Sanctions Relating To Aircraft

The restrictive measures introduced by the European Union in respect of the actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine, concern not only the freezing of funds and economic resources of certain persons (as those are listed in Annex I of EU Council Regulation 269/2014, as amended - 'Listed Persons'), or the restrictions on access to the capital markets for certain financial institutions, (such financial institutions, being 'Listed Entities' in Annexes III, IV, V and VI or EU Council Regulation 833/2014 as amended), but they also concern the closure of EU airspace and EU ports to Russian owned and Russian registered aircraft and Russian vessels.