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A Russian airline that ditched an Airbus A320 in a Siberian wheat field last year is abandoning plans to rescue the jet [Business Insider]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
High costs, logistical challenges, and a lack of support from Airbus influenced the decision. The loss could be a blow to Ural amid Western sanctions that limit Russia's aircraft supply. An Airbus A320 passenger jet operated by Russian carrier Ural Airlines has been sitting in a Siberian wheat field since September. A hydraulic failure caused a low-fuel situation, and the pilot made the decision to ditch the jet instead of continuing to the diversion airport. None of the nearly 170 people onboard were injured and customers were offered about $1,100 in compensation Ural initially planned to retrieve and repair the stranded plane for re-entry to service — even posting progress updates on Telegram late last year — but money and logistics have forced the airline to jump ship, an airline representative told the Russian newspaper Izvestia on Thursday. "We assess all the risks and are inclined to not use this aircraft in commercial operation, taking into account the fact that in Show less Read more
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