Policy Pulse - 16 July 2019 - George Anjaparidze
On 8 July 2019 the ban on direct flights between Russia and Georgia went into effect. Flight ban harms both Russia and Georgia.
Russian airlines will lose $225 million in revenue per year. Regional hubs such as Minks, Riga, Almaty and Istanbul will benefit from higher transfer traffic. But consumers worse off and tourism spending in Georgia lower by $111 million per year. For more details see links below:
Also see update on: Why harm Russian airlines and consumers?
Also see update on: Russia-Georgia ban on direct flights will harm both countries).
View full assessment for more details
#aviation #russia #georgia #tbilisi #economics #airlines #flightban
About Veritas Global: Our vision is to have a positive impact on the world through truthful advice informed by robust analysis. We are a premier provider of tailored solutions on climate change, international conflict economics and infrastructure.