Russian and CIS airline traffic growth will outpace global and regional GDP increases for the next 20 years, according to a Flightglobal Insight special report on the region's prospects.
The Russia & CIS 2013 commercial aviation report examines the principal opportunities and challenges that lie ahead for carriers based in this vast, resource-rich region. Together they hold firm orders for more than 400 aircraft, including the ultra-large Airbus A380s and Boeing 747-8s destined for Transaero.
Main carriers Aeroflot, Transaero and UTair are already expanding comfortably ahead of the EU average as they capitalise on business traffic fuelled by economic growth, as well as increasing demand for leisure travel. Deregulation is helping airlines to enlarge their networks, although the no-frills model has yet to take root, partly due to a heavy burden of bureaucracy and Russian consumer laws such as that requiring meals to be served on flights beyond a certain duration.
Among risks examined in the report are Russia’s declining population and potential airport infrastructure constraints.
Details of the strategic plans of Russian airlines and airports are provided through in-depth interviews with key executives, backed by infographics sourced from Flightglobal’s extensive fleet and financial databases.
Download a PDF version of the report here or click on the Flightglobal Pro Reports tab above.