During his participation at Air Convention 2018, Ashkat G. Torshin, Permanent representative for Russia & CIS at Lufthansa Consulting, talked to Rūta Burbaitė from AeroTime about the latest market trends in the long-haul low-cost airline model, explaining the specifics of the market and what his company anticipates in the region in the near future.

According to Mr. Torshin, the main question for developing markets, such as Russia and the CIS, regarding these business models, is whether the market is ready for long-haul low-cost services. The booming long-haul low-cost air travel around the world could be a natural growth point for existing carriers in the region, but also a threat to traditional airlines operating on long-haul routes. For more insight, watch the exclusive interview below.