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.

Development of an Investment Management Model for Air Carriers

“…The information technology market is one of the most dynamic, with innovative developments occurring much more frequently than new services that air carriers can offer [9]. The term "technology" means a complex of scientific and engineering knowledge implemented in the material, technical, and labor factors of production, and ways to combine them to create goods and services that meet certain technical requirements I [10]. On the other hand, information technology is a set of methods, processes, and ways of using computer technology and communication systems to create, collect, transmit, search, process, and distribute information to effectively organize people's activities.…”