‘Koltsovo airport is bound to decrease the jet fuel prices after LUKoil sets up another filling station there. It’s hard to say, however, just when this is going to happen. It will take the company between eighteen and twenty-four months at best to get all the papers ready, and about twelve months to complete the construction,’ says Aviaport Agency’s Analytics Director Oleg Panteleev.

Mr. Panteleev reports LUKoil-AERO’s products can boast good quality and meet all the demands, but the prices that are great enough already will probably grow a bit higher at first for the company to get a return on investments.

‘As for Koltsovo airport, the introduction of another filling station might result in a gap in profits, since the organization does not have very many financial sources of its own. A decrease in fuel prices might lead to certain negative outcomes in terms of revenues,’ he observes.

According to Aviaport, Koltsovo had higher prices than the Russian average last year, so the Federal Antimonopoly Service had to put their foot down.

‘On the other hand, lower prices will attract more customers, which will help the airport make up for the losses in the long run,’ Mr. Panteleev notes.