Airline prices in Russia will rise due to high demand and lack of supply. Tourists will see a significant jump in prices this summer. Such alarming information was announced by Gazeta.ru with reference to the Associate Professor of the Department of State and Municipal Finance of the Russian University of Economics. Plekhanova Elena Voronkova.
“The demand for air travel in summer traditionally grows, while the supply has significantly decreased in the current conditions,” the financial expert clarified.
The expert noted that the costs of airlines depend on many factors. At the same time, prices have risen on everything from jet fuel to maintenance. “The current situation is very unstable. Sanctions are imposed on certain sectors of the economy, industries and companies in Russia, and this is reflected in almost every market. Under these conditions, the increase in air ticket prices will at best correspond to the level of consumer inflation,” the teacher explained.
According to her, only in the first eight days of April, prices in Russia increased by 10.57 percent, and to stabilize the situation in the aviation sector, aircraft that currently do not fly abroad can be directed to domestic flights, and the state may also announce new measures to support carriers.
Recall that at the beginning of the month, Russia's largest airline, Aeroflot, shares decided to reduce the cost of tickets for flights within Russia from the end of April to the end of May by 30-35%.
Earlier, Turprom wrote that “You can fly, but Russians are not jailed: a travel agent spoke about the crazy spring of 2022 for Russian tourists.”
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