international magazine
08 / 2008

In the shadow of jets

Russian authorities are either unable or unwilling to effectively stand up to monopolists on the jet fuel market at a time when prices are breaking records The price of jet fuel in Russia is now higher than in countries to which it exports the product. The authorities are still limiting themselves to strength, unable or unwilling to regulate the situation. It is however, quite possible that «the carrot» is being used during the holiday season to keep from bankrupting airlines and to take a breather to draft a plan to use «the stick».