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MOSCOW (Reuters) - Demand for domestic air travel is rising in Russia but not nearly as strongly as fuel prices, squeezing airlines’ still-brittle finances, as competition between carriers helps to rein in fares.
FILE PHOTO: Planes of Aeroflot and Rossiya Airlines are seen parked at Sheremetyevo International Airport, as the spread of the coronavirus disease (COVID-19) continues, outside Moscow, Russia April 8, 2020 REUTERS/Tatyana Makeyeva
Airport fuel prices have returned almost to pre-crisis levels after having fallen close to 2016 levels early last year as airlines grounded their fleets in April during Russia’s first and only lockdown, which ran until June.