The head of Russia's state-controlled airline Aeroflot called on the Russian government to "balance the interests" of Russian and foreign airlines in order to support the domestic aviation sector, in an interview with Russian news site RBC published on Wednesday, Reuters reported. In the interview, Aeroflot CEO Sergei Alexandrovsky said it is "important that the state balances the interests of Russian and international carriers.
The rouble dived around 3% against the dollar on Tuesday, failing to consolidate a recovery from last week's slide as the market comes to terms with the prospect of lower export revenue in the wake of restrictions on Russian oil, Reuters reported. The rouble lost about 8% against the dollar last week and is on course for a hefty monthly decline after an oil embargo and price cap came into force. The finance ministry has said the recent slump was related to recovering imports.