The co-owner of Vnukovo predicted a 40% increase in air ticket prices this year

The increase in prices for air tickets for international flights this year can be up to 40%, and for domestic flights – 15-20%. About it in an interview RBC told Vitaly Vantsev, Chairman of the Board of Directors of Vnukovo Airport.

“I think that there will be an increase of about 15-20% on domestic flights, and up to 40% on international flights. <...> They have [авиакомпаний] costs have increased significantly, especially the cost of maintenance [самолетов]”, – he said.

Vantsev also warned against thinking that airlines are taking advantage of rising airfare. He recalled that the cost of tickets is reflected in the increase in prices for spare parts. “We have spare parts warehouses that allow us to exist more or less normally for about a year, and then they need to be replenished. But the conditions for their replenishment have changed a lot,” added Vantsev.

At the end of June, RBC, citing Rosstat data, reported that by the end of May 2023, the average cost of a flight in Russia in economy class amounted to almost 7000 rubles. per 1000 km, which is a record since 2000. Since the beginning of the year, the cost of air tickets within Russia has increased by 32%.

At the same time, the Federal Antimonopoly Service reported that it was monitoring the price dynamics of economy class tickets on more than 500 routes. According to the agency, in April 2023, ticket prices increased by 4% compared to the same period last year. The FAS also recalled that in 2022, airlines often held sales.