Jet fuel prices keep going up in Russia. Twenty airports in the country are going to launch price increases ranging between 1.5% and 9% over the next few days. All in all, the price of jet fuel has gone up by nearly 40% since the beginning of the year. This has to do with the fuel shortage, as the market is estimated to be lacking at least 10% to 15% of the amount needed. If RosReserve provided the 180,000 tons of fuel promised by the government, this could solve the problem, but such a decision has not been made yet, Kommersant reports. As for Moscow-based airports, jet fuel prices increased

Ural Airlines keeps improving its online services, so now any visitor to the air carrier’s website can make a free call to the customer support center online and get answers to any questions related to the company’s performance, the airline’s press service reports. The new service makes it possible to contact the company’s information center right from one’s computer using the Call button. All one needs is headphones/speakers and a microphone. A user can press the Call button on any page of Ural Airlines’ website, upon which an automatic connection with the call center employee will be

Avianova stopped operating due to financial and economic problems, Interfax reports. Starting 12:01 AM Moscow time on October 10, 2011, the company swill stop operating due to financial and economic troubles,’ the airline reported earlier. The air carrier announced on Friday that Avianova had rendered its services to 11,926 passengers on October 3-7, 2011; the figure covers all the destinations available to the company. The initial target figure for the period was 27,000 passengers.

An independent expert Evgeny Shkolov was recently elected BOD Chairman of Uralvagonzavod Scientific & Production Corporation. Shkolov thus replaced Deputy Industry & Trade Minister Denis Manturov, the Kremlin website reports. Prior to this new appointment, Evgeny Shkolov was Deputy Minister of the Interior. He was asked to resign after a certification audit. The Internal Affairs Minister Rashid Nurgaliyev explained that some of his deputies, including Shkolov, would get new appointments after the completion of the audit, RIA Novosti says.

Russian Copper Company received a nominee diploma at MINEX Russia 2011, the 7th Mining and Exploration forum and expo. The award is mainly aimed at promoting competition spirit and advertising the companies’ best achievements in the development of Russia’s mineral resource base. Russian Copper Company was nominated as The Investor of the Year, since it is one of the market’s leading companies that makes a lot of investments in the branch. The company was awarded for its large-scale investment in the purchase and development of Mikheevsky and Tominsky ore mining & processing enterprises