Sustainable Growth of Airline Companies: Challenges and Prospects Assessment

Abstract

Due to the sufficient openness of the Russian air transportation market, such factors as demand and investment activity, exchange rate fluctuations, economic sanctions against large companies and other unfavorable conditions lead to a slowdown (sometimes a decrease) in sales growth of Russian companies, weakening their economic position and financial stability. In this regard, it is necessary to study the conditions and opportunities for achieving sustainable growth, based on the example of Russian airlines using econometric modeling methods The solution of this problem requires the study of a system of economic and non-economic factors to achieve sustainable growth. It also requires an analysis of the industry specifics of air passenger transportation market to determine the main indicators of economic growth.