Russian airline passenger traffic falls 3.9% in August, signaling demand weakness

Rosaviatsia data shows Russian airlines' August passenger traffic dropped 3.9% year-on-year to 28.8 billion pkm, a notable decline amid ongoing sanctions and economic pressures. The decrease suggests softening domestic and international travel demand, potentially reflecting broader economic strain. This is a continuation of a trend, but the magnitude of the drop may signal accelerating weakness.