EE Impact

Georgian Airways

Georgia · Air Transportation

LeaveRussia detail: Continue Operations

Still operating in Russia

Georgian Airways, formerly Airzena, is the privately-owned flag carrier of Georgia, with its headquarters in Tbilisi. Its main base is Tbilisi International Airport. The company filed for bankruptcy on December 31, 2021, linked to a restructuring procedure and it has been for sale since January 2022.

Status last verified 03/08/2026Source checked 10/12/2024Company website ↗LeaveRussia profile ↗

Business in Russia

Georgian Airways, included in Ukrainian sanctions lists, has increased the number of flights to Moscow. The Georgian company Georgian Airways and its founder and manager appeared on the website of the National Agency for the Prevention of Corruption in the list of persons and companies threatened with sanctions in connection with the Russian Federation's war against Ukraine.

Decision trail

Decision date 19/05/2023 · Reference ↗

Georgia Airways founder Tamaz Gayashvili welcomes Russia's decision to start direct flights between the Sahara. In particular, yesterday, Russian President Vladimir Putin canceled the decision to ban direct flights with Georgia. Putin's decree entered into force immediately after signing. Gaishvili, whose company operated Tbilisi-Moscow flights before the air embargo, does not rule out the resumption of flights, although he adds that it will take some time to obtain permission for flights and frequencies.

Status history since 2022

  1. 03/08/2026 operating · 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.

Upgrade to Professional
Statuses, logos and narrative notes are compiled from public reporting and the KSE LeaveRussia project. Found an error? See our corrections policy.