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Russian domestic market to admit foreign airlines
8.04.2011 15:23
Russian domestic market to admit foreign airlines

A bill has been submitted by Russian State Duma to amend the legislation on competition and natural monopolies in Russia in order to limit share amount to 25% of any airline on the domestic market.
      At this moment there are no air carriers in Russia that are holding more than a quarter of the domestic market. The largest airline company of the country Aeroflot hold about 15% of domestic air transportation. The second place occupies UTair, having 13% of the market and the third company is Siberia.
      According to Alexei Sinitsky, editor-in-chief of the Air Transport Review magazine, this proposal to admit foreign airlines to the domestic market could kill the business of Russian air companies, which is already unprofitable.
Author: Ksenia Dzhalagonia


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