AWG responds to economic sanctions impacting the aviation industry

Aviation Working Group (AWG) has responded to recent sanctions that have imposed restrictions on trade, including good and technology, on the aviation industry. Its response, released in May 2024, comprises of seven principles it recommends to be considered by government policy makers. The aviation industry is still contending with the impact of sanctions imposed against Russia, following its invasion of Ukraine in February 2022, which resulted in several aircraft owned by various parties stuck in the country. “This statement of principles is designed to introduce into government policy discussions and considerations key elements, consistent with sanction-related objectives, which ameliorate adverse