Baku. Aynur Aliyeva - APA-Economics. Following oil prices, the prices of air tickets will also go down. However, it will not happen rapidly, International Air Transport Association reported.
According to calculations of IATA, the air companies will reduce extra fee on fuels for passenger flights by 5%, for cargo – 5.8%. This will provide increase of transportations. The association increased the forecast of revenues from $18 bln to $20 bln. IATA said that the forecast has been increased to $25 bln due to oil price decline next year.
AZAL’s spokesman Maharram Safarli said this issue is not being reviewed currently.