Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & 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.

    1. Home
    2. >Finance
    3. >Ukraine strikes Russian aircraft plants in Ulyanovsk and Novgorod regions, Kyiv says
    Finance

    Ukraine Strikes Russian Aircraft Plants in Ulyanovsk and Novgorod Regions, Kyiv Says

    Published by Global Banking & Finance Review®

    Posted on March 18, 2026

    2 min read

    Last updated: March 18, 2026

    The image illustrates Selwood Asset Management's proposal for Louis Hachette to change its stock market listing, emphasizing potential growth and visibility in the finance sector.
    Selwood Asset Management advocates for Louis Hachette market listing change - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

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

    Subscribe

    Tags:FinanceBankingMarketsDefenseUkraine-Russia Conflict

    Quick Summary

    Ukraine carried out strikes on two key Russian aircraft production and maintenance facilities—the Aviastar plant in Ulyanovsk on March 16 and the 123rd maintenance plant in Staraya Russa (Novgorod region) on March 17—hitting hangars and servicing areas for Il‑76, Il‑78, Ruslan and L‑410 transport ai

    Ukraine Hits Russian Aircraft Plants in Ulyanovsk and Novgorod, Targets Military Planes

    Ukrainian Strikes on Russian Military Aircraft Facilities

    KYIV, March 18 (Reuters) - Ukraine's military struck two Russian plants producing and repairing military transport and cargo planes in the Ulyanovsk and Novgorod regions, the Ukrainian General Staff said on Wednesday.

    Attack on Aviastar Plant in Ulyanovsk

    It said in a statement that the attack on the Aviastar plant, part of Russia's United Aircraft Corporation, in the city of Ulyanovsk, was carried out on March 16.

    Role of Aviastar Plant

    The plant produces Ilyushin-76MD-90A military transport planes, Ilyushin-78M-90A refueling planes, and provides maintenance for "Ruslan" cargo planes, and is located about 800 kilometers (about 500 miles) from the Ukrainian border.

    Damage Inflicted

    Ukraine's military said the hangars and parking areas were hit and some of the planes were damaged.

    Strike on 123rd Aircraft Maintenance Plant in Novgorod

    The attack on the 123rd aircraft maintenance plant in the city of Staraya Russia in the Novgorod region took place one day later, the Ukrainian General Staff said.

    Capabilities of the Novgorod Facility

    It said on the Telegram app that the facility provided a full cycle of repairs and modernisation for heavy transport planes, including Ilyushin-76, Ilyushin-78, and L-410.

    Reported Damage

    Ukraine's military said a hangar used to service Ilyushin-76 and L-410 transport planes had been hit. Reuters was unable to verify the report independently.

    Strategic Impact of the Strikes

    Military Assessment

    "Striking such targets directly reduces the enemy’s ability to restore and sustain combat-ready aircraft," Ukrainian drone forces said on X.

    Reporting Credits

    (Reporting by Anna Pruchnicka, Olena Harmash; Editing by Hugh Lawson)

    Table of Contents

    • Ukrainian Strikes on Russian Military Aircraft Facilities

    Key Takeaways

    • •Targeting aviation production and repair facilities disrupts Russian military transport and air refueling capabilities.
    • •The strikes reflect Ukraine’s deep strike capability reaching hundreds of kilometers into Russia.
    • •This operation is part of a broader campaign targeting Russian logistics and infrastructure to degrade war-sustaining capacity.

    Frequently Asked Questions about Ukraine strikes Russian aircraft plants in Ulyanovsk and Novgorod regions, Kyiv says

    1Which Russian aircraft plants were targeted by Ukraine?

    Ukraine targeted the Aviastar plant in Ulyanovsk and the 123rd aircraft maintenance plant in Staraya Russia, Novgorod region.

    2What types of planes were affected by the strikes?

    Military transport planes like the Ilyushin-76MD-90A, Ilyushin-78M-90A, and L-410 as well as Ruslan cargo planes were affected.

  • Attack on Aviastar Plant in Ulyanovsk
  • Role of Aviastar Plant
  • Damage Inflicted
  • Strike on 123rd Aircraft Maintenance Plant in Novgorod
  • Capabilities of the Novgorod Facility
  • Reported Damage
  • Strategic Impact of the Strikes
  • Military Assessment
  • Reporting Credits
  • 3When did the attacks on the Russian aircraft plants occur?

    The Aviastar plant was struck on March 16, and the 123rd plant in Staraya Russia was hit one day later.

    4Why are these strikes significant for Russia's military?

    Striking these targets reduces Russia's ability to restore and sustain combat-ready aircraft, impacting military readiness.

    5Was the information about the strikes independently verified?

    Reuters was unable to independently verify the Ukrainian military's report on the attacks.

    More from Finance

    Explore more articles in the Finance category

    Image for Romania's coalition under strain from haggling over 2026 budget
    Romania's Coalition Under Strain From Haggling Over 2026 Budget
    Image for Macron names new French aircraft carrier 'Free France' in nod to resistance
    Macron Names New French Aircraft Carrier 'Free France' in Nod to Resistance
    Image for London Tube drivers' strike suspended, union says
    London Tube Drivers' Strike Suspended, Union Says
    Image for Italy lags peers in women's employment, hampering growth, report shows
    Italy Lags Peers in Women's Employment, Hampering Growth, Report Shows
    Image for Italy drafting urgent measures to cut fuel prices, deputy PM says
    Italy Drafting Urgent Measures to Cut Fuel Prices, Deputy PM Says
    Image for European broadcaster MFE says net profit 'more than doubled' in 2025
    European Broadcaster Mfe Says Net Profit 'more Than Doubled' in 2025
    Image for Google to allow AI opt-out to ease UK competition concerns
    Google to Allow AI Opt-Out to Ease UK Competition Concerns
    Image for Tehran warns Gulf energy installations after oil industry facilities hit in southern Iran
    Tehran Warns Gulf Energy Installations After Oil Industry Facilities Hit in Southern Iran
    Image for German general says oil price surge will be no game changer for Russia in Ukraine war
    German General Says Oil Price Surge Will Be No Game Changer for Russia in Ukraine War
    Image for Telegram still not complying with Russian law, Russian regulator says
    Telegram Still Not Complying With Russian Law, Russian Regulator Says
    Image for Iranian cluster missiles pose extra challenge for Israel's air defences
    Iranian Cluster Missiles Pose Extra Challenge for Israel's Air Defences
    Image for Belgian court postpones ruling in TotalEnergies climate case brought by farmer
    Belgian Court Postpones Ruling in TotalEnergies Climate Case Brought by Farmer
    View All Finance Posts
    Previous Finance PostItaly Drafting Urgent Measures to Cut Fuel Prices, Deputy PM Says
    Next Finance PostEuropean Broadcaster Mfe Says Net Profit 'more Than Doubled' in 2025