Brazilian Embraer to stop deliveries of spare parts and maintenance of aircraft in Russia

The Brazilian aircraft manufacturer Embraer will stop supplying spare parts for its aircraft to Russia, as well as servicing the fleet of Russian companies, CNN Brasil reports with reference to the company’s press service.

According to Embraer, “services for the supply of spare parts, maintenance and technical support for customers subject to sanctions” by Western countries against Russia due to its military operation in Ukraine will be suspended, TASS reports.

On the eve it became known that the European aircraft manufacturing concern Airbus announced the suspension of the engineering site in Russia, as well as the suspension of support services for Russian airlines. In addition, the company will suspend the supply of spare parts to the Russian Federation.

In turn, the American aircraft manufacturer Boeing is temporarily halting maintenance and support of Russian airlines and the supply of spare parts to them.

Later, the Federal Air Transport Agency (Rosaviatsiya) asked the Russian airlines to provide it with information about the lessor companies, and also asked for information from lessors on the recall of aircraft.

Recall that on February 21, 2022, Russian President Vladimir Putin signed decrees recognizing the independence of the self-proclaimed Donetsk and Luhansk People’s Republics (DPR and LPR), and on February 24 he made an emergency appeal to the Russians and announced a special military operation in Donbass. In his speech, he stated that “circumstances require decisive action from Russia” and stressed that “Russia will not allow Ukraine to have nuclear weapons.”

In response to Russia’s actions, Western countries (USA, Canada, European Union, Great Britain, Japan) announced new, tougher sanctions against the Russian Federation, including financial and economic ones.

In particular, Russian banks fell under the sanctions, including Sberbank, VTB, Novikombank, FC Otkritie and Sovcombank, and for a number of state-owned companies it was difficult to attract foreign capital.

Later, the EU countries and the United States agreed to disconnect Russian banks that fell under sanctions from the international system of interbank transactions and information exchange SWIFT. In addition, it was decided to freeze the assets of the Bank of Russia, which will create difficulties for its use of international reserves. EU countries also pledged to take steps to limit the sale of citizenship — the so-called “golden passports” that allow wealthy Russians connected to the Russian government to become citizens of EU states and gain access to their financial systems.

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