The Russian military operation on Ukrainian soil destroyed the travel and aviation sector, as well as the Russian movement in Europe.
Shares of European airlines fell as the European Aviation Safety Agency warned against entering the airspace of Ukraine, Moldova and Belarus.
The German Foreign Ministry recommended that its citizens not travel to southern Russia, while the Czech Republic banned the issuance of visas to Russians.
While Lufthansa Airlines announced it saw no reason to cancel flights to Moscow, Britain on Thursday stopped Russian company Aeroflot from flying to it.
Shares of European airlines are falling
Shares of airlines in Europe fell during trading on Thursday, against the backdrop of the war that erupted today between Russia and Ukraine, and led to severe disruptions to air traffic and air travel in Eastern Europe in general, according to the German news agency.
And the US news agency Bloomberg reported that Wizz Air Holdings, one of the few foreign airlines based in Ukraine, is currently seeking to remove its four planes and its employees stranded in the Ukrainian cities of Kiev and Lviv.
The European Union Aviation Safety Agency also imposed a flight ban in the skies of Ukraine and areas near the borders of northern, southern and eastern Ukraine, while Moldova and Belarus (Belarus) announced a complete closure of their airspace.
Shares of European airlines fell after shares of Wizz Air, based in Hungary, lost about 13% of its value by two o’clock in the afternoon being traded on the London Stock Exchange.
Shares of German Lufthansa, IAG, which owns two British airlines, British Airways, and Iberia of Spain, and shares of Franco-Dutch Air France-KLM fell 7%. or more, while the low-cost airline EasyJet fell 8%, and the weight of its Irish competitor, Ryan Air, fell 4.6% during trading today.
Wizz Air, the largest low-cost airline in Eastern Europe, has lost about 25% of its value since the beginning of this year, due to the pressures it has been exposed to in recent weeks against the backdrop of escalating tension between Ukraine and Russia.
Airspace warning for Ukraine, Moldova and Belarus
On Thursday, the European Aviation Safety Agency issued extensive airline warnings regarding the airspace of Ukraine, Moldova and Belarus.
And the agency announced in a statement in Cologne on Thursday that landings, take-offs and flights were banned in Ukraine and Moldova, in addition to the ban on flights over Belarus.
The agency called on airlines to exercise extra caution in Russian airspace over the capital, Moscow, and the Rostov region on the border with Ukraine, for possible exposure to medium-range missiles.
It is worth noting that after the start of the Russian military operation on Ukrainian territory, some airlines suspended their flights to Ukraine.
Among the companies that have notified their customers of flight cancellations are Lufthansa, Ryanair, Wizz Air, Air Baltic, Qatar Airways and Turkish Airlines.
The Czech Republic bans the issuance of visas to Russians
The Czech Republic banned the issuance of visas to Russians, following the Russian military operation in Ukraine.
Prime Minister Peter Fiala announced after a meeting of the National Security Council in Prague on Thursday that diplomatic missions had been ordered to stop accepting requests from Russian citizens for the time being, except in humanitarian cases.
Fiala added that Russian consulates in Karlovy Vary and Brno would be closed, while consulates general in St. Petersburg and Ekaterinburg would be suspended, and the country’s ambassadors to Russia and Belarus had been summoned to Prague for consultations.
Both Villa and Czech President Milos Zeman previously condemned the Kremlin’s moves as a hostile act.
The government has released the equivalent of about 12 million euros ($ 13.4 million) in humanitarian aid funds for Ukraine and the Czech Republic is preparing to accept thousands of refugees.
Germany advises its citizens not to travel to Russia
The German Foreign Ministry strongly advised its citizens not to travel to southern Russia in the border area with Ukraine, after the start of the Russian military operation in Ukraine.
On Thursday, the German Foreign Ministry issued updated security instructions, in which it said about the trip to Russia that there are 8 airports in the south of the country that in principle will remain closed until March 2.
The ministry indicated that eight airports are located in the Rostov, Krasnodar, Anapa, Glindchik, Belgorod, Orel, Kursk and Voronezh regions.
She added that a state of emergency has been declared in 5 regions, namely Rostov, Krasnodar, Saratov, Voronezh and Volgograd, warning that this declaration could lead to restrictions on public life there.
The ministry called on its citizens in these areas to take an interest in the nature of the situation and follow the instructions of the security forces.
Lufthansa will not stop flights to Moscow
German airline Lufthansa said it had canceled all flights to Ukraine until March 26, but saw no reason to stop flights to the Russian capital, Moscow.
A Lufthansa spokesman said avoiding Ukrainian airspace could increase flight time to Moscow, according to Reuters.
Ukraine closed its airspace to civilian flights on Thursday, following the start of a Russian military operation on Ukrainian territory, while the European Aviation Regulatory Authority warned of the dangers of flights in border areas.
Russian Aeroflot is banned from flying to Britain
Britain on Thursday banned Russian airline Aeroflot from flying to it after President Vladimir Putin ordered the launch of a Russian military operation in Ukraine.
Prime Minister Boris Johnson announced the ban in Parliament and the British Civil Aviation Authority said it had suspended the licenses of Aeroflot foreign airlines.
“This means that Aeroflot will not be allowed to operate flights to the UK until further notice,” the authority said.
British Transport Secretary Grant Shapps said he had signed restrictions that prevented all Russian airlines with regular flights from entering British airspace.