1. Busines news

Another aviation low-cost airline may appear in Russia – Rambler / finance


S7 is discussing the possibility of creating a new low-cost airline. First, Vedomosti reported this with reference to sources, and then the information was confirmed by the group’s PR director Irina Kolesnikova in a comment for RBC. The business model is reportedly being evaluated and negotiations are underway with Airbus and Boeing to lease aircraft.
The widespread notion that almost all airlines are now on the brink of bankruptcy due to the pandemic is not entirely correct, says Viktor Gorbachev, General Director of the Airport Association of Civil Aviation, member of the public council at the Federal Air Transport Agency. The crisis has not affected everyone, he notes.

Viktor Gorbachev? General Director of the Civil Aviation Airport Association, a member of the public council at the Federal Air Transport Agency: “At the very least, they received from the state somewhere in the range of 20 billion rubles last year. Some regional airlines may be talking about bankruptcy. There are really complications and difficulties. Stopped the passenger flow that was. And these large companies, of which we have about seven or eight, which provide us with 80% of transportation, can get soft loans, they will be given it, this is not a trifle. These export flights are also paid: 70 thousand people from Turkey, for example, are also paid by the state. “

It was the low-cost airlines, or rather, Aeroflot’s Pobeda, that benefited from the crisis. And the owners of S7, first of all Vladislav Filev, are probably looking at this success with interest and want to repeat it, says Roman Gusarov, editor-in-chief of the Avia.ru portal:

Roman Gusarov, editor-in-chief of the Avia.ru portal: “If you look at the crisis situation, it is displayed completely differently in different airlines. And we see that low-cost airlines, in particular Pobeda, are showing very good results in terms of both traffic volume and profitability just against the backdrop of the crisis. Last year, despite the most severe crisis, which has not yet been in the history of civil aviation, Pobeda was the only one in the country who managed to earn a plus. Of course, this all leads to competition, and considering this, the decision of S7 seems to be quite reasonable ”.

The fact that Sberbank may become an investor in the new Russian low-cost airline was said by Transport Minister Vitaly Savelyev more than a year ago – though it was before the pandemic. However, it is not known on the basis of which particular company it was then planned to create it.
Comments to: Another aviation low-cost airline may appear in Russia – Rambler / finance

Your email address will not be published. Required fields are marked *