“Boeing” no Longer Sells Planes to Russia

by Olha Povaliaieva
Sunday, July 24, 2022
1 MIN
“Boeing” no Longer Sells Planes to Russia

Because of the war against Ukraine, Russia has been excluded from many world markets. Including aerospace

Boeing vice president of commercial marketing Darren Hulst said in an interview with Bloomberg that Boeing is not considering selling its aircraft to Russia, as the country is no longer a target market for the company. The reason for this is Russia's unprovoked aggression against Ukraine.

"It's not an addressable market for us," Darren Hulst.

"The US planemaker’s latest forecast excludes any future potential deliveries to buyers in Russia, which is effectively shut out from the global aerospace market due to sweeping sanctions imposed by the US and other nations following its invasion of Ukraine. Boeing last year expected Russian customers to account for more than 1.500 jet sales over the next 2 decades," Bloomberg.

However, even without the Russian market, Boeing sales are solid and will show upward trends over the next decade. It is known that the company plans to expand its fleet to compensate for the damage caused by the pandemic. By 2031, Boeing plans to produce another 19.575 aircraft.

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