As the ongoing tension between Ukraine and Russia continues to persist, its effect beyond the borders of both countries will continue to take a toll on a global scale.

The continued tensions have massively affected the civil aerospace industry. The aerospace industry, still recovering from the Covid-19 pandemic, is set to take another major hit this time around, as countries worldwide move to ban Russian planes from their airspace as a countermeasure to Russia’s invasion.

Ukraine Invasion

These air sanctions will undoubtedly affect Russia and other countries at large. It would significantly compound the effect of the Covid-19 crisis, which countries are just starting to recover from.

This is because Russia, more than most countries, is a major geopolitical player in the global economy. Whatever sanctions are meted out would have a ripple effect on other world economies. The United States, in alliance with nations such as the UK, Canada, and the European Union, just recently announced their decision to close their airspace’s to all Russian flights.

On the other hand, Russia has, in a retaliatory measure, closed its aerospace to airlines from 36 countries, including all countries from the European Union.

Therefore, the Russian invasion of Ukraine served another blow to the global aviation industry, more so considering it was just beginning to recover from the travel restrictions. As a result of Russia’s interconnections with global aerospace, the resulting fallout leaves the aerospace industry vulnerable to disrupted airspace activities and international travelers. The Russian airspace is central to connecting Europe to Asia.

Ukraine Invasion

In alliance with its competitor, Airbus, Boeing also announced that it was suspending parts maintenance and technical support for Russian airlines. This will undoubtedly derail commercial aircraft production and make it difficult for Russian airlines to keep their Boeing and Airbus aircraft in the air.

In addition, the Russian invasion of Ukraine has driven down the stock markets and caused an astronomical rise in global oil prices for the world’s airlines. As much as it is too early to fully estimate the impact of the Russian-Ukraine tension on the aerospace situation, it is apparent that 2022 could potentially be a more challenging year for the future of global aerospace.

More so, in a bid to weaken the Russian military amidst the Ukraine Russian tension, the US just recently announced significant sanctions on Russia’s defense industry. The embargo will compromise Russia’s arms trade, which happens to be a vital source of the nation’s income.

Also, the defense industrial cooperation between Moscow and Kyiv (capitals of both Russia and Ukraine) is now at risk due to the ongoing invasion by the Russian military. A severing of defense industrial ties for Ukraine with Russia as this tension tarries could potentially damage Ukraine’s economy. The Ukraine defense industry, for instance, includes major enterprises crucial to the economic survival of its major cities.

Ukraine Invasion

Finally, the conflict would broadly affect the Ukrainian borders due to possible proliferation risks. The reason is that Ukraine’s defense industry is home to many engineers and scientists with expertise in classified areas. And the breakdown in the Russian-Ukraine defense cooperation could potentially leave them out of work, leaving their knowledge and know-how employable to rogue regimes who could abuse it for economic gains.