Russian Group Battles To Allow Growth To Continue

Business aviation continues to grow in Russia but it is no longer expanding at the rates observed few years ago, according to Eugeny Bakhtin, vice president of the Russian United Business Aviation Association (RUBAA).

“We used to have annual increases of 40 to 50 percent,” he said. “Today our development continues at the rate of 10 to 12 percent year on year. [However], despite the notable slowdown in the rates, we still enjoy a steady increase.” He explained that the slowdown is due to the growing maturity of the local market.