High Taxes Force Low-Fare Airlines To Rethink Business Strategies
Alexey Komarov (Moscow), Max Kingsley-Jones (London)December 06, 2010
Growth prospects in Russia’s low-fare airline sector aren’t what they used to be. The sector suffered a blow after one of the key players, Avianova, was forced to reduce the seating capacity of its aircraft by more than 10% due to a loophole in the country’s new import regulations. Meanwhile, rival...
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