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  • Aeroflot looks for consolidation boost

    News | 13 May 2010 10:35 | David Kaminski-Morrow

    Aeroflot views its acquisition of six other Russian airlines as potentially the first stage in a much-needed consolidation of the country's carriers. The post-Cold War dismantling of the Soviet-era Aeroflot resulted in the creation of hundreds of smaller operators, dozens of which subsequently went out of business or were shut down by civil aviation regulators. But federal air transport regulator Rosaviatsia still lists 168 air transport enterprises on its registry, and Aeroflot chief executive Vitaly Saveliev believes this number is simply "too big for the country".