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Belsat's article[1] is a bit more detailed and I found this fragment interesting: >According to Andrei Kramarenko, a leading expert at the Institute of Transpo
by xeeeeeeeeeeenu 2y ago
Belsat's article[1] is a bit more detailed and I found this fragment interesting:
>According to Andrei Kramarenko, a leading expert at the Institute of Transport Economics of the Higher School of Economics, passenger traffic in Russia has almost stopped growing due to insufficient supply. In September, Russia's Ministry of Transport revised its annual forecast to last year's level of 103 million passengers carried by aircraft.
>Seat occupancy on Russian passenger planes this summer reached 93-95 percent. The expert believes that the situation will fail to improve next year, which may prompt airlines to simultaneously reduce average annual flight times and maximize redistribution of their share of seat supply toward the summer when effective demand and ticket margins are several times higher.
So basically it seems that their airlines are stretched thin.
[1] - https://en.belsat.eu/83600150/russia-half-of-airbus-a320-and-a321neo-grounded-due-to-lack-of-engines-kommersant https://en.belsat.eu/83600150/russia-half-of-airbus-a320-and...
- slater 2y agoIs a ~95% seat occupancy considered bad...?
- jhugo 2y agoThe comment you replied to says that they can’t meet demand due to insufficient supply (due to grounded aircraft). Very high occupancy is consistent with that. If Delta suddenly had half as many aircraft they would always be full too.
- rtsil 2y agoIt's bad if half of your fleet is also grounded.
- slater 2y agoGotcha, thanks!
- hammock 2y agoCounterintuitively, yes, because air travel is a Cournot good and you grow/make money by expanding supply (more planes), which they can’t
- sedan_baklazhan 2y agoWhich they can, because Russia produces aircraft domestically.
- the_mitsuhiko 2y agoIn theory yes, in practice deliveries of domestic aircraft have stalled. The Sukhoi Superjet 100 for instance hasn't had a delivery in 2 years and I think the Tu-204 also did not get any deliveries though they expected some this year. It is however also very hard to find out what exactly is going on, because the information regarding civil aviation is quite restricted nowadays.
- unsigner 2y agoBarely. The Sukhoi Superjet trickles out of the factories, and the other two projects have been delayed again and again.
- ivan_gammel 2y agoThey have a big problem with producing modern engines and won’t catch up with the demand without Western suppliers for at least a decade, which means that in a couple of years this is going to be a huge problem.
- slater 2y agoGotcha, thanks!