|Event||MRO Russia & CIS 2019|
|Press Release Date||23.01.2018|
Russia’s Transport Clearing House has published the 2017 performance results for the country’s airline industry, complete with the top-20 list of domestic carriers by traffic.
The report indicates that all of the leading 20 airlines demonstrated operational growth last year. Even though the top five of the carriers remained largely unchanged from 2016, some of the airlines moved up or down the list.
The Top 20’th combined traffic reached 100.275 million passengers, out of the total of 105.023 million who traveled by air into, out of, and within Russia last year (up 20.2% and 18.6% year-on-year, respectively). Their share in the total traffic thus increased from 92.2% in 2016 to 95.5%.
Vladimir Tasun, president of the Russian Association of Air Transport Operators, commented that the main driver behind the 2017 traffic growth was the domestic carriers’ modest pricing policy amid the growing airport fees and fuel costs. Other growth factors included the strengthening of the national currency, the reduction of the VAT rate on domestic flights by 10% and the resumption of direct air services with Turkey, which had been suspended until August 2016.
The association does not expect the high growth rates to continue into 2018, saying the average growth is to be expected at not more than 10%. According to Tasun, Russia’s commercial aviation has used up all of its extensive growth reserves by now: the main growth driver will now be represented by domestic operations, but these need time to evolve.
Source: Russian Aviation Insider
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