newstodate.aero
Nov 22, 2013 (newstodate): Russia's airline industry is generally under-financed, and this may cause a threat to aviation safety, according to the country's prime minister.
Speaking at a government meeting, Mr Medvedev said that 85-90 percent of the country's airlines have a weak financial base as well as deficits in equipment and crew training.
The remedy will be increasing the competition in the market while assisting in transforming the industry towards consolidation.
According to the prime minister, there are now 122 airlines registered in Russia.
This number has actually been steadily declining over the recent years.
According to newstodate's file, 168 Russian airlines were operating in 2011, in 2008 the number was 178, while in 2006 there was around 200 commercial airlines in Russia.
Speaking at a government meeting, Mr Medvedev said that 85-90 percent of the country's airlines have a weak financial base as well as deficits in equipment and crew training.
The remedy will be increasing the competition in the market while assisting in transforming the industry towards consolidation.
According to the prime minister, there are now 122 airlines registered in Russia.
This number has actually been steadily declining over the recent years.
According to newstodate's file, 168 Russian airlines were operating in 2011, in 2008 the number was 178, while in 2006 there was around 200 commercial airlines in Russia.