EBRD finances Kazakh flag carrier’s maintenance and training centre
The European Bank for Reconstruction and Development lends US$50 million to Air Astana [...]
Finance
The financial burden is eased for Aeroflot Group member airlines
The allocation of initial state subsidies have been approved for all the group’s carriers, except for LCC Pobeda [...]
Russian government finally starts allocating subsidy funds to airlines
The US$315 million funds from the governmental reserve are being made through the national aviation authority Rosaviatsiya [...]
Utair suggests a new debt restructuring plan
The debt-stricken Russian airline is asking creditors to partially write off debts and extend grace periods [...]
Putin allocates US$310 million of state funds to Russia’s troubled airlines
The sum amounts to less than the country’s airlines’ combined fixed costs in the second quarter of 2020 [...]
Ratings agency Fitch downgrades Domodedovo airport to BB
The credit status of Russia’s second largest airport is down because of the Coronavirus outbreak, the outlook is negative [...]
Aeroflot granted a period of grace for lease payments on 67 aircraft
Following Russia’s airline group’s arrangement with VTB Leasing, it is now anticipating similar indulgences from other state lessors [...]
Low-cost carrier Pobeda doubled its profits last year
The Aeroflot Group’s budget airline subsidiary posted net profits of 4.9 billion roubles in 2019 [...]
Russia’s VTB Leasing considers expanding into global markets
The local market is too small for one of the country’s largest lessors [...]
Russia’s state investment vehicle to purchase 100 Superjet 100s for Aeroflot
The Russian government sees this is the best the way to support Sukhoi Civil’s aircraft production [...]
Aeroflot considers a part-IPO for Pobeda, its budget airline daughter company
Parent may float up to 25 per cent of Russia’s only low-cost carrier subsidiary [...]
Guernsey-based company acquires Moldova’s major airport from Russian business
Chisinau International Airport acquired by Rothschild family investment vehicle [...]
Unfinished apron holds up the launch of Domodedovo’s new terminal
Delays to the state-sponsored reconstruction of Russia’s second largest airport are depreciating private investments [...]
airBaltic successfully places a €200 million bonds issue
Cash injection will allow the Latvian flag carrier to continue with its fleet modernisation [...]
Utair Airlines implores creditors to write off 40 per cent of its debts
Major Russian airline’s outstanding obligations have now reached US$1.15 billion [...]
airBaltic appoints a sales broker for its six Boeing 737CLs
Latvian carrier commissions UK-based Skytech-AIC to re-market its old B737s – and the sale and leaseback financing of 10 new A220s [...]
Opinion: Conflicting trends
Russian air transport industry must make a decisive effort to review its financial credentials [...]
Magnetic MRO bonds offering raises €8 million to support its growth plans
The Baltic technical care company has instigated bond trading to raise funds [...]
Yakutia Airlines receives another injection from the regional budget
The Russian carrier is hopeful of resuming international services before the end of the first quarter [...]
Discover how Russia and the CIS’ air transport business will become the biggest in Eastern Europe, Central Asia
Talk to market players at Aircraft Finance and Lease Russia & CIS conference [...]
Russian government to continue financial support of regional air travel
Some 3.8 billion roubles have been reserved in the 2019 state budget [...]
Russia’s Promsvyazbank to underpin SSJ100 lease financing
Russia’s Promsvyazbank to underpin SSJ100 lease financing [...]
GTLK Europe’s 14 aircraft gain refinancing input from PK AirFinance
This is a new relationship for PK AirFinance with a Dublin-based subsidiary of Russia’s largest leasing company [...]
Aeroflot to buy back shares from dissenting shareholders
The airline is to spend 7.04 billion rubles buying back its shares from those holders who did not approve the MC-21 deal [...]
Financially-stricken Air Kyrgyzstan awaits possibility of privatisation
Kyrgyzstan’s state-owned carrier has been out of local operations for a long time [...]
Over 200 participants confirmed for Aircraft Finance & Lease Russia & CIS conference
The event will gather aviation professionals in Moscow on April 26th [...]
Best-ever operating results for airBaltic
Fourfold net income increase for Latvia’s national carrier in 2017 [...]
Novaport acquires stake in Stavropol Airport
The investor announced intentions to boost the airport's traffic by 70% by 2022 [...]
Aeroflot Group remained profitable in 2017
... but affiliated carrier Rossiya Airlines suffered a loss [...]
S7 Group invests in online facilitator for car rental, transfers
GetTransfer is a Russian start-up company with international presence [...]
S7 Group regains full control over S7 Airlines
Eurofinance-Nedvizhimost, which has given up its 10.05% stake in the Russian carrier [...]
Revenues of Russian online travel agencies keep falling
The trend is explained by a drop in air fares [...]
Azimuth Airlines to get new stakeholder
A regional entity is lending a hand [...]
Aeroflot sells 4.8% of shares to undisclosed party
The carrier's publicly traded stock thus grew to reach 45.8% [...]
UTair posts forecasted losses
The Russian airline explained the current financial performance by the growing competition, especially in view of aggressive capacity expansion. [...]
Aeroflot reports half-year net profit plunge
The airline's performance deteriorated despite intensive traffic growth [...]
UTair to pay off debts instead of dividends
The airline is asking its shareholders to support the steering committee's recommendation [...]
Red Wings looking to reach profitability in 2017
Russian-made Tu-204s currently constitute the core of the carrier's fleet [...]
UTair reports Q1 net loss
The carrier blames depreciation of the national currency [...]
Russian Helicopters deliveries slid 11% in 2016
The company explains the decline by the global drop in demand for rotorcraft [...]
Aeroflot losses down 24% in Q1
Russia's largest airline posted a net loss of 2.291 billion rubles in Q1 2017 [...]
Ukraine International Airlines back in the black
Ukraine’s flagship carrier posts a net profit for the first time in three years [...]
Orenburzhye to get subsidies from regional budget
The carrier's fleet includes 10 L-410 turboprops [...]
Yamal Airlines posts sevenfold profit growth for 2016
The record figure was partially due to government subsidies [...]
S7 Airlines net profit tripled in 2016
The Russian airline's main focus is on regional operations, but it also has Boeing 767 widebodies in its fleet [...]
Budget support for Russian aircraft makers cut again
The government has reduced the total budget of the 2013-2025 aviation program by 11.4% [...]
SCAC net loss decreases threefold year-on-year
Sukhoi Civil Aircraft Company delivered 26 SSJ100 regional jets in 2016 [...]
SAS planning to sublease turboprops from Estonian carrier
Austrian carrier InterSky's ATR 72-600 will become the first of the type to be jointly operated by Scandinavian Airlines and Regional Jet [...]
Kazakhstan carriers see revenues grow 19% in January and February
The improved financial results are a result of the 12% surge in passenger traffic. [...]
Ural Airlines posts 840% revenue growth
The Russian carrier's 2016 net profit amounted to 2.692 billion rubles ($45.63 million) [...]