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9.1.3 Aviation sector news
In January, the Russian airline industry grew 6% y/y, to 9mn PAX. The rate of growth is gaining momentum, up 1pp since last month. RPK was at 24bn p-km, +9% y/y.
Aeroflot Group (AFLT RX) traffic was flat at 4.2mn PAX. Aeroflot Airlines' traffic declined 5% y/y as the company retired its outdated A330s, but low-coster
84 RUSSIA Country Report March 2020 www.intellinews.com