Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

Airlines have found an option to restrain ticket prices

Airlines have found an option to restrain ticket prices
Photo: pixabay.com

Russian airlines have offered the Cabinet a new option to contain ticket prices. Carriers announced the possibility of using a damper - a compensation mechanism from the treasury in the event of sharp surges in the cost of kerosene. They want to lower the damper bar from 48,3 thousand to 40 thousand rubles per ton, as it was in the 2017 year.

In July this year, the State Duma adopted amendments to the Tax Code on adjusting the damping mechanism to stabilize gas and diesel prices in Russia. From August 1, they intended to introduce a damping mechanism with respect to jet fuel.

It allows you to receive subsidies from the budget if the export cost of jet fuel taking into account customs duties and logistics costs exceeds 48,3 thousand rubles per ton. However, as they say "News", the price of export deliveries in August of this year was less than this value - at the current price of fuel, air carriers have no chance of receiving material support.

At the end of the year, the industry expects a record loss. Over the past six months, it has already amounted to 52 billion rubles - this is more than for the entire 2018 year.

According to the Ministry of Transport, for the first half of this year, the price of air tickets increased by 7%. They can rise in price by 9-10% to last year's figures. To keep ticket prices down, airlines are asking for additional funding from the federal budget. They need almost 30 billion rubles.

December 6: current information on coronavirus in the Far East
Digest of regional events and latest statistics