Russian Airfreight Market is Entering Turbulent Zone

MOSCOW, Russian Federation - Feb. 26, 2015 - PRLog -- Tough economic situation in 2014 caused changes on both passenger air transportations and airfreight markets. In January – October 2013 freight turnover was equal to 4,119 MIO tonne-kilometer, for the same period last year it amounted to 4,179 MIO tonne-kilometer (+1,5%), which is evidence of practically zero airfreight growth. The analysts say that the market has tendency of reorientation for domestic transportations. In spite of the crisis business activity in Russia is growing and it is expected that the Russian enterprises will develop and become more competitive. But not many experts forecast such positive scenario.

“Import substitution is still a theory because the economy cannot change within several months”, emphasized Miroslav Zolotarev. He thinks that following the results of 2014 the dynamics of freight –traffic volume will be decreased but yet it will stay positive.

According to analytics’ opinion airline companies are in difficult economic condition what was caused by fluctuation of world currency, as well as by miscalculation of own business models. Airline companies are starting to decrease their costs. What means that the number of flights and employees will be reduces.

The experts predict that in 2015 the Russian airfreight market may face decrease of operational performance, particularly on the international lines. According to Miroslav Zolotarev’s estimates it is expected that in 2015 total number of flights will be decreased.

“As for airfreight I think that air carriers should cooperate with 3PL providers and add value for the product. Cooperation is the only way to undergo difficult economic situation”, convinces Miroslav Zolotarev.

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