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Tourism in Turkey: Russian tour operators suspend operations, they face bankruptcy due to sanctions

Russian tour operators risk being on the verge of bankruptcy – such news was published by Turkish experts in the local tourist media. The reason, of course, is recent political events and global tensions over the Russian war in Ukraine. Turkey recalls that the European Union and the United States have imposed tough sanctions on Russia’s banking, financial, energy and aviation sectors.

Note: Read all the information about the impact of the Russian-Ukrainian crisis on tourism in the story “War of the Russian Federation against Ukraine“.

Turks believe some of the sanctions could paralyze Russia’s civil aviation sector. This will affect the tourism market – both business and tourists themselves. “According to the Russian RBC, due to sanctions, Russian airlines will have to return the leased aircraft in their possession, and they will not be able to use their own aircraft. The sale of spare parts and equipment to Russian airlines is prohibited,” said the Turks, fearing that they would not see mass deliveries of tourists in this case in the summer season.

In addition, the sanctions will directly affect the tourism market – at least the sources contacted by Turkish publications – apparently among tour operators with Turkish roots – say that “Russian tour operators may be on the verge of bankruptcy due to unprecedented EU sanctions against Russia.” They also say that tour operators operating in Russia will soon suspend all operations or at least suspend them. So far, Russian tourists have faced another scourge – In Thailand, stopped accepting Russian rubles, but bank cards do not work – read details here.

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