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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.
      
      
      
      
      lenta.ru
      rian.ru
Author: Ksenia Dzhalagonia


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