Page 85 - RusRPTAug19

Previously market participants already warned that declining consumer confidence and incomes will drive Russian passenger and LCV sales to decline by 3-10% in 2019, Reuters reported on June 24 citing the survey of industry unions.
Moreover, recent reports also claimed that Russian car market could be shrinking faster than the industry data suggests, with a real decline in car sales at 18% in May 2019 if accounted only for actual sales by the car dealers.
9.1.3 Aviation sector news
The combined passenger traffic of Moscow airports grew 10% on the year to 8.7mn people in May, the Federal Air Transport Agency said in a statement on Friday. Sheremetyevo’s traffic rose 12.7% to 4mn people, Vnukovo’s traffic increased 20.9% to 2.14mn people, and Domodedovo’s traffic fell 1.4% to 2.5mn people. In January–May, Moscow airports’ traffic rose 9%
85 RUSSIA Country Report August 2019 www.intellinews.com