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Air carriers warned of impending ticket price increase - EastRussia | Far East

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Air carriers warned of an upcoming rise in price of tickets

Air carriers warned of an upcoming rise in price of tickets
Photo: pixabay.com

The cost of air tickets following the results of the 2019 year will increase by 9-10% compared to the previous year. Such a forecast was given by Boris Shokurov, Deputy Executive Director of the Association of Air Transport Operators (AEWT).

As reported "News"last year, operating losses of air carriers amounted to about 54 billion rubles. At the same time, in the first quarter, airlines already lost 45 billion rubles - an increase of 32% over the same period of the 2018 year.

Airline prices will increase due to a sharp increase in the cost of jet fuel and a continued increase in the prices of airport services. Since the beginning of the year, the cost of kerosene, according to Boris Shokurov, has grown by 1,5-2%, but over the past year the growth exceeded the threshold of 30%.

One of the key support mechanisms for airlines, which should help restrain ticket prices amid rising fuel costs, should be the kerosene damper. However, the threshold set by the Cabinet in 48,3 thousand rubles per ton is too high - the damper conditions will not allow airlines to receive compensation.

The Ministry of Finance notes that Russian airlines will be able to count on payments under the damper if oil goes up to 65 dollars per barrel. At the same time, the damper is only one of the measures to support carriers. From 2015 of the year they receive compensation for the purchase of kerosene - 3 024 rubles per ton.