STRONG ORDERS FROM APAC AS BOEING BOOSTS EXPECTATIONS FROM THE REGION AS RUSSIA SIGNALS UNEXPECTED U-TURN ON EU AIRLINE STATUS

Russia’s deputy transport minister said yesterday that it is ready to start relaxing its opposition to recognizing the whole 27-country bloc as one “nationality” for airlines, rather than the traditional system of recognizing individual member states. A draft of the law has already been written and will become legislation by October. Many countries, including the US and Canada, have agreed to this. The change allows flights, such as a French flight to Los Angeles from London and a British flight from Paris to New York. So this is highly significant. It is likely that the initial draft will be limited