The Minister of Transport announced the containment by Russian airlines of the increase in ticket prices

Russian airlines are managing to keep the price of air tickets under control despite rising costs and cutting subsidies, Russian Transport Minister Vitaly Savelyev said at a meeting with Russian President Vladimir Putin.

“The Ministry of Transport of Russia, together with the FAS, systematically monitors the cost of air transportation. Despite rising costs and a three-fold reduction in subsidies, our airlines manage to contain the growth in airfare,” he said (quote according to RIA Novosti).

On July 13, the Ministry of Transport, citing data from the FAS, reported that prices for air travel to domestic destinations in January-May 2023 increased by an average of 6.2%, or 420 rubles. for a ticket. The ministry’s statement was made after an appearance in RBC interview with Vitaly Vantsev, co-owner of Vnukovo airport and Azimuth airline. July 13 businessman predicted an increase in airfare prices by the end of the year by 15-20% on domestic flights and by 40% on international routes. The main reason, he said, is the increase in airline maintenance costs for aircraft following the imposition of Western sanctions in 2022.

At the end of June, RBC, citing Rosstat data, reported that by the end of May 2023, the average cost of an economy class flight in Russia was almost 7,000 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%.