In the coming days the attention of market participants are likely to be concentrated in the telecommunications sector

January ended for domestic stock indexes rise: MICEX increased by 3,61%, RTS added 2,01%. However, this was achieved, mainly shopping after returning from the Christmas holidays. Last week was marked by no pronounced dynamics, the major indices on the basis of the last five trading sessions, closed raznonapravlenno, but without significant changes.

This stems from the likely was the lack of clear positive signals from the incoming messages. On the one hand, the prospects for the U.S. economy and a number of fairly strong corporate records held by the “bears” on the active offensive. On the other, fear of stricter regulation of the banking sector, as discussed at the World Economic Forum in Davos, as well as cheapening oil did not give serious cause for the game to improve.

However, except, apparently, was a report on U.S. GDP for the IV quarter of 2009 Estimates of the growth of the U.S. economy far exceeded the forecasts that, despite the likelihood of downward revisions in the future, encouraged by both domestic and European sites. On Monday, the news may well continue to provide market support.

However, this week we will have a lot of new macroeconomic publications, which should provide data on business activity in industry and services in different countries, meeting of the ECB and the Bank of England, which terminated on Thursday, and, of course , the traditional Friday and report on the U.S. labor market over the past month. Foreign corporations will continue to sum up 2009, but European banks have to hold off reporting, which will reduce the influence of corporate statistics on the dynamics of the indices.

In the coming days the attention of market participants are likely to be concentrated in the telecommunications sector. This week, officials of Svyazinvest intends to return to the issue of inter-operator exchange of shares for shares of Rostelecom in the reorganization of the holding. Final decisions are unlikely to be expected, but speculative interest in the securities MRK can be quite high.

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External background moderately negative for the market of Rd16ussia, America closed lower, Asia traded mostly down

Good day. Week ended on a moderately positive wave. The MICEX Index on Friday added up to 0,92%. Trading activity fell to a minimum for the last four trading sessions.

Most of the Friday market is held in the ranges 1390-1400, 1400-1410 items. Later in the afternoon followed by the purchase, enabling the closure of bidding in the 1420 points.

possible in the course of trading last week, was formed at the bottom of the 1370 points. At the moment, consider two options - to the continued growth 1420-1430-1450 items, or fluctuations in the 1390-1420 points.

In the region of 1430-1450 points forward to the formation of an attempt to resume the downtrend.

output below the 1390 points the market will return in the range of 1370-1390, increasing the chances of decrease with the objectives of 1340, 1300 points on the MICEX.

U.S. stock indexes closed lower on Friday. The worst of the market felt the oil and gas sector, helped by lower commodity prices. The initial impulse sales had asked a high-tech sector, with investors disappointed by the weak forecast from Qualcomm and Motorola.

Asia is trading today, a moderate decrease. The biggest sales observed in the stock market in China, due to fears of tighter monetary policy.

Futures on the SP 500 moves in the region of 1070 points. In the absence of fresh negative news expect rebound from this level, an attempt to return to above 1080 points. In the case of breakdown in 1070 points following levels of support are located at 1060, 1040 points.

Futures Brent oil traded near support at $ 71, where you can expect labor-local “double bottom”. The first floor was delivered 10-14 December.

So, on Monday, will probably start with a gap down, which may want to use for purchases in the calculation of futures rebound on SP 500 and oil. The basic level of support on the MICEX Index is located at 1390-1400 points.

motion last week we looked at as a rebound in the formation of a downward trend, which involved the use of growth for the game for a fall. However, while the MICEX index traded above 1,390 points, we recommend to play to improve, resuming sales in the area 1420-1430-1450 points.

Futures on RTS Index closed the evening session at 145 700 points. The basic level of support - 143 000-144 000 points. Resistance - 150 000 points.

Today on the course of trading will affect the following data:
- 16.30 Moscow time income /expenditure of U.S. consumers in December;
- 18.00 Moscow time index of business activity in the manufacturing sector in January, the cost of construction in December.

The main news of the week will be published on Friday - Comprehensive data on the labor market in the U.S. in January.

External von moderately negative. America closed lower, oil and gas sector is worse than the market, the financial sector is moderately better than the market. Asia traded mostly down.
The final recommendations:
Investors - cut position “;
speculators - “play to improve”.

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Analytical review of the Forex market a week from 25 to 29 January

Previous week you can probably write to the credit of the U.S. dollar: the currency was achieved several months highs against not one of his competitor.

Beginning week was relatively calm, except for significant breaks on currency pairs with the Japanese yen on rumors of an impending pereutverzhdenii Benjamin Bernanke for a second term as Fed chairman, and attempts to become stronger competitors USD on expectations of favorable data on the GDP of Great Britain and good news from Greece, which tries to solve problems with their debts (Greece”s decision to go for syndicated loans has found the response from the major banks).

clearly strengthening the position of the dollar in the market started on Tuesday when it became known that the Central Bank of China has asked yet some banks to increase their foreign exchange reserves due to the large volume of lending, and others - to stop granting credits to the end of the month. This fundamental data from Europe did not manage to help European currencies. Although the indices of the German research institute Ifo, and were generally better than expected, release of GDP figures for the UK in the 4 th quarter, which was entrusted with so much hope before, definitely disappointed: 0.1 instead of 0.4%, which led to a sharp drop pounds almost 150 points.

At the same time on any news from the U.S. investors reacted to buy dollars: it appealed to him as a currency of refuge in bad data (which, of course, include the dynamics of sales of housing), then recalled the traditional correlation of “good data (eg, an indicator of consumer confidence) - to buy foreign currency.

The main event of the same week was the publication of the U.S. Federal Reserve decision on their interest rates. Interest rates, as predicted, were left unchanged, but the general tone of the Fed statement was positive for the USD, despite the recent release of disappointing economic data - the Fed expressed its intention to adopt a policy of low interest rates for “extended” period of time. Thus, the euro for the first time since July last year, went below 1.4000 and the dollar /franc rose to 1.0524. A pair USD /JPY, which began day above 89.50 and who tried for a while to fall even lower after the release went upstairs and had almost closed above the level of 90 yen per dollar.

If it were not for the handicap, received the British pound during the active trading in Europe, GBP has also completed a day lower, but the words of the representative of the Bank of England that “the economy of the country, perhaps, grew more than the estimates published in the week” led to otboyu pair GBP /USD from 1.6100, and attempt to rise up to 1.6250. However, these speculative British mantras was not destined to operate for a long time: the emergence of markets rational American members of a pound, as other currencies with relatively high base rate began a gradual downward movement and do not deviate from the path chosen before the closing day.

negative expectations for the debts of Greece and Portugal still continued a depressing impact on the traders on Thursday and Friday, keeping the situation tense in the euro area. Even during the Asian trading session Thursday, the euro had dropped to a mark 1.3936, while the Swiss franc noted at 5-month low 1.0554. An attempt to recover the euro led to a maximum of 1.4047, but unfulfilled forecast for German unemployment (8.2%) re-fixed the single currency to the south, and this downward movement continued on and after the release of news in the U.S., where the volume of orders for durable goods increased by only 0 , 3% (estimated 2%), and the number of initial applications for unemployment benefits totaled 470 thousand (estimated 450 thousand).

The FTSE opened up a significant gap in the continued rally in Asian stock markets, triggered by a reaction to Obama”s first ever annual appeal to the U.S. Congress. In the stock has positive things to grow the British currency, even during the European session, the pound reached a week maximum on a mark 1.6274. However, throughout the momentary coming to an end, and after the publication of the rating agency Standard Poor”s that the British banking system can no longer be considered the most stable in the world, the fate of a pound before the end of the week turned out to be foregone conclusion: mark on Thursday at 1.6111 on Friday formed a 3 pound -week low against the dollar at around 1.5982. Read More »

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German officials offered to buy the attention of “tax deviators” for 2,5 million euros

tax officials in Germany suggested the data on fifteen hundred citizens of the country, which is expected to evade payment of taxes and keep their savings in Swiss banks.

About it reports Reuters. Relevant information was confirmed in government circles in Berlin. The man, whose name has not been disclosed and who is willing to provide such data requires for them 2,5 million euros, according to an article published in the German newspaper Frankfurter Allgemeine. Experts believe that after receiving this information, the State should be returned to the order of 100 million euros, which is not missing from the tax authorities. Minister of Finance of Germany Wolfgang Schauble has not yet decided to go to the proposed transaction.

It further notes the Frankfurter Allgemeine, informant has already transferred the data on the five owners of bank accounts in Swiss banks in order to prove the authenticity of the information available. Read More »

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Sorokagradusnaya basis statehood

Russia has once again decided to overcome the green dragon …

struggle for vodka remained a cornerstone of nationhood throughout Russia”s history.

Rollback regally

Russia”s state tries to control the production of alcohol as long as there is a Russian vodka - that is, from the time of Ivan III. Collection of land was very expensive pleasure. Meanwhile, monastic know-how, despite the relative novelty, has already begun to yield good profits holder. Grand Duke of Moscow tried to take him under control and nearly 1474 introduced a state monopoly on the sale of vodka. However, in the fight against the green dragon won, of course, snakes. ” Though not with God”s help, but not without the knowledge of: Church vodka lobby successfully defended their rights until the end of the reign of Ivan III in 1505.

quarter of a century later, his formidable namesake for a short time all the same trafficking vodka concentrated in the hands of the authorities. But the illegal manufacture and sale of alcohol did not stop never, despite the stringent measures taken by States to the moonshiner, or at the then terminology korchemnikam. And with legal sales are not everything went smoothly. By the beginning of XVІI century formed Taxed system. Governors have been strictly instructed to ensure that all trade was concentrated in the king”s taverns, and the violators to take the most stringent measures. Gives priority to annual growth in revenue to the treasury, and if it is provided, the Moscow audit inspections did not stick. The super-profits guaranteed at all stages of implementation. Be short, for example, local authorities have a couple of tons of grain, bread intended, korchemnik of him throw the moonshine, and state-owned tavern will take the implementation of a bucket or two, but credit pour. As a result, a number of areas have repeatedly disrupted agricultural activities: farmers have continued to “celebrate.” Bread has been missed, and the inability to pay debts caused in some cities, “excise riots.

They, of course, suppressed, but the authorities became clear that something needs to be addressed. Tsar Alexei Mikhailovich in 1652 convened a Zemsky “Cathedral of the taverns, which attempted to introduce a second vodka monopoly. Taxed system was abolished, and in taverns prohibited from trading in credit and barter. But trips to Eastern Europe so devastated by the treasury, that within ten years paying off the system had to be restored. In the short reign of his son Fyodor Boyarsky mnogoderzhavie “still managed to bring relative order in this area, though, and came not out of the public interest. Introduced by contract for sale of vodka to the state at a predetermined price. Contractors were big landlords - actually, the same nobles, who concluded a written contract with the State. Income of the state was the difference between the receiving and selling prices. So corruption from top to bottom corruption complicated life.

foundation empire

however, Peter I, desperately in need of funds to build an empire and military carpentry work in Europe, in 1705 once again reminded of paying off the system. What he needed was a reliable source of funding, therefore, relegated to pricey. In an effort to offset the costs, manufacturers raised prices and reduced product quality. Fearing a repetition of excise riots, in 1716, Peter allowed to freely engage in distilling, typing at the same time taxes on production volume and capacity of equipment. Perhaps, since the alcohol policy has become a major component of any image of Russia”s sovereign and head.

the way, Catherine II of state control over vodka production declined, and also for the good of the state. It provided the privilege of the nobility of distillation, freeing it from taxes. Volumes of the permitted production depended both on the noble titles, and from the ranks. Thus on the one hand takes into account the interests of the elite, but on the other - encourage the flow of personnel to the civil service. At the same time by selling vodka producers prohibited. All right, but not enough of corruption. So, state-owned drinking Chamber, created for the purchase of alcohol, had the right to choose suppliers. The result has been an inevitable return to the repurchase.

attempt to save the country from the financial crisis that followed the war of 1812, Alexander I finally found a strict monopoly on the wholesale sale of vodka. Read More »

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Not mite May

Well, can not our people without elections !…

Well, can not our people without the election! Even these are not completed, and worthy of sovereign men already dreaming about the new electoral contests. Voters can only envy the elected demonstrating so rare in our time confidence in the future.

promise to dissolve the Verkhovna Rada of contenders for the presidency gave very willingly. Clearly, Sergei Tigipko, Arseniy Yatsenyuk or Viktor Yushchenko such boldness as to the legislative assembly was worth nothing. With the same success they could threaten the crackdown on the Polish Sejm, or the Israeli Knesset. But Viktor Yanukovych - a special paper. This was before the coveted purple - step. Acquaintance-MP recently quipped: “Tymoshenko behaved like five minutes to the president. Yanukovich behaves as if he had five days as president.”

No doubt, the impressive leg-received in the first round, permits leader OL look into the future with considerable optimism. Therefore, the leader of the blue-white fraternity, without false modesty, shares his plans with the general public. The day before yesterday gave Yanukovych a whole pile of different promises. In particular, announced the imminent appearance of the president (I mean his) decree on the restoration of the house-museum “beautiful poet, the great poet Anton Pavlovich Chekhov. And warned: “If this parliament will not work efficiently, in May 2010 to elect a different population, an effective parliament.

veleglasnoe Such a statement suggests that the venerable Viktor not read not only “Kashtanka, but also the Constitution. For there is no way to follow all procedures required by the Basic Law and thus meet before the end of spring.

And

believe that Yanukovych prenebregnet with these procedures, we strongly reject. No, can not stoop to brutal lawlessness people, so bravely criticized Yushchenko for the systematic mockery of the Constitution and so convincingly promised to restore the rule of law.

Before turning to boringchicanery, to speculate, to whom what is the use of early elections. It is easy to explain the keen interest shown by such an event, Sergei Tigipko, Arseniy Yatsenyuk and Viktor Yushchenko. The first two have the desire and the ability to have their own factions. Indifferent to the subject and my good friend Viktor. For only in Parliament, he is able to gain not only will hope to continue a political career, but also the necessary security guarantees. Does anyone doubt that delivers business Valaam Bankovoj not averse to acquire parliamentary immunity? That same immunity from any way he heroically fought the whole cadence …

proceed to more complicated mothers. Why early elections Yanukovych or Tymoshenko? Consider their reasons are necessary, but avoid the flaws in the arguments fail. Too many different “but” and “if”.

course, that any president seeking to gain control of the parliament, or at least support the parliamentary majority. Without it, his staff and legislative initiatives practically doomed. Who would not come to the finish line first, at least 226-230 votes in the Rada and to “their” government, he can count. But the majority of situational - the essence of a thing is not durable. And, most importantly, my dear. But the elections, however, also not a cheap. Again risk.

Yet Yanukovych idea of the early campaign so far like it. First, he is convinced that victory in the presidential election will allow him to make the inevitable triumph and parliamentary. And that the number of Party of Regions faction in the Rada VII Convocation will be significantly greater than the number of cells in the OL BP VI convocation. And it will allow with less manual effort to create a majority and form a government subservient. Secondly, the leader of the Regions has long itching to purge the ranks. He yearns to see more in the group”s own confidants and less confidant Akhmetov. Helmsman white and blue sure that the expected the presidency gives him that right. And extraordinary campaign - an excuse.

In case of loss (which Yanukovich did not even want to think, but which is still not excluded) for early parliamentary campaign may also be on hand. Individuals are sure: even after the defeat of their leader in the presidential race on the OL early elections to the Rada wins more than in 2007. And more than YTB. Especially if the crisis under President Tymoshenko will fight just as “effective”, as in the Timoshenko-premiere.

Yuliya

to the idea of unscheduled elections in the highest legislative body is much cooler. Sometimes such a possibility is hinted at, but usually prefers to talk about his opposition to such a scenario. Understand it can be. What-no, but the coalition it already has. Besides, legally admissible. And strengthen it (in case of victory) is much easier than creating a new one. If Yuliya win a Victoria, many of the characters will be obstinate accommodating. Although, they say, the caretaker prime minister, as its chief opponent, is also considering a rehabilitation environment. List of neglectful and furtive looks longer than it seemed. The elections to the Rada - a great opportunity to get rid of the odious, boring and not justified. But whether this will likely? If Tymoshenko becomes president, early parliamentary campaign will be for her the worst of evils. In the case of defeat, it will lose its leverage to influence the process.

However, all described - things are rather speculative. We turn to the legislative realities.

list of conditions that allow the parliament to announce the verdict, given in the 90 th article of the Constitution. Three. It was still the fourth. Let”s just say, not quite constitutional. It was used for holding early elections in 2007. Article 82 of the Basic Law stipulates: BP is subject to the election of the Plenipotentiary at least 2 /3 of its constitutional composition. This rule was invented in 1996, when there were still majority districts, and there was a risk nedoizbraniya large part of the People”s Deputy. When a rigid proportional model this possibility is excluded, but the relevant constitutional provision, no one canceled. Fuse into a trigger. Critical mass of members to voluntarily lay down the powers, the legislature was not competent, and the path to an extraordinary campaign was open. After this error corrected: the law clarified, and now the addition of massive mandates Rada”s legitimacy is no longer threatened.

Thus, the first option. The first paragraph of Article 90 allows the president to dissolve parliament if a month has not formed a coalition of parliamentary factions. Pre-term elections, according to the 77-th article of the Constitution, “shall be held within sixty days from the date of publication of the decision on dissolution of the Verkhovna Rada. Lawyers for a long time arguing about how to understand the phrase “within sixty days.” Sixty days? Or not later than sixty days? End Dispute put the final version of the profile of the law. It painted a campaign almost by day and lasts two months. Even if one wants to expedite the process, make it no longer happens.

to elections held in late May (as is Yanukovych wants to), it is necessary that the campaign began in late March. Read More »

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Bankers supported a tax on banks” insurance

Leaders of some the world”s largest banks were in favor of a tax, which would accumulate funds for insurance against the risks of the global banking system. This writes the British newspaper Financial Times.

Support for the tax, which would have made it possible to overcome the difficulties of the financial system without the massive involvement of taxpayers escalated earlier among managers and politicians.

Representatives of the banking sector, until recently, resisted the imposition of such a global tax. However, the nomination of U.S. President Barack Obama proposals for the separation of high-risk and traditional banking businesses and limit the size of credit institutions, which are currently under consideration by U.S. lawmakers, according to several bankers, led them to reconsider their positions. Read More »

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Builders do botanists

few weeks Kievgorgosadministratsiya prepare a document that would oblige construction companies to turn over all the trees on building lots.

According to Acting Deputy Chairman KSCA Igor Dobrutskogo without transplantation of trees the developer can not obtain a permit and begin construction. He argues that there are technologies that allow any tree in age from 20 to 40 years, the tonnage of 9 to 15 m, tall tree to 35-40 m to move in any other place. The official noted that the cutting of green space will be only if you can not transplant, but the technology will allow 90% of the transplanted plants.

But even the 10% allowed for the demolition of trees stroykompaniyam have to restore. “In commissioning the object will be mandatory for an organization that has received the land, to resume at the site the same trees and at the same quantity. That is, the developer initially agrees dendroplan with Kievzelenstroem”, and for commissioning must pass an object with an exact number those plants that were at the site prior to construction. Within two or three weeks followed by a decision, it is already at work, I signed it, which will be told that the trees that are on sites for development, must be replanted, “- said Dobrutsky.

As we have transplanted only especially valuable trees. By decision of the city council if the land is made for construction, land is surveyed, and necessarily, according to the act, the developer within five days to give officials the act of cutting down plants, if they interfere with construction. Employers pay for the cutting of trees a lot of money, which comes in Kievzelenstroy “for the purchase of new green spaces. Read More »

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Impoverishment Kyjeva

such a financial collapse, as now, Kiev is not worried …

such a financial collapse, as now, Kiev has not yet experienced: a hole in the city budget a 40%-something - like “success” is not done even replacing each one after the other power teams of the capital at the beginning of Ukrainian independence!

the first time in modern history of the city of Kiev city government de facto signed for its financial insolvency.

Capital budget for 2009 died as was born - in short supply. The latter, for the year, the report of the Chief Financial Management KCSA speaks for itself - 7,7 billion hryvnia underperformance on income and six billion hryvnia - Cost. And this despite the strained efforts of capital financiers somehow by the end of the year darn huge budget hole!

And, most pungently: these “outstanding performance” in the story became vaunted team of financiers led by successful, as he himself doth, banker and businessman Leonid Chernovetsky.

Recall that the capital budget for 2009, after all the additions and refinements, was supposed to be filled by 19,6 billion UAH. Took him as much in March 2009, when the raging crisis in full swing already, and knew all the performance indicators of previous years. So, despite the fact that income to the city treasury in the 2008th were narrowly missed at 16,3% in the planned income of 20.3 billion UAH. And many MPs from, say so disloyal to the mayor and the majority of the group warned that the budget should not be taken almost at the level of 2008, the main financial document was nevertheless adopted the way it has issued a GU Finance and supported by all hands promerskoe majority.

That is, the financial collapse was founded initially! Do we understand? It is - still questionable, though an honest answer to it would help to draw a conclusion about the qualifications of those who undertook to lead the city … However, based on the financial results of the year, we can say that, with realistic projections for capital financiers - the problem. Even at the session, when negotiated and adopted the budget-2009, and the standing committees of city council, and in many commentaries urban deputies said that it is impossible to fill the budget even at the level of performance of last year”s budget when the window - the financial crisis, a real reduction of working places, freeze, etc etc. And since nearly 80% of the content of the budget is financed by taxes on wages and salaries, of course, when a crisis situation, no way could significantly increase, then the question arises, how could undertake the planned content of the budget? Here it is, and “not taken”! Average salary in December 2008, was in Kiev, according to the capital PG Labor and Employment, 3549 UAH., And in December 2009, according to the State Statistics Committee of Ukraine - 3684 grn. That is, the increase - only 135 UAH! This is 3-4 times less than in the past, not the crisis years. For example, for 2008, compared with the 2007th, the average salary rose from Kiev almost a thousand hryvnia! But even in this case, the budget, bloated in the plans of 21 billion UAH. Has not been fully implemented (see above), and that is to say about the year 2009 announced!

So, once again, it should be recognized: the excessive optimism of the mayor and his team humiliated. And if you remember much at all “space” plans Chernovetsky articulated by him at the end of 2008 - to bring the budget in Kiev in 2009 to … $ 70 billion, it is sad at all of these “forecasters”.

But back to our current realities.

Here, for example, completely unrealistic, it turned out, were plans for a metropolitan government for income tax of individuals: as a result of up to 12 months, narrowly missed the article on the 1,323 billion UAH.

was a total failure and the administration”s plans to receive income from an opaque source under the “expansive” designation - the “other income”. Recall that for these hidden vaunted so-called “Mayor”s 50 programs, each of which was to bring the budget in Kiev … billion hryvnia. These included not only higher prices for travel in public transport and tariffs for housing services, only to unbalance the situation, but the introduction of fees for entrance to the city, for admission /entry to the cemetery … and taxes paid on business lunches with city officials, and from auctions of official vehicles, and taxes on intercoms, air conditioners and satellite dishes, the luxury, after all - also in this series! However, the scheduling of this article, 2.8 billion, have received little more than 6 million … (only 0,2% of desired). For the vast majority of these phantasmagoric payments to local budgets simply do not fit into any laws, but more associated with taxes, invented … Signor tomatoes from famous fairy tale about Gianni Rodari Чипполино. Remember - in the rain, on the air?

and charges for land in 2009 and was not collected in full. In this article, received less capital budget of almost 382 million UAH. And revenue from the sale of land and intangible assets reached all … 25,5% of the target. This situation is viewed in the early years, but then the command action is not bothered to make their plans more realistic. Read More »

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In 2009, the S7 Group ranked second in Russia by the number of passengers

In 2009, the services of airlines within the group of companies S7 (S7, “Globe”), used 5 633 971 passengers. Group of Companies C7 firmly holds the second place at Russia”s air transport market. S7 Airlines continues to lead in the number of transported passengers on domestic routes. In 2009, on flights to Russia S7 carried 3 456 736 people, “- said in a statement the company.

The number of transported cargo and mail flights airline S7 and “Globe” was 40 583 tons. The passenger turnover amounted to 13 155 065 thousand passenger-kilometers. In 2009, the aircraft group of companies C7 performed 51 865 flights in Russia and abroad.

In December 2009, the services of airlines within the group of companies C7, took advantage of 473 928 passengers. Increase in the number of passengers compared to December 2008 amounted to 24%. Passenger traffic in December increased by 11,3%, while turnover rose by 9,7% compared to the same period last year. Passenger load factor and load factor commercial aircraft rose by 2,4% and 1,7% respectively.

“In November-December 2009, a group of companies C7 demonstrated growth of key performance indicators compared with last year. However, we believe that the current situation in Russia”s airline market priority is to not just increasing passenger traffic, while maintaining an efficient and profitable airline operations “, - said the commercial director of group of companies C7 Vadim Besperstov.

Throughout the year, S7 Airlines has opened its own scheduled flights from Surgut to Moscow, Kaliningrad, Tyumen, Yakutsk, Chita, and Madrid (Spain), as well as a joint flight with Royal Jordanian Airlines to Amman (Jordan). Read More »

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