Airlines stabilizing the fall
Release Date: 2009-07-30
Source: KommersantThe air transport statistics over 1H 2009 in Russia shows a slowdown in market fall that reached only 13.4% in June as compared to the average 20% fall in the first months of the year. Analysts claim it’s temporary; in autumn the market is to start falling again.
On the previous day, Rosaviatsia (Federal Air Transport Service) published the statistics for June and 1H 2009. According to the given data, in the first 6 months Russian airlines transported 18.75 mln passengers (a 18% fall as compared to 1H 2008). In June, the volume of air transport was 4.62 mln passengers, only 13.4% less than in June 2008. This shows that the fall slowed down considerably as compared to the beginning of 2009 when the passenger flow was falling 20% monthly on average.
A better market situation allowed four of 10 largest airlines show growth: Transaero is having a 2% bigger transportation volume second month running; UTair’s transportation volume grew 6.4%. According to Andrey Martirosov, General Director of UTair, this growth is the result of an optimized route network and aircraft fleet as well as a larger number of transit passengers through Vnukovo.
Two Rostekhnologii companies also showed growth: Orenburg airlines (+77%) and Vladivostok Air (+35,8%).
GTK Rossiya showed the fastest - 27.7% - fall rate over June. Other airlines with falling figures remain the same: Sibir (S7, with a major part of passengers switching to the affiliated Globus) and VIM-Avia (with lenders suing for a few hundreds of millions of rubles).
| Type: | NORMAL |