Russia's First Budget Airline Opens

The airline, which currently operates flights between Moscow and the Black Sea resort of Sochi, plans to expand its routes to several Russian cities including Rostov-on-Donu, Perm, Yekaterinburg, Ufa, Anapa, and Chelyabinsk.

Sky Express charges as little as 900 rubles ($35) for a return ticket to Sochi -- a fraction of the rate charged by competing airlines.

(ITAR-TASS)