Air transport will fall in price - jet fuel deduce the stock exchange

Aircraft Proizvodstvo11-06-2008 Air transport will fall in price - jet fuel deduce the stock exchange price of jet fuel has passed for all conceivable limits. Air transport is becoming less profitable. Solve the problem of rising prices for aviation kerosene invited First Deputy Prime Minister Sergei Ivanov. Already this fall, Aircraft fuel will be set up to trade in St. Petersburg Mercantile Exchange. Expert: exchange trading will not bring the desired result. Cause of the problems carriers lies not in it. Reference: From June 1 the cost of tons of jet fuel in Moscow airports grew by 13% and over 36 thousand rubles. Growth due to increased selling prices in refineries that pays the price for the Russian domestic market to international quotes. This is the fourth increase in a year. According to the Federal Air Transport Agency, from the beginning, the cost of jet fuel rose by 70%. Given the jump in jet fuel prices by 30% in autumn 2007, less than a year, its value is actually doubled. Ivanov noted that the high price of fuel seriously complicate the work of domestic airlines. According to him, in this difficult situation the airlines find it increasingly difficult to take on the additional costs of business development and invest in infrastructure projects, such as the organization of railway communication between Moscow and the center of the airport.