newstodate.aero
Aug 07, 2014 (newstodate): Mere speculations about a potential limit, or even stop, to Trans Siberian overflights by western carriers took an immediate toll on the country's own carrier, Aeroflot.
Western airlines pay some 300 mio dollars every year for the use of the air lanes gradually opened since the 70'ies, and the money is collected by Aeroflot, contributing to the carrier's top line.
With Russian media rumors, unconfirmed, of a potential stop or limitation on the lanes, Aeroflot's shares dipped sharply on Moscow Exchange.
If carried through at tall, the effects on the western airlines would be serious, indeed, but so far no authorized announcement has been made on the issue by any Russian agency.
One carrier to be affected by such moves would be Lufthansa Cargo, but the message from this corner rings out loud and clear:
-We do not know about plans of denied overflight rights in Russia, nor do we comment on media speculation, says Matthias Eberle, Lufthansa Cargo AG Director Communications.
Western airlines pay some 300 mio dollars every year for the use of the air lanes gradually opened since the 70'ies, and the money is collected by Aeroflot, contributing to the carrier's top line.
With Russian media rumors, unconfirmed, of a potential stop or limitation on the lanes, Aeroflot's shares dipped sharply on Moscow Exchange.
If carried through at tall, the effects on the western airlines would be serious, indeed, but so far no authorized announcement has been made on the issue by any Russian agency.
One carrier to be affected by such moves would be Lufthansa Cargo, but the message from this corner rings out loud and clear:
-We do not know about plans of denied overflight rights in Russia, nor do we comment on media speculation, says Matthias Eberle, Lufthansa Cargo AG Director Communications.