...Following Russia’s invasion of Ukraine on 24 February 2022, Airbus announced in March 2022 that it has suspended the delivery of aircraft and support services to Russian customers, as well as the supply of spare parts, equipment and software to Russia. This included the execution of service agreements, warranties and more broadly all technical support including access to documentation and use of call centres with immediate effect as well as the delivery of the technical instructions required for the aforementioned corrective action. Before the conflict, around 300 Airbus commercial aircraft were in operation by Russian operators (including leasing companies).

Airbus also supported the evacuation of its employees out of Ukraine and is complying with all applicable regulations and sanctions related to its facilities and operations in Russia (including the Airbus Russia affiliate, Airbus Engineering Centre (ECAR), representation office in Moscow and the Space Division’s two joint ventures in Russia, Energia Satellite Technologies and Synertech).

With regards to titanium sourcing, Airbus continues efforts to secure alternative sources of supply in order to end reliance on Russian titanium, operating in full compliance with all applicable regulations and sanctions. An immediate and full withdrawal of titanium sourcing from Russia would significantly damage the entire aerospace industry in Europe whilst the impact would be marginal for Russia, as titanium accounts for only a small part of its export revenues...