Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Soviet-era passenger plane crashes in Russia's far east killing all 48 on board
    Headlines

    Soviet-era passenger plane crashes in Russia's far east killing all 48 on board

    Soviet-era passenger plane crashes in Russia's far east killing all 48 on board

    Published by Global Banking and Finance Review

    Posted on July 24, 2025

    Featured image for article about Headlines

    By Andrew Osborn and Gleb Stolyarov

    MOSCOW (Reuters) -An Antonov An-24 passenger plane carrying 48 people crashed in Russia's far east on Thursday as it was preparing to land, killing everyone on board in an incident that spotlighted the continued use of old, Soviet-era aircraft.

    The burning fuselage of the plane, which was made in 1976, was spotted by a search helicopter after it disappeared from radar screens. It had been attempting to land for a second time after failing to touch down on its first approach, the Far Eastern Transport Prosecutor’s Office said in a statement.

    Operated by the privately owned Siberian regional airline Angara, it had been en route from the city of Blagoveshchensk near the Chinese border to Tynda, an important railway junction in the Amur region. It was carrying 42 passengers, including five children, and six crew.

    The regional governor and federal investigators confirmed that everyone on board had been killed.

    Investigators said they had opened a criminal case into the suspected violation of air traffic and air transport rules, resulting in the death of more than two people through negligence. The plane had recently passed a technical safety inspection, Russian news agencies reported, and had been involved in four apparently minor incidents since 2018.

    The crash is likely to raise new questions about the viability of continuing to fly such old planes in far-flung corners of Russia at a time when Western sanctions have crimped Moscow's ability to access investment and spare parts.

    It may also prompt other countries that operate the aircraft to review their fleets. North Korea, Kazakhstan, Laos, Cuba, Ethiopia, Myanmar and Zimbabwe operate the An-24, according to the authoritative RussianPlanes web-portal.

    Video shot from a helicopter showed pale smoke rising from the crash site in a densely forested hilly area around 15 km (10 miles) from Tynda. There were no roads to the site and a rescue team had to use heavy machinery to cut a path there.

    President Vladimir Putin expressed his condolences to the families of those killed and held a minute's silence at the start of a government meeting.

    At least one Chinese citizen was reported to have been on board and Chinese President Xi Jinping sent his condolences to Putin.

    Moscow said it had set up a commission to deal with the aftermath in addition to the criminal and air safety investigations. A representative of Angara said they could not offer any more details.

    'FLYING TRACTORS'

    Angara is based in the Siberian city of Irkutsk and serves airports in Siberia and Russia's far east. Before Thursday's crash, it operated 10 An-24s built between 1972 and 1976, according to RussianPlanes.

    It was one of two Siberian airlines that last year asked the Russian government to extend the service life of the Antonov aircraft, as Russian planemakers scramble to plug the gap left by an exodus of foreign manufacturers.

    Nicknamed "flying tractors" by some, the propeller-driven An-24s are regarded as reliable workhorses inside Russia and are well-suited to Siberia as they are able to operate in sub-zero conditions and don't have to land on runways.

    But airline executives, pilots and industry experts say the cost of maintaining the Antonovs - which make up a fraction of Russia's fleet of over 1,000 passenger planes - has increased after Western sanctions against Russia over its war in Ukraine hit investment and access to parts.

    Almost 1,340 An-24 planes were built in the Soviet Union. Eighty-eight have now been lost because of crashes and 65 because of serious incidents without casualties, and 75 are currently in operation, according to data from the RussianPlanes web-portal and Reuters analysis.

    Their age has long been of concern. Dmitry Medvedev, then president, proposed grounding Russia's An-24 fleet in 2011 after one of them crashed in Siberia, killing seven people.

    Many of the planes are due to be retired from service in the coming years, but mass production of the new Ladoga aircraft, the same class as the An-24, is not due to begin until 2027 at the earliest.

    (Reporting by Andrew Osborn, Gleb Stolyarov and Marina Bobrova; Additional reporting by Anton Kolodyazhnyy; Writing by Andrew Osborn and Mark Trevelyan; Editing by Louise Heavens, Frances Kerry, Rachna Uppal and Timothy Heritage)

    Related Posts
    Ukraine, US peace talks in Berlin end, to resume Monday, Zelenskiy adviser says
    Ukraine, US peace talks in Berlin end, to resume Monday, Zelenskiy adviser says
    Jimmy Lai's supporters queue in Hong Kong overnight for verdict
    Jimmy Lai's supporters queue in Hong Kong overnight for verdict
    Hanukkah security ramped up around the world after Bondi shootings
    Hanukkah security ramped up around the world after Bondi shootings
    Britain's King Charles 'appalled and saddened' by shooting in Sydney
    Britain's King Charles 'appalled and saddened' by shooting in Sydney
    Thailand considers blocking fuel exports to Cambodia as border conflict escalates
    Thailand considers blocking fuel exports to Cambodia as border conflict escalates
    Israeli Supreme Court rules against government's dismissal of attorney general
    Israeli Supreme Court rules against government's dismissal of attorney general
    Hong Kong's last opposition party votes to disband under China pressure
    Hong Kong's last opposition party votes to disband under China pressure
    Bystander who tackled armed man at Bondi Beach shooting hailed as hero
    Bystander who tackled armed man at Bondi Beach shooting hailed as hero
    World reacts to deadly shooting at Australia's Bondi Beach
    World reacts to deadly shooting at Australia's Bondi Beach
    German far-right lawmaker calls for US-German nationalist alliance at MAGA gala
    German far-right lawmaker calls for US-German nationalist alliance at MAGA gala
    Russian ban on Roblox gaming platform sparks rare protest
    Russian ban on Roblox gaming platform sparks rare protest
    Hamas says Israel's killing of senior commander threatens ceasefire
    Hamas says Israel's killing of senior commander threatens ceasefire

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    German authorities arrest five men suspected of planning Christmas market attack

    German authorities arrest five men suspected of planning Christmas market attack

    Kremlin says NATO's Rutte is irresponsible to talk of war with Russia

    Kremlin says NATO's Rutte is irresponsible to talk of war with Russia

    Ukraine's Zelenskiy drops NATO ambition as Berlin peace talks begin

    Ukraine's Zelenskiy drops NATO ambition as Berlin peace talks begin

    Gunmen kill 11 at Australia's Bondi Beach Jewish holiday event

    Gunmen kill 11 at Australia's Bondi Beach Jewish holiday event

    Iran's foreign minister to visit Russia and Belarus, foreign ministry says

    Iran's foreign minister to visit Russia and Belarus, foreign ministry says

    Tunisian police clash with youths in Kairouan after man's death

    Tunisian police clash with youths in Kairouan after man's death

    UK's Starmer and EU's von der Leyen discuss Ukraine peace plan, frozen Russian assets

    UK's Starmer and EU's von der Leyen discuss Ukraine peace plan, frozen Russian assets

    Zelenskiy says he will meet US and European representatives in Berlin

    Zelenskiy says he will meet US and European representatives in Berlin

    Thousands march in Hungary in protest over child abuse scandal

    Thousands march in Hungary in protest over child abuse scandal

    US says Belarus agreed to stop balloon flyovers into Lithuania

    US says Belarus agreed to stop balloon flyovers into Lithuania

    Ukraine says Russian drone attack hit civilian Turkish vessel

    Ukraine says Russian drone attack hit civilian Turkish vessel

    Tunisian opposition joins forces in protest against President Saied

    Tunisian opposition joins forces in protest against President Saied

    View All Headlines Posts
    Previous Headlines PostEuropean car sales slump in June as automakers' woes deepen
    Next Headlines PostIndia resists EU's oversight proposal on capital flows citing sovereignty concerns, sources say