Changes in legislation

The provisions of the Federal law of May 4, 2011 No. 99-FL “On Licensing of Certain Types of Activities” regarding the need to obtain licenses for carrying out air transportation of passengers and goods ceased to be in force by the Federal law of February 18, 2020 No. 21-FL. The provisions obliging entities engaged in air transportation to obtain an operator’s license along wth the air operator's certificate are also excluded from the Aviation Code of the Russian Federation.

Since February 29, 2020, legal entities or individual entrepreneurs have to obtain air operator's certificate from the Federal Air Transport Agency (Rosaviatsiya) to carry out commercial air transportation. The form and procedure for the certificate’s issuance are established by the Order of the Ministry of Transport of the Russian Federation of August 13, 2015 No. 246 “On approval of the Federal Aviation Rules “Requirements for legal entities, individual entrepreneurs engaged in commercial air transportation. The form and procedure for issuing a document confirming the conformity of legal entities, individual entrepreneurs engaged in commercial air transportation with the requirements of the federal aviation regulations.”

According to the Federal Air Transport Agency, as of April 04,2020, 108 Russian companies have the air operator's certificate for commercial air transportation, information on which is fully contained in the Information and Analytical system Globas

TOP-10 countries by stock of cars

Today there is a rapid transformation of the global automotive market. If during the XX century the United States and Western Europe were the key regions for leading automobile concerns, then since 2010, China has been being first by the number of cars sold: by the end of 2019, this figure in China amounted to 25,8 million units, in the USA – 17,5 million units. (see Table 1).

The United States still leads in the total stock of cars: today there are 274 million cars. However, in the short term, this century-old leadership will be lost, since the relative level of motorization is close to its natural limit: in the United States, 838 cars fall per 1 thousand inhabitants, including infants.

In China, the market is far from satiety. The level of motorization is estimated at 181 cars per 1 thousand inhabitants, which is 2,1 times lower than in Russia - 381 cars. Taking into account the growth of welfare of citizens in China, the further rapid growth in the local stock of cars should be expected. The total number of vehicles in the PRC has reached 260 million units, which is only 14 million units less than in the USA.

India is ranked 3rd by stock of cars - 243 million units. However, annual sales of new cars there are much lower than in China. Despite this, having huge population, India will also bypass the United States in total stock of cars in the medium term.

Russia ranks 1st in Europe in terms of the number of vehicles: 56 million cars are registered in the country.

Table 1. TOP-10 countries by stock of cars
Rank Country Total stock of cars, million Number of cars sold in 2019, million Number of cars per 1000 inhabitants
1 USA 274 17,5 838
2 China 260 25,8 181
3 India 243 3,8 176
4 Japan 78 5,2 615
5 Brazil 74 2,8 350
6 Russia 56 1,8 381
7 Germany 46 3,6 561
8 Italy 38 2,0 625
9 Mexico 37 1,4 297
10 France 32 2,6 478

The COVID-19 pandemic will certainly make adjustments to the global automotive market. Everywhere there will be a significant decline in sales, consumption of gasoline and diesel fuel. Nevertheless, the trend cannot be changed. The future of the auto industry is in Asia, and given the number of people in the region, steady demand for oil products, metals, and composite materials will remain.