The volume of lost revenue of Russian air carriers for one and a half months of flight restrictions to Turkey will be 17 billion rubles, counted at the request of the “merchant” in “VTB Capital”.
Operational headquarters of the Russian government to combat Coronavirus 12 April suspended flights to Turkey from April 15 to June 1, with the exception of exporting flights.
In “VTB Capital”, they base their calculations on the assessment of the passenger traffic between the two countries in 1.5 million passengers until June 1. “The lost profits can be a little less than 1 billion rubles during this time,” Elena Sakhnova analyst believes.
With this assessment, CEO of Friendly Avia Support Alexander Lanetsky agrees. He recalled that, according to Ator, tours to Turkey were acquired by almost 600 thousand Russians before the end of May – more than 1.2 million air tickets back. Another 100 thousand inorganized travelers were going to visit the country alone.
“Even with very modest $ 10-20 profits from each passenger – this is $ 10-20 million lost profits. In reality, this amount may be higher,” said Lanetsky.
Source “Kommersant”, close to the Commercial Department of Victory, assesses the lost carrier’s affected revenue by more than 500 million rubles. It also emphasizes that the direct costs of the airline on the organization of export flights from Turkey will exceed 50 million rubles.
“No domestic and international direction can compete on passenger traffic with Turkey,” said Oleg Panteleev, executive director of the airport.