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Russia extends support programme for carriers to Nov-2020

Russia extends support programme for carriers to Nov-2020 Russia s Prime Minister Mikhail Mishustin signed (14-Dec-2020) an order extending the support programme for carriers affected by the coronavirus pandemic. Subsidies were previously available for losses incurred from Feb-2020 to Jul-2020 and will now become available for losses incurred from Feb-2020 to Nov-2020. The subsidy rate will also increase from RUB365 (EUR4.1) per passenger to RUB685 (EUR7.6) per passenger. A multiplier will be used for carriers working in the Far East Federal District. Subsidies will continue to be paid from the RUB23.4 billion (EUR261.0 million) sum allocated for the programme in May-2020. The subsidies can be used to pay personnel, leasing payments, and for aircraft parking, operational activities and property maintenance. [more - original PR - Russian]

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