The average cost of flights in economy class from January to August 2019, increase by 24.1%, write “Izvestia”, citing data from Rosstat.
The rise in price of tickets was the highest since the crisis of 2008. Then, too, the increase was 24.1%. In previous years, the rise in prices from January to August was in the range from 2% to 19%. The average cost of economy class ticket per 1000 km of track annually (August to August 2018) grew by 18.3%.
Rosstat said that in August the cost of tickets is always at its peak. After they become cheaper until Dec. According to major aggregators — Aviasales, “tutu.ru”, OneTwoTrip, Biletix, the decline in prices has already begun. Air travel within Russia in October will cost 15-34% cheaper than in August, depending on the service booking, flight abroad — at 3-15%.
Despite the fact that in September–December, tickets will be cheaper, at the end of the year growth will be approximately 9-10%, predicted earlier “news” the Deputy Executive Director, Association of air transport operators (aato) Boris Shokurov. Operating losses of air carriers, according to the Association, for the first quarter of 2019 amounted to 45 billion rubles, and for the same period 2018 — 34 billion roubles.
The increase in the cost of tickets this year — a consequence of rising costs of the airlines for several years, including a sharp rise in the price of fuel in 2018, explained “news” the chief expert of the Institute of transport Economics VSHE Fyodor Borisov.
One of the reasons for the sharp rise in prices for kerosene in the past year was the high demand from the so-called “blenders” — companies that mix it with diesel fuel to obtain winter diesel, explained “news” the Vice-President of business development in Russia, CIS and Baltic countries the analytical Agency Argus Victor Doubles.
“This year the growth of prices for jet fuel was limited including increased attention to the market of a product by regulatory authorities, — said the expert. — In addition, in the first half was an agreement between oil companies and the government to freeze retail and wholesale prices for diesel fuel, which has reduced the margin of “the blenders”. Currently this constraint is missing, as from July the agreement is not valid”.
FAS is monitoring the situation with aviation fuel prices on the complaints of the airlines, has declared “news” in a press-Department service. There recognized that the cost of jet fuel is a serious issue, measures will be taken.
The Finance Ministry “news” reported that the Ministry of transport have not yet turned to them with a proposal for additional subsidies to airlines.
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