Global crediting rating agency Fitch Ratings has downgraded the long-term issuer default rating (IDR) of Moscow’s Domodedovo Airport to ‘BB’ from ‘BB+’, Finanz.ru reported last week.
In an accompanying note, Fitch explains that the downgrading is the result of “expected severe volume shock in 2020 driven by significant restrictions on...
The Russian government is mulling a complete ban on domestic travel, both by air and rail, in the face of the COVID-19 threat, RIA Novosti reported citing a source in the cabinet.
Further restrictions on all kinds of movements across the country are also being discussed, according to the state-run...
In what is seen as a bold move, the low-cost division of Russia’s Aeroflot Group, Pobeda Airlines has completely suspended its operations from April 1 to May 31, Vedomosti reported.
The budget carrier, already subject to the Russian government ban on all international flights, has now voluntarily decided to curtail...
The Russian government has instructed the Federal Air Transport Agency (Rosaviatsiya) to suspend all regular and charter flights on March 27, except for flights aimed at bringing Russians home, Vesti.ru reports.
The move followed a meeting on Wednesday of the government’s Coordination Council for the prevention of the coronavirus.
"Regular and...
The Ministry for the Development of the Russian Far East and the Arctic and the Federal Agency for Tourism (Rosturizm) will be developing cruise tourism in Russia's Far Eastern and Arctic maritime regions, and the two institutions are already working on a list of laws needed for this, B-port...
SIA JSC, the managers of Sheremetyevo International Airport, is taking unprecedented measures to prevent the importation and spread of COVID-19 infection in the territory of the Russian Federation, the airport's press service said.
Sheremetyevo Airport is closely adhering to all the directives and recommendations of the Russian government's emergency response...
Russia further restricted transport access on Sunday, banning a large amount of flights to and from foreign destinations. The move largely affects routes to secondary cities and holiday resorts, with most capital cities exempt, RT reported.
The exceptions are regular routes connecting the Russian capital with 146 foreign principal airports...
Since March 23, Russia has introduced new time restrictions on flights to countries where cases of new coronavirus infection have been identified, Rosaviyatsiya informs as cited by TASS.
As reported, flights to Turkey will be limited (only flights to Istanbul are allowed), Japan (only to Tokyo), Vietnam (only to Hanoi)...
The Russian Association of Air Transport Operators (AEVT) has pleaded with the country’s transport ministry to take urgent measures to protect Russia’s air transport industry from collapse amid the coronavirus crisis, Russian Aviation Insider writes.
The measures proposed include waiving value-added tax (VAT) payments, boosting state subsidies for regional air...
Sheremetyevo International Airport‘s Deputy Director General today announced that airport’s terminals E and C will close from March 20 on. All the flights that were handled by terminals E and C will be transferred to terminals D and F.
“From midnight, March 20, we close terminals E and C for...