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Date: 7 months ago   Category: Companies

Sberbank and VTB will create joint airline


It is supposed that it will be regional carrier, and in the market it will appear not earlier than 2019. The planned passenger traffic — up to 10 million people in a year of the Photo: depositphotos.com Sberbank and VTB will create airline. According to Vedomosti, it is about regional carrier which will appear in the market not earlier than 2019. The planned passenger traffic — from 6 million to 10 million people a year. For comparison, the passenger traffic of group of S7 Airlines last year exceeded 14 million people.

a Number of aviaexperts believe that the idea on the organization of carrier is connected with May Decrees of the president — by 2024 to make so that the share of internal flights not through Moscow occupied a half of in-Russian flights. But this was not about creation of carrier, the editor-in-chief of the Avia.ru portal Roman Gusarov says. According to him, the Russian aviation market does not need one more airline: Roman Gusarov the editor-in-chief of the Avia.ru portal "Is enough to invest only in infrastructure, in reconstruction of the airports and to create conditions for development of already existing regional airlines which in the country very much and there is a lot of, but they vegetate, in fact, today in a beggarly state as the market of air transportation does not allow them to develop. Solvency of the population low, people are not ready to pay actual market price for air flights. There are no planes in the market domestic, regional, and foreign are extremely expensive, and, in fact, conducting business in this segment has today no absolutely logic and sense. On this background when just it does not make sense to be engaged in this business, banks which perfectly earn from the direct kind of activity suddenly decided to invest in regional aircraft? But same it is illogical. They gave and give the credits to airlines, the companies return them these credits with percent. Why now to be engaged in it in business which if does not make bankrupt them then will precisely take out considerable money from a pocket? There is no business logic in this decision". Joint VTB airline and Sberbank — obviously not the commercial project, the independent analyst Dmitry Adamidov says: Dmitry Adamidov is an independent analyst "If we remember history of Transaero, then Sberbank and VTB were her largest creditors who as a result of most of all money and lost. If to speak about aircrafts, then there Sberbank is leasing, VTB is leasing. These are the largest players in the market. Therefore here just decided to simplify, probably, a situation that they would be shareholders at once, would control cash flows and already more densely influenced management of this company. And in fact, it is interregional carrier powerful for a long time, or one, or a little, or holding, somehow, but it is a segment non-profitable and, in general, here such classical private business has no in general chances. The aircraft — in general low marginal branch, and here also regional transportations which have to be, both social and there small loading is enough. It beautifully sounds, but they fly on such route

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