The Russians want delivery of their aircraft carrier. They contracted with the French to build it and a deal is a deal. But things are not (yet) so far gone that a NATO country is willing to arm the enemy for a few francs.
Bloomberg is reporting that:
France ruled out delivery of a warship to Russia over the conflict in Ukraine and criticized the government in Kiev for saying it wants to join NATO. Terms for handing over the Mistral helicopter carrier “have not been met,” French Foreign Minister Laurent Fabius said on France Inter radio today.
The ship would substantially increase Russia’s ability to project power. Not a good thing so long as Mr. Putin remains in charge.