All Aeroflot articles – Page 4
-
NewsAeroflot approves transfer of over 40 Superjets to Rossiya
Aeroflot has approved plans to transfer over 40 Sukhoi Superjet 100s from its fleet to sister carrier Rossiya, as part of a restructuring of its short-haul network operations. Over the course of December this year to August 2021 it intends to shift 17 aircraft leased from Sberbank, another 20 from ...
-
NewsAeroflot Group to divest eastern carrier Aurora
Aeroflot Group is to withdraw from the ownership of eastern Russian carrier Aurora Airlines, by selling its majority stake in the company. Aurora Airlines serves a route network from Khabarovsk, Yuzhno-Sakhalinsk and Vladivostok. It operates a fleet of 10 Airbus A319s as well as about a dozen turboprops, mainly Bombardier ...
-
NewsAeroflot Group claims Pobeda profitable despite crisis
Aeroflot Group is highlighting the performance of its budget arm Pobeda, posting a net profit for the carrier for both the third quarter and the first nine months of this year. The company says Pobeda increased passenger numbers during the quarter, compared with last year, and achieved load factors up ...
-
NewsAeroflot names GTLK ex-head Poluboyarinov as new chief
Russian flag-carrier Aeroflot’s board has elected Mikhail Poluboyarinov, the former head of state leasing firm GTLK, as its new chief executive. He will succeed Vitaly Saveliev who has been appointed as the new Russian transport minister – while the former transport minister, Yevgeny Ditrikh, is taking over as head of ...
-
NewsAeroflot chief Saveliev to become Russian transport minister
Long-serving Aeroflot Group chief executive Vitaly Saveliev is set to become Russian transport minister after he was nominated for the role by prime minister Mikhail Mishustin. The transport ministry says that Saveliev will take over, following a Russian presidential decree dated 10 November. Saveliev has led the Russian carrier group ...
-
NewsThree Russian operators to take Superjets through leasing tie-up
Three Russian carriers are to be supplied with a total of eight Sukhoi Superjet 100s under an agreement reached between airframer Irkut and PSB Leasing. Aeroflot is to take five of the twinjet type, another pair will go to Azimuth Airlines, and one to Red Wings. The Azimuth and Red ...
-
NewsDomestic demand bolsters Aeroflot revenue
Russian carrier Aeroflot saw quarter-on-quarter rises in passenger demand and revenue during the three months ended 30 September, underpinned by strong domestic demand. Although third-quarter revenue was down 67% on last year’s, at Rb55.2 billion ($695 million), the carrier notes that load factors and yields were at “comparable levels”. Still, ...
-
NewsAeroflot Group details shareholding shifts after capital increase
Aeroflot Group has disclosed that the Russian state’s share in the airline company has reached 57.34% as a result of its capital increase. The Russian government had been prepared to maintain at least its previous 51.2% shareholding in the company during the share issue. Aeroflot Group had also been 3.5%-owned ...
-
NewsAeroflot Group aims to raise Rb80bn through share placement
Aeroflot Group is aiming to raise at least Rb80 billion ($1 billion) through a capital increase involving the placement of new shares, in order to strengthen its liquidity. Although it had previously prepared to place up to 1.7 billion shares, the Russian operator says it has yet to determine the ...
-
NewsMC-21 deliveries to start ‘by the end’ of 2021: Russian industry minister
First deliveries of the Irkut MC-21 to launch operator Aeroflot will take place by the end of 2021, according to Russian trade and industry minister Denis Manturov. Manturov says the combination of sanctions on the country and, in particular, the coronavirus situation have forced a delay to the twinjet’s flight-test ...
-
NewsAeroflot cleared to increase share capital
Aeroflot has won shareholder approval to increase its authorised capital to 1.95 billion shares.
-
AnalysisWinter of disconnect ahead for Europe’s airlines
There are few crumbs of comfort for European airlines as they look back on a worse-than-expected summer season and forward to what could be a bleak winter.
-
NewsRussian state helps Aeroflot Group obtain Rb70bn in loans
Aeroflot Group has obtained state guarantees to enable it to secure two loans totalling Rb70 billion ($940 million), and has also received a subsidy worth Rb7.9 billion. The Russian operator has turned in a net loss of Rb58.3 billion for the first six months of the year, under international accounting ...
-
NewsAeroflot seeks shareholder approval to hike share capital
Aeroflot’s board has met to consider increasing the company’s authorised share capital as part of measures to improve its financial stability. Its authorised capital comprises just over 1.11 billion shares, of which 51.2% is owned by the Russian government. In addition to these placed shares, Aeroflot is authorised to issue ...
-
NewsRussian carriers begin resuming international services
Russian operators are restarting international services after the government started clearing restoration of links with countries including Turkey, the UK and Tanzania. Aeroflot is re-opening its links from Moscow Sheremetyevo to Istanbul and London Heathrow on 1 August, both routes being served by Boeing 777s. Aeroflot’s budget sister carrier Pobeda ...
-
NewsAeroflot detects ‘gradual recovery’ in domestic flights
Russian flag carrier Aeroflot slipped to a net loss of Rb26.2 billion ($356 million) in the second quarter, from a profit of Rb2.73 billion a year ago.
-
NewsAeroflot targets 600-strong fleet within eight years
Russia’s Aeroflot Group aims to expand its fleet to 600 aircraft – 235 of which will be domestically built – by 2028. The plan is part of an updated strategy unveiled by chief executive Vitaly Saveliev. The group is also targeting 130 million passengers in 2028, up from 60.7 million ...
-
NewsAeroflot chief sets out expectations for restoration of international network
Russia’s Aeroflot Group is hoping to restore 80% of its international services by the end of this year, and restore the network fully by the end of the winter season in March 2021. Chief executive Vitaly Saveliev has outlined the ambition during a meeting with Russian president Vladimir Putin. Saveliev ...
-
NewsProsecutor to consider case against Superjet crash captain
Russia’s prosecutor general is to consider the case of an Aeroflot captain indicted over last year’s fatal Sukhoi Superjet 100 landing accident at Moscow Sheremetyevo. The federal Investigative Committee says it has completed its criminal probe into the 5 May 2019 accident during which the aircraft returned to the airport ...
-
NewsAeroflot weighs options for long-haul fleet
Aeroflot Group is in the process of reviewing options for expanding its long-haul fleet, as well as how planned short-haul growth can be maintained despite uncertainty on the Boeing 737 Max family’s return to service.