Russia: Aeroflot to sell Rossiya Airlines

Russian national flag carrier Aeroflot may sell its largest affiliate Rossiya Airlines. Aeroflot owns 75% minus one share in the affiliate, while the rest is owned by the government of St. Petersburg. Deputy Prime Minister Arkady Dvorkovich ordered the Transport Ministry to prepare suggestions for the possibility of Aeroflot selling Rossiya Airlines. The Economic Development…

Russia: Railways want cargo tariff to rise in 2017

Russian Railways has proposed raising its transportation tariff for all types of cargo by 6.8% in 2017 or to differentiate between tariff increases depending on types of cargo. The company’s differentiated tariff proposal envisages a 8.2% rise for first-class cargoes, excluding coal and ore, and for mineral fertilizers; a 6.8% rise for coal, ore and…