Inside Aeroflot

Latest News

Russian authorities reserved ex-Transaero routes for Aeroflot and its subsidiary Rossiya for one more year

Aeroflot Group keeps 32 of ex-Transaero’s international routes

Russian authorities reserved these routes for Aeroflot and its subsidiary Rossiya for one more year.
Russia’s largest airline group, Aeroflot, to take delivery of 104 aircraft and phase out 36 within this period.

Aeroflot Group to add 68 aircraft in 2017-2018

Russia’s largest airline group to take delivery of 104 aircraft and phase out 36 within this period.
The reason for Aeroflot net income may be a combination of favorable market conditions and the group’s fleet optimization efforts.

Aeroflot net income reached $663 million in 2016

The reason for such financial success may be a combination of favorable market conditions and the group’s fleet optimization efforts.
aeroflot press-release

Aeroflot announces FY 2016 IFRS financial results

Aeroflot Group today published audited financial results in accordance with International Financial Reporting Standards for the year ending 31 December 2016
Aeroflot carried 2.303 million passengers in January 2017

Aeroflot's passenger traffic grows 15% in January

Russia's largest airline carried 2.303 million passengers that month
In January 2017 Russian airlines’ international traffic climbed 28.8%

Russian airlines continue winning back international traffic

In January 2017 their international traffic climbed by 28.8%
aeroflot press-release

Aeroflot passenger traffic in January 2017 up 14.8%. Aeroflot Group passenger traffic up 15.4%

Aeroflot PJSC today announces operating results for Aeroflot Group and Aeroflot – Russian Airlines for January 2017
Pobeda's profit exceeds expectations

Pobeda's profit exceeds expectations

Aeroflot’s low-cost subsidiary posts a net profit of $50.6 million
Besides this new Boeing 737-800, Aeroflot operates four more aircraft painted to celebrate its SkyTeam membership

Aeroflot paints new Boeing 737-800 in SkyTeam livery

It became the 21th aircraft of the type in the Russian carrier’s fleet
SkyTeam liveried Boeing B737-800 joins Aeroflot fleet

SkyTeam liveried Boeing B737-800 joins Aeroflot fleet

Aeroflot took delivery of its brand new B737-800 aircraft with livery of SkyTeam
aeroflot press-release

Aeroflot triumphs at Skyway Service Award 2017

Aeroflot has been awarded in four nominations of the prestigious Skyway Service Award 2017
State-owned GTLK Corporation to provide leasing for another 20 SSJ 100 aircraft to be ordered by Aeroflot

Aeroflot selects lessor for new Superjet 100 batch

State-owned GTLK Corporation to provide leasing for another 20 SSJ 100 aircraft to be ordered by Russia’s largest airline
aeroflot press-release

Aeroflot wins East Capital's Best Growth Award

Aeroflot has been awarded East Capital’s prestigious Best Growth Award in recognition of its achievements in delivering robust growth and outstanding financial results in 2016.
aeroflot press-release

Aeroflot named strongest airline brand in the world by Brand Finance

Aeroflot has been named the strongest airline brand globally in 2017 by Brand Finance
A more efficient fleet management program is said to have contributed to the positive financial results

Aeroflot climbs out of red, posts profit for 2016

Russia’s largest carrier explains its rapid climb by traffic growth, seat load factor increase, more efficient capacity management, along with cost-cutting efforts
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Insights

INSIGHT: New fortunes, same old pitfalls for Russian airlines

INSIGHT: New fortunes, same old pitfalls for Russian airlines

A surprising recovery in Russian air transport revenue growth could also be the beginning of a new soap bubble.
INSIGHT: Lessors knocked back by Russia’s risky aircraft business

INSIGHT: Lessors knocked back by Russia’s risky aircraft business

Russian leasing companies finds ways to re-market the fleet of the collapsed second largest customer Transaero Airlines.
INSIGHT: Overhaul for Russia’s aircraft maintenance industry

INSIGHT: Overhaul for Russia’s aircraft maintenance industry

Tumbling ruble and cheap labor costs motivates Russian providers to localize more maintenance services
INSIGHT: Challenging market afflicts Russian air transport

INSIGHT: Challenging market afflicts Russian air transport

The industry continues to suffer virtually no growth in all areas.
Russian airlines' cumulative traffic declined 8.7% in eight months

Russian airlines' cumulative traffic declined 8.7% in eight months

Nevertheless, major Russian carriers continue to increase their traffic and market share
Russia’s majors improve financial results

Russia’s majors improve financial results

Aeroflot shares broke the maximum since 2008 backed by strong H1 report
INSIGHT: Russian air transport faces crisis once again

INSIGHT: Russian air transport faces crisis once again

An in-depth analysis on how the current economic recession is reshaping the Russian air transport market that is starting to resemble the Soviet times
INSIGHT: Why Russian carriers curtail business-class

INSIGHT: Why Russian carriers curtail business-class

The ongoing economic downturn is taking its toll on the airlines' most profitable segment
Russian airlines' traffic hits record low in November

Russian airlines' traffic hits record low in November

The traffic fell record 11.8% YOY last month
Yerevan Airport counting on liberalization of air travel

Yerevan Airport counting on liberalization of air travel

Armenia’s main airport tries to attract new carriers with expanded facilities and Open Sky regime

Press-releases

Aeroflot announces FY 2016 IFRS financial results

Aeroflot announces FY 2016 IFRS financial results

Aeroflot Group today published audited financial results in accordance with International Financial Reporting Standards for the year ending 31 December 2016
Aeroflot passenger traffic in January 2017 up 14.8%. Aeroflot Group passenger traffic up 15.4%

Aeroflot passenger traffic in January 2017 up 14.8%. Aeroflot Group passenger traffic up 15.4%

Aeroflot PJSC today announces operating results for Aeroflot Group and Aeroflot – Russian Airlines for January 2017
SkyTeam liveried Boeing B737-800 joins Aeroflot fleet

SkyTeam liveried Boeing B737-800 joins Aeroflot fleet

Aeroflot took delivery of its brand new B737-800 aircraft with livery of SkyTeam
Aeroflot triumphs at Skyway Service Award 2017

Aeroflot triumphs at Skyway Service Award 2017

Aeroflot has been awarded in four nominations of the prestigious Skyway Service Award 2017
Aeroflot wins East Capital's Best Growth Award

Aeroflot wins East Capital's Best Growth Award

Aeroflot has been awarded East Capital’s prestigious Best Growth Award in recognition of its achievements in delivering robust growth and outstanding financial results in 2016.
Aeroflot named strongest airline brand in the world by Brand Finance

Aeroflot named strongest airline brand in the world by Brand Finance

Aeroflot has been named the strongest airline brand globally in 2017 by Brand Finance
Aeroflot announces FY 2016 RAS financial results

Aeroflot announces FY 2016 RAS financial results

PJSC Aeroflot today published its financial results for the year ending 31 December 2016 in accordance with Russian Accounting Standards.
Aeroflot announces results of Board Of Directors' meeting

Aeroflot announces results of Board Of Directors' meeting

PJSC Aeroflot announces the results of the Board of Directors' meeting held on 2 February 2017 and chaired by Kirill Androsov.
Aeroflot passenger traffic up 11.0% in 2016

Aeroflot passenger traffic up 11.0% in 2016

Aeroflot PJSC announces operating results for Aeroflot Group and Aeroflot – Russian Airlines for December and twelve months of 2016
Aeroflot Takes Delivery of New Airbus A321 Y. Lyubimov

Aeroflot Takes Delivery of New Airbus A321 Y. Lyubimov

Aeroflot has taken delivery of its new A321 aircraft equipped with aerodynamic wing-tips known as Sharklets
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Company profile

Founded in 1923, Aeroflot is Russia’s oldest and largest airline – and over 93 years has become a global icon for the nation.

Based at Moscow’s Sheremetyevo Airport, it operates services to 131 destinations in 50 countries, including 45 destinations within Russia, as per its current summer schedule (March 27 through October 29, 2016).

Aeroflot’s modern fleet, which is now among the world’s youngest, consists of 188 aircraft, including the latest Airbus A320 family of airliners, as well as Airbus A330s, Boeing 737s, Boeing 777s, and Sukhoi Superjet 100s. In 2007, Aeroflot signed a contract for the purchase of 22 state-of-the-art Airbus A350s.

Last year, Aeroflot carried 26.1 million passengers (up 10.6% year-on-year), flying 74.1 billion passenger-kilometres (up 10.4%). The average load factor reached 79.3% (+1.1 p.p.). A total of 39.4 million passengers (up 4.7%) were carried by the Aeroflot Group, which includes subsidiary airlines Rossiya, Aurora and low-fare operator Pobeda.

Aeroflot belongs to a number of select air transport organizations. It became the first Russian airline to join the International Air Transport Association (IATA) in 1989 and, in April 2006, became a full member of SkyTeam, the world’s second largest airline alliance which, through its vast combined network, offers services to 1,057 destinations in 179 countries. Aeroflot also operates code-sharing agreements with 28 Russian and international airlines. Since 2011, Aeroflot has been a member of SkyTeam Cargo.

The Russian government holds a 51% stake in Aeroflot. The remaining 49% belongs to legal entities and individuals. Vitaly Saveliev has been Aeroflot’s Director General and CEO since April 10, 2009.

According to the 2015 IFRS consolidated financial results, Aeroflot Group’s revenue reached 415.2 billion rubles, up 29.8% year-on-year. The EBITDA margin was up 9.6 p.p. year-on-year to 24.8%; the EBITDA margin was up 6.3 p.p. year-on-year to 14.1%. The group’s operating profit more than tripled year-on-year to 44.1 billion rubles.

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