Aviation industry of the Russian Federation: The impact of the COVID-19 pandemic

Abstract

Subject. We consider prospects for the aviation industry development of the Russian Federation. Objectives. The aim is to analyze the volume of production of the aviation industry and air transportation, review some market indicators, i.e. supply and unit price of export aviation equipment. Methods. The study employs general scientific methods of research. Results. The paper states that the COVID-19 pandemic has had virtually no impact on the aviation industry, as deterioration in some indicators has been observed since 2018. The aviation equipment market is influenced by both external and internal factors that exacerbated during the pandemic. Conclusions. Despite the attention of the State to the aviation industry, the latter needs additional government support.