Airwork
New Zealand · Air Transportation
LeaveRussia detail: Withdrawal
Airwork (full name Airwork Holdings Limited) is an aviation business based in Auckland, New Zealand. The Airwork Group is New Zealand's largest general aviation company.
Decision trail
Decision date 13/06/2023 · Reference ↗
Auckland-based Airwork has written off $176.5 million on five aircraft leased to a Russian operator as they remain “illegally” under its control. The Boeing 757 aircraft were not to be recoverable due to sanctions. Russian seizures and growing debt see Airwork Group go into receivership.
Status history since 2022
- 03/08/2026 — exited · Imported from KSE LeaveRussia
Exposure profile
Full exposure profile is a Professional feature
Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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