After hitting bottom in April, Russian airlines’ traffic surged 28 per cent in May, the country’s aviation authority Rosaviatsiya reports. According to the preliminary data, operational figures for Russia’s five largest passenger carriers, S7 Airlines led the market for the second month in a row, Russian Aviation Insider writes.
However, state—owned flag carrier Aeroflot has...
Hungarian low-cost carrier Wizz Air has finalized its plans for launching its first operational base in Russia. As soon as this coming September the airline will start operating one of its Airbus A320s from St. Petersburg on 11 European routes, five of which were premiered yesterday along with the...
The head of Russia’s sovereign wealth fund Kirill Dmitriev sees no point in extending strict global oil output cuts as world economies and oil demand recovers from the depths of the coronavirus crisis, he told the RBC Daily newspaper.
The comments from Dmitriev, who is one of Moscow’s top negotiators...
Russia has documented 7,972 cases of COVID-19, a disease caused by the novel coronavirus, in the past 24 hours, with the total amount of documented cases reaching 569,063, the anti-coronavirus crisis center informed reporters on Friday, TASS reports.
For three days running, the amount of new cases has not surpassed...
This year’s first launch of Gonets telecoms satellites atop a Soyuz-2.1b carrier rocket has been scheduled for September 20, a source in the Russian space industry told TASS on Friday.
"September 20 has been tentatively scheduled for this year’s first launch of Gonets satellites," the source said adding that the...
Active cooperation of Russia and China over the fight against the coronavirus pandemic will continue, Russian Ambassador to China Andrei Denisov said Friday in an open interview with TASS First Deputy Director General Mikhail Gusman.
"Since effectively the first days of the outbreak, it has become clear that international cooperation...
The price of futures contracts of Brent crude oil for August 2020 delivery went up by 1.3% on London's ICE on Friday reaching the figure of $42.05 per barrel, TASS reported.
Russian market indexes ended the trading session on Thursday in the red on the back of the continuing uncertainty...
India’s air forces are planning to order 21 Mig-29 supersonic fighter jets from Russia, the Economic Times newspaper reported Friday, citing military sources.
"The IAF is seeking to urgently procure 21 additional MiG 29 fighter jets from Russia to add to its three squadrons of the type already in service....
No final decisions have yet been made to change the personal income tax rate, its increase for wealthy Russians is one of the topics under discussion, Kremlin spokesman Dmitry Peskov told reporters on Thursday, according to TASS.
"Due to the difficult situation, there is a constant exchange of at...
Russia has drafted a support plan for Aeroflot where the government and state bank VTB would buy into a new share issue by the country’s biggest airline, which has been hit by the coronavirus crisis, two sources with direct knowledge of the plan told Reuters.
The Russian Direct Investment Fund (RDIF)...
