newstodate.aero
Nov 12, 2008 (newstodate): The Russian government's intervention in the country's civil aviation environment to bring back stability is bearing fruit.
One result is the effort to stabilise jet fuel prices, and the Gazprom-led group of oil companies is now prepared to sign long-term contracts with domestic airlines that comprise a formula to freeze price fluctuations during an entire contract period.
This will enable the carrier to optimise their financial spendings and avoid a recurrence of this autumn's debt piles that brought domestic flights to a virtual stand-still.
One result is the effort to stabilise jet fuel prices, and the Gazprom-led group of oil companies is now prepared to sign long-term contracts with domestic airlines that comprise a formula to freeze price fluctuations during an entire contract period.
This will enable the carrier to optimise their financial spendings and avoid a recurrence of this autumn's debt piles that brought domestic flights to a virtual stand-still.