In a worrying twist for Russia’s airline industry, more than 30 Russian airlines, which collectively handle over a quarter of all domestic passenger flights, are facing serious financial trouble and could go bankrupt in 2025. Most of these struggling airlines are small to medium-sized, with fewer resources to fall back on when compared to larger carriers. And now, a tax plan that was meant to offer relief might end up being the final push that many of these airlines simply can’t handle.
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