Aeroflot Shares Up 4% on News of Possible Resumption of International Flights
At the same time, the maximum value of shares reached 94.34 rubles, which is 5.06% higher than the closing level of previous trading. According to 11:20 Moscow time, shares are trading at 93.04 rubles (+ 3.6%). Utair shares also showed growth: according to 10:45 Moscow time, the share price reached 8.77 rubles per share (+ 30.9%). By 11:21 Moscow time, shares are growing by 28.36%, to 8.6 rubles per share.
Air carrier stocks are getting more expensive amid reports that Russian Prime Minister Mikhail Mishustin instructed the Federal Air Transport Agency and Rospotrebnadzor by June 8 to analyze possible options for resuming international air traffic suspended due to the coronavirus pandemic.