Airlines lose billions amid rumors of trans-Siberian flight blockade

Airlines lose billions amid rumors of trans-Siberian flight blockade

Major airlines saw stock shares nosedive on Wednesday, after media reports said that Russia could block flights over Siberia. However, Russian Foreign Minister Sergey Lavrov said the reports are simply rumors.

ā€œIā€™m not an advocate of using the method of bans and creating real problems for passengers, ordinary citizens who have absolutely no connection to the actions of those who unleashed this war,ā€ Lavrov said on Wednesday.