Russian passenger numbers fall 16.5%

By Administrator |

Russia's Federal Aviation Agency (FAA) has reported a 16.5% fall in passenger numbers between January-July, pointing to a weaker rouble and rising employment as key factors for the decline.

The country's economy is presently undergoing its first contraction in ten years and the weakened rouble has made foreign travel less affordable for many Russians.

Last July's summer travel season saw national airline passenger numbers fall by 10.8% to 5.25m compared with last year, although this was 14.% up on June.

The Federal Aviation Agency also acknowledges that many of it airlines are now struggling.


Winners revealed: Global Travel Retail Awards 2023

The winners of the 2023 Global Travel Retail Awards were announced at a glittering ceremony at...


‘Go further with collaboration’, hear attendees

TR Sustainability Week 2023 live sessions kicked off on Tuesday* (5 September) with keynote...


Heinemann seals Ryanair inflight contract extension

Gebr. Heinemann has extended its contract with low-cost carrier Ryanair to operate its inflight...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend