newstodate.aero
Nov 21, 2018 (newstodate): According to Russian media, the country's airlines are facing a crucial year in the red.
Estimates are that the airlines will end up with a common deficit around almost 40 bio Rubles in 2018, due to a number of factors.
One point is rising jet fuel prices, and after the first nine months of 2018 the loss in operating revenues stood at over 19 bio Rubles.
Revenues from domestic flights were especially hard hit, almost seven times deeper than previous years and close to 35 bio Rubles during the period.
Estimates are that the airlines will end up with a common deficit around almost 40 bio Rubles in 2018, due to a number of factors.
One point is rising jet fuel prices, and after the first nine months of 2018 the loss in operating revenues stood at over 19 bio Rubles.
Revenues from domestic flights were especially hard hit, almost seven times deeper than previous years and close to 35 bio Rubles during the period.