Global Trade Alert
Global Trade Alert

Russia: Pobeda Airlines secures a subsidy of over RUB 980 million to mitigate the effects of sanctions

Announcement

03 Jun 2022

In June 2022, Pobeda Airlines secured subsidies from the Russian government for losses suffered because of reimbursements for the flights cancelled due to sanctions.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Jun 2022

Revocation date:

No revocation date

Updated: 03 Jun 2022
Financial grant In force
On 3 June 2022, the government of Russia announced a RUB 940.8 million (USD 15.49 million) financial grant to Pobeda Airlines. The funding was allocated by The Federal Agency for Air Transport (Rosavi...
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