Aeroflot Eyes 40% Decrease In Fares With Russian Deregulation

Discussion in 'Blogstand' started by Prior2Boarding, Jul 13, 2014.

  1. Prior2Boarding

    Prior2Boarding New Member

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    Photo Credit: Sergey Kustov On Sunday, Aeroflot, the Russian state air carrier, predicted that the last obstacles to its ability for low-cost air travel throughout Russia will soon be lifted. According to the airline, the last two obstacles that prevent airlines for charging for food and for baggage will soon be lifted. A prediction that will pave the way for significant decreases in the cost of air travel. The airline has said that if these regulations are lifted, the cost of fares will decrease by up to 40%, something Aeroflot says will be a big win for consumers. The statement was made ahead of this year’s ever important Farnborough Airshow. The Russian government has shown a willingness to begin to deregulate its airline industry. Most recently, the government got rid of laws that prohibited hiring foreign pilots and preventing airlines from selling non-refundable fares. These laws were revoked shortly after an announcement of a launch of a low-cost carrier sponsored by the Russian state airline called Dobrolet. In an interview with Reuters, chief executive Vitaly Saveliev said, “These are the laws that will allow Russia to have low-cost airlines which will operate under the same rules as those in Europe [...] The post Aeroflot Eyes 40% Decrease In Fares With Russian Deregulation appeared first on Fly2Travel.

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