News

US FAA: Ban of Russian aircraft will be posted by end of Wednesday

The US Federal Aviation Administration (FAA) said in a statement, the official notice banning Russian aircraft from US airspace will be posted by the end of Wednesday.

The ban applies to scheduled passenger flights, cargo, and charter flights, the FAA said.

This comes after US President Joe Biden confirmed in his State of the Union (SOTU) address that he has banned Russian flights from using the American airspace.

In doing so, the US joins the EU and Canada in stopping Russian flights through their airspace.

Market reaction

Investors have shrugged off these headlines, as the risk tone remains firmer in Asia, reflective of the 0.36% gain in the S&P 500 futures.

The US dollar index is fluctuating between gains and losses below 97.50 so far.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.