Michelin Stops Supplying Russian Carrier Aeroflot With Jet Tires

Michelin’s decision to stop exporting to Russia includes freezing a supply contract with flag carrier Aeroflot PJSC for airplane tires, dealing a further blow to the country’s aviation industry.

The French manufacturer on Tuesday said it would also halt operations at a factory near Moscow, accounting for about 1% of its global passenger car tire production. Michelin earns about 2% of sales in Russia and employs about 1,000 people in the country, three quarters of them at a plant at Davydovo, according to the statement.

Cie. Generale des Etablissements Michelin follows a host of firms -- from food ...