Russia sanctions: Private flights to Nice down 5pc as jets grounded

 
Billy Ehrenberg
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Sun, sea, sand, surf and sanctions (Source: Getty)

Western sanctions are grounding private jets and disrupting the holiday plans of wealthy Russians, according to Bloomberg.

The measures are aimed at restricting travel for leading Russian business people and the article quotes Umberto Vallino, head of business aviation development for Nice, Cannes and St. Tropez airports, as confirming a first drop in private air traffic since 2009.

According to Bloomberg, research from law firm Debevoise and Plimpton shows that more than 140 people and 50-60 companies are affected by the sanctions and the number is likely to rise as new restrictions come into play today.

Villano also said traffic coming from Moscow had been down nine per cent in June, while research from WingXAdvance showed falling departures from several Russian airports.

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