The X International Forum

Arctic: today and the future

December 10-12, 2020, SAINT PETERSBURG


Far East and Arctic airlines will receive state support


Far East and Arctic airlines will receive state support

Yuri Trutnev, Deputy Prime Minister of the Russian Federation and Plenipotentiary Representative of the President in the Far Eastern Federal District, has given the relevant instructions to the federal agencies after the operational meeting with heads of the Far Eastern regions.

Due to the pandemic, the air transport industry faced the tremendous and unprecedented reduction of passenger traffic, growth of operational costs and appeared to be among the most affected sectors of the economy. “The volume of air traffic in the Far East has significantly decreased. Companies suffered losses, which affected their financial position and the lives of industry’s workers. At the same time, the amount of funds allocated to compensate for losses is not sufficient as the cost of aviation fuel is high”, noted Yuri Trutnev.

After the meeting the Minister instructed the Federal Air Transport Agency (Rosaviatsiya), Ministry of Economic Development of Russia and Far East and Arctic airlines to analyze the effectiveness of support measures, provided to air carriers, and submit proposals for the introduction of additional support to ensure uninterrupted operation of airlines. “It is necessary to analyze the amount of funds that must be provided from the federal budget to support the air carriers. As a result of the analysis, the proposals for support measures should be developed and a report should be submitted to the Government. The traffic of the transport shouldn’t stop as it is absolutely impossible”, said Deputy Prime Minister.

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