ILA 2008: Russian airlines’ bright start counters rising fuel costs
Russia’s air transport industry has got off to a strong start this year despite constraints stemming from higher fuel prices, airport fees and fares.
Interim reports by the Transport Clearing Chamber (TCC), monitoring the sector, and many airlines testify to a strong traffic growth in the first four months.
Year-on-year increases in overall passenger numbers for particular top-tier operators were as follows: Aeroflot - 16%; S7 Airlines – 38%; Transaero – 46%; Rossiya – 15%; UTAir – 27%; AirUnion alliance – 28%.
Notably, at Aeroflot domestic growth dwarfed international expansion (33% and 2.7% respectively) while the second-largest Russian carrier, S7 Airlines, expanded in the cross-border segment by 25% - by far larger than domestically.
<IMG style=”BORDER-RIGHT: 1px solid; BORDER-TOP: 1px solid; BORDER-LEFT: 1px solid; WIDTH: 445px; BORDER-BOTTOM: 1px solid; HEIGHT: 281px” alt=”aeroflot ” src=”../assets/getAsset.aspx?ItemID=23079″ border=
This entry was posted on Tuesday, May 27th, 2008 at 3:00 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.