Russia can pay 23.5 bln rbl to airlines for jet fuel price rise - News Search - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russia can pay 23.5 bln rbl to airlines for jet fuel price rise

MOSCOW, Oct 17 (PRIME) -- The Russian Transport Ministry offers to compensate 23.5 billion rubles of higher jet fuel prices to airlines, Deputy Minister Alexander Yurchik told reporters on Thursday.

УThere is no final figure, we need to justify it. There were various proposals, we offered to compensate 23.5 billion but time flies, the deadline and inflation have changed. So maybe this figure will rise to a certain extent, this is an issue of calculation,Ф Yurchik said.

President Vladimir Putin earlier ordered the government to allocate money to compensate additional costs of airlines due to jet fuel price growth.

Yurchik said that airlines cannot compensate the losses fast enough because they are limited by demand, which does not change, and by market competition.

(64.3455 rubles Ц U.S. $1)


17.10.2019 13:15
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 86.5011 -0.7242 05 aug
USD 73.3806 -0.7780 05 aug
Stock Market Indices
1D 1W 1M 1Y
rtsi 1259.47 +0.16 18:40 04 aug
micex 2940.46 +0.36 18:50 04 aug
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 183.60 +0.55 23:49 04 aug
lkoh 5037.00 -0.99 23:49 04 aug
rosn 356.45 -0.13 23:49 04 aug
sber 226.72 +2.32 23:49 04 aug
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 86.7700 +0.2700 14:59 04 aug
USDTD 73.5700 -0.5500 17:44 04 aug