AIRLINK 193.85 Increased By ▲ 0.35 (0.18%)
BOP 9.93 Increased By ▲ 0.29 (3.01%)
CNERGY 7.61 Increased By ▲ 0.08 (1.06%)
FCCL 37.60 Decreased By ▼ -0.10 (-0.27%)
FFL 15.64 Increased By ▲ 0.04 (0.26%)
FLYNG 25.64 Increased By ▲ 0.05 (0.2%)
HUBC 129.50 Increased By ▲ 2.43 (1.91%)
HUMNL 13.57 Increased By ▲ 0.07 (0.52%)
KEL 4.65 Increased By ▲ 0.07 (1.53%)
KOSM 6.28 Increased By ▲ 0.18 (2.95%)
MLCF 44.00 Increased By ▲ 0.04 (0.09%)
OGDC 205.25 Increased By ▲ 2.01 (0.99%)
PACE 6.48 Increased By ▲ 0.08 (1.25%)
PAEL 40.84 Decreased By ▼ -0.14 (-0.34%)
PIAHCLA 17.35 Decreased By ▼ -0.14 (-0.8%)
PIBTL 8.06 Increased By ▲ 0.40 (5.22%)
POWER 9.15 Increased By ▲ 0.07 (0.77%)
PPL 175.80 Increased By ▲ 1.55 (0.89%)
PRL 38.17 Increased By ▲ 0.10 (0.26%)
PTC 24.45 Increased By ▲ 0.38 (1.58%)
SEARL 107.35 Increased By ▲ 0.11 (0.1%)
SILK 0.99 Increased By ▲ 0.02 (2.06%)
SSGC 36.85 Increased By ▲ 0.45 (1.24%)
SYM 19.50 Increased By ▲ 0.46 (2.42%)
TELE 8.47 Increased By ▲ 0.23 (2.79%)
TPLP 12.42 Increased By ▲ 0.64 (5.43%)
TRG 66.00 Increased By ▲ 1.12 (1.73%)
WAVESAPP 12.59 Increased By ▲ 0.96 (8.25%)
WTL 1.69 Increased By ▲ 0.01 (0.6%)
YOUW 3.93 Increased By ▲ 0.08 (2.08%)
BR100 11,842 Increased By 74.1 (0.63%)
BR30 35,335 Increased By 371.2 (1.06%)
KSE100 112,275 Increased By 788.1 (0.71%)
KSE30 35,186 Increased By 251.5 (0.72%)

LONDON: The UK government said on Thursday it is slapping further sanctions on Russia’s main airlines by barring them from selling landing slots they are already banned from using.

“State-owned Aeroflot, Russia’s largest airline, Ural Airlines and Rossiya Airlines will now be unable to sell their unused, lucrative landing slots at UK airports,” the foreign ministry said in a statement.

The move will prevent Russia “from cashing in on an estimated £50 million (59 million euros, $62 million)”, it added.

The UK has already banned Russian aircraft and vessels, and sanctioned more than 1,000 Russian individuals and 100 entities, since President Vladimir Putin ordered the invasion of Ukraine in late February.

Pound falls as UK inflation hits 40-year high

“As long as Putin continues his barbarous assault on Ukraine, we will continue to target the Russian economy,” Foreign Secretary Liz Truss said.

International sanctions against Moscow over its invasion of Ukraine mean that Russia is “heading for the deepest recession since the collapse of the Soviet Union”, the statement said.

Comments

Comments are closed.