Shares of “Aeroflot” and “Transaero” on Wednesday afternoon falling in price against the total market, reason for selling could serve the claims of the Federal Antimonopoly service of “Aeroflot” in connection with the unjustified increase in prices.

On the Moscow stock exchange the shares of “Aeroflot” 13:04 Moscow time dropped to 58 rubles (-4,9%), “Transaero” – up to 9.86 per ruble (-7,2%). Meanwhile, the liquid Russian shares gain 1.5% amid weakening of the ruble.

As reported by the media on the eve of with reference to the head of FAS Igor Artemyev, the trend to higher prices in transportation “Aeroflot” has been observed after withdrawal from the market to the verge of bankruptcy “Transaero”.

According to Artemyev, the significant growth of cost of tickets has no market justification. The head of the FAS believes that the leadership of the largest Russian carrier has decided to cash in on the situation with “Transaero” instead to help their colleagues.

Some concerns for the proceeds of “Aeroflot” investors could cause Russia introduced sanctions against Turkey, brought down last Tuesday a Russian bomber su-24. In particular, a ban on Charter flights from Russia and termination of the sale of tours that can deprive Turkey of up to $10 billion.

However, the high tourist season in Turkey this year ended, and the country has the time to minimize future losses, having normalized ties with Russia.

Yesterday, December 1, the shares of “Aeroflot” has updated a maximum since the beginning of the year (the price has risen to 61,85 ruble) against the background of the publication of the report of the company for 9 months on MSFO according to which net profit amounted to 1.83 billion rubles against a loss of $ 3.56 billion rubles a year earlier.

Analysts polled by Interfax predicted a net loss of “Aeroflot” in the range of 9,777 billion rubles to 3,298 billion.