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Reuters
Reuters
Business
Tim Hepher and Allison Lampert

Aviation fears grow over Russia fallout from Ukraine crisis

FILE PHOTO: A satellite image shows the overview of a battle group vehicle park in Yelnya, Russia, January 19, 2022. Picture taken January 19, 2022. 2022 Maxar Technologies/Handout via REUTERS

Airlines and the leasing companies that control billions of dolllars' worth of passenger jets are drawing up contingency plans for a freeze in business with Russia if the standoff on Ukraine's border boils over into a military conflict.

U.S. officials have warned that Moscow could launch an attack on Ukraine after amassing more than 100,000 troops close to its neighbour's border, with the West preparing heavy sanctions.

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