Diagnosis of the Growth Model of the Russian Air Transportation Market: Bottlenecks and Directions of Development

Диагностика модели роста российского рынка авиаперевозок: узкие места и направления развития

Kaukin, Andrey (Каукин, Андрей) ()
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Kaukin, Andrey (Каукин, Андрей): Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: The consequences of the crisis phenomena 2014-2015 led, among other things, to a decline, and then stagnant output in many key sectors of the economy. The market of air transportation, both internal and external, also faces negative impact of the latest macroeconomic and political changes. On the demand side there is a general decrease in the number of passenger traffic due to a fall in real incomes, on the company's offers side facing rising costs of the aircraft fleet and spare parts as a result of changes in the ruble exchange rate, reduced ability to attract external funding, the general negative expectations of domestic producers, including in the aircraft building sector, the state's unsustainable policy regarding the taxation of oil and oil products production. In this regard, it is especially important to search for key factors that have a critical impact on the development prospects of the industry and the development of appropriate economic policy measures.

Pages: 62 pages
Date: 2018-06
New Economics Papers: this item is included in nep-cis, nep-ene and nep-tre
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