Putin, Rouhani stress importance of joint efforts in settlement of Syrian conflictRussian Politics & Diplomacy May 27, 14:32
Federatsiya spacecraft’s first flight may be rescheduled to 2022 - sourceScience & Space May 27, 14:29
Zbigniew Brzezinski dies at age of 89World May 27, 6:57
More than two-thirds of Russians say would like to venerate St Nicholas’s relicsSociety & Culture May 27, 6:40
Russian space budget may grow this yearScience & Space May 26, 20:48
Moscow hopes London High Court will deliver judgement on Ukraine’s debt to Russia soonBusiness & Economy May 26, 20:21
Hungarian top diplomat: EU must discuss anti-Russian sanctionsWorld May 26, 19:56
Russian, French top diplomats discuss preparations for Putin’s visit to FranceRussian Politics & Diplomacy May 26, 19:47
Moscow comments on Tallinn’s move to expel Russian diplomatsRussian Politics & Diplomacy May 26, 19:43
One of the major barriers for a low-cost airline entering the market is the requirement to have at least eight planes for regular flights. “Current regulations…are overstated and represent an almost impassible barrier for a new state company to enter the market,” the university said in the report.
Such a large aircraft park will generate only losses during the first one or two years of the company’s operation, the university said.The other two major barriers are the company’s impossibility to carry international flights in the first two years of existence and restrictions on attracting international investment, as domestic owners must have control over any airline registered in Russia under current law.
Russia has made three attempts to launch a low-cost airline: Sky Express in 2006, Avianova in 2009 and Dobrolyot, a unit of national flag carrier Aeroflot, in 2014. Sky Express later became a usual airline, Avianova ceased operations in 2011, while Dobrolyot had to cancel its flights in July after the E.U. imposed sanctions on the company.
In August, Aeroflot said it plans to create a new low-cost affiliate, which can start flying from October 27, to replace the sanctioned Dobrolyot.