines.
All three will be unable to sell unused landing slots at Heathrow and Gatwick.
Aeroflot has 70 weekly takeoff and landing slots at London Heathrow. That’s enough for 5 daily roundtrips.
Aeroflot is majority owned by the Russian state and provides services for the Russian government. It is also an important source of revenue for the Kremlin. The UK sanctioned its chief executive Mikhail Igorevich Poluboyarinov in March. Aeroflot is also subject to an asset freeze.