5 Sep 2019 18:40

Russian Transport Ministry promises to prepare airfare control measures by Oct

VLADIVOSTOK. Sept 5 (Interfax) - The Russian Transport Ministry will prepare airfare control measures by October, Minister Yevgeny Ditrikh told journalists on the sidelines of the Eastern Economic Forum.

"Today, here, on the sidelines of the forum, we held consultations with our air companies, with Aeroflot and other airlines, in order to adopt additional measures to curb rising prices. I think we'll develop a complex of such measures by the end of September," Ditrikh said, without specifying what measures are being considered.

"We'll try to undertake every measure [possible] to make sure this growth, if it's higher than inflation, isn't much higher. We discussed some of these positions yesterday at the State Council, as well. I really believe that these measures will also allow us to keep ticket prices right within this range," he said.

Yesterday, the head of the Transport Ministry's Department of State Policy in Civil Aviation, Svetlana Petrova, said airfares in Russia rose 7% in H1 and that the change in 2019 as a whole will depend on jet fuel prices.

On Wednesday, President Vladimir Putin also noted that airfares are rising faster than inflation.