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Home Russian Invasion of Ukraine

U.K. Government Added Russias Largest Airlines to the Sanctions List

by The FINANCIAL
May 20, 2022
in Russian Invasion of Ukraine, UK local news, Ukraine
0
U.K. Government Added Russias Largest Airlines to the Sanctions List
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U.K. Government Added Russias Largest Airlines to the Sanctions List

  1. JSC ROSSIYA AIRLINES
    Address: 18/4 Pilotov St., Saint Petersburg, Russia, 196210. Other Information: (UK Sanctions List Ref): RUS1445 (UK Statement of Reasons):JSC Rossiya Airlines is one of Russia’s largest airlines and part of Aeroflot Group.

    Company is obtaining a benefit from and supporting the Government of Russia by carrying on business in a sector of strategic significance, the transport sector, and as part of Aeroflot Group, it is also carrying on business as a Government of Russia-affiliated entity.

    (Phone number): +7 (812) 6-333- 999
    (Website): www.rossiya-airlines.com
    (Type of entity):Joint Stock Company
    (Parent company):PJSC Aeroflot
    Listed on: 19/05/2022
    UK Sanctions List Date Designated: 19/05/2022
    Last Updated: 19/05/2022 Group ID: 15396.

  2. JSC URAL AIRLINES
    Address: 4 Sverdlov St, Ekaterinburg, Russia. Other Information: (UK Sanctions List Ref): RUS1446
    (UK Statement of Reasons): JSC Ural Airlines is one of Russia’s largest airlines. It is obtaining a benefit from and supporting the Government of Russia by carrying on business in a sector of strategic significance, namely the transport sector.
    (Phone number): +7 (499) 920 22 52
    (Website): https://www.uralairlines.ru/en/
    (Type of entity): Joint Stock Company
    (Parent company): Ural Wings Listed on: 19/05/2022
    UK Sanctions List Date Designated: 19/05/2022 Last Updated: 19/05/2022 Group ID: 15397.
  3. PJSC AEROFLOT
    Address: 1 Arbat St, Moscow, Russia, 119019.
    Other Information: (UK Sanctions List Ref): RUS1444
    (UK Statement of Reasons): PJSC Aeroflot is the largest airline in Russia. It is obtaining a benefit from and supporting the Government of Russia by carrying on business in a sector of strategic significance, the transport sector, and as it is owned by the Russian state it is also carrying on business as a Government of Russia-affiliated entity.
    (Website):https://www.aeroflot.ru/ru-en
    (Type of entity):Public Joint Stock Company
    (Subsidiaries):(1) Pobeda Airlines Limited Liability Company (2) Rossiya Airlines Joint-Stock Company (3) Sherotel Joint-Stock Company (4) Aeromar Joint-Stock Company (5) Aeroflot Aviation School, Private Professional Educational Organisation (6) Aeroflot – Finance Limited Liability Company (7) A-Technics Limited Liability Company
    (Parent company):Federal Agency for State Property Management
    (Business Reg No):29063984
    Listed on: 19/05/2022 UK Sanctions List Date
    Designated: 19/05/2022 Last Updated: 19/05/2022 Group ID: 15395.

Entities

  1. GARANTEX EUROPE OU
    Address: (1) Harju maakond, Lasnamae linnaosa, Peterburi tee 47, Tallinn, Estonia, 11415. (2) Harju maakond, Kesklinna linnaosa, J., Poska tn 51a/1-3, Tallinn, Estonia, 10150. Other Information: (UK Sanctions List Ref): RUS1421 Digital Currency Address: XBT 3Lpoy53K625zVeE47ZasiG5jGkAxJ27kh1 Digital Currency Address: ETH 0x7FF9cFad3877F21d41Da833E2F775dB0569eE3D9 Digital Currency Address: USDT 3E6ZCKRrsdPc35chA9Eftp1h3DLW18NFNV (UK Statement of Reasons): Designated for the purposes of an asset freeze under the Russia (Sanctions) (EU Exit) Regulations 2019. The designation is made as a designation by name under the urgent procedure.
    The relevant provision by reference to which the Minister considers that condition B is met is Executive Order 14024. The purposes of this provision correspond or are similar to the purposes of the UK’s Russia (Sanctions) (EU Exit) Regulations 2019, which have as their purposes to encourage Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine.

    The Minister considers that it is in the public interest to designate (condition C). (Website): garantex.io (Business Reg No): Business Registration Number 14850239 (Estonia) Listed on: 04/05/2022 UK Sanctions List Date Designated: 04/05/2022 Last Updated: 04/05/2022 19/05/2022 Group ID: 15329.

  2. KAMAZ
    Address: 2 Avtozavodskiy Prospect, Naberezhnye Chelny, Republic of Tatarstan, Russia, 423827. Other Information: (UK Sanctions List Ref): RUS1422 (UK Statement of Reasons): Designated for the purposes of an asset freeze under the Russia (Sanctions) (EU Exit) Regulations 2019.
    The designation is made as a designation by name under the urgent procedure. The relevant provision by reference to which the Minister considers that condition B is met is the Autonomous Sanctions Regulations 2011 in respect of Australia’s Ukraine and Russia sanctions regimes.
    The purposes of this provision correspond or are similar to the purposes of the UK’s Russia (Sanctions) (EU Exit) Regulations 2019, which have as their purposes to encourage Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine. The Minister considers that it is in the public interest to designate (condition C).
    (Website): www.kamaz.ru Listed on: 04/05/2022 UK Sanctions List Date Designated: 04/05/2022 Last Updated: 04/05/202219/05/2022 Group ID: 15332.

    Seventy-eight Russian aircraft have been seized abroad, the Interfax news agency quoted Transport Minister Vitaly Savelyev as saying on Tuesday, as Moscow grapples with the consequences of international sanctions over events in Ukraine.

    Sanctions have cut off the supply of most aircraft, parts and services to Russia, while Russian airlines have 515 jets leased from abroad.

    Russian airlines currently operate about 515 foreign-owned planes, with a total of around $10 billion. Airlines often lease planes from foreign owners to expand capacity quickly without needing to raise the capital to buy planes themselves. But due to sanctions imposed by the EU, foreign jet lessors are being forced to cancel contracts with Russian airlines.

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