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Company News

02 October 2007

In the Board of Directors of the OJSC “Aeroflot”

Yesterday the regular proceedings of the OJSC “Aeroflot” Board of Directors took place, where the first six month’s figures for 2007 the Derivative and financial-business activities were totaled.

For the first six month period of this year 3773.5 passenger traffic occurred (increase in comparison to the similar period of the previous year – 17,9%), 11413.3 passenger/mileage (increase in comparison to the similar period of the previous year-15,9%)

The revenue from shipments by air and air services for the first six months of 2007 constitutes 33531.88 millions of rubles (increase in comparison to the similar period of the previous year – 21.7%)

Total expenses compile 31945.13 millions (increase in comparison to the similar period of the previous year-15.4%). Net profit for the first six month period of 2007 is 3247.2 millions of rubles.

Forecast milestones for the top-level activity of the “Aeroflot” group of companies for 2007-2009 were approved.

The contracts of subleasing of the Being-737-500 aircrafts by OJSC “Aeroflot” from the “Aeroflot-Nord” and “Aeroflot-Don” were also approved. The aircrafts are meant to replace TU-134 on Aeroflot routes before an entry of “Sukhoy superjet-100” into operation. OJSC “Aeroflot-Russian Airlines” (AFLT)-the undisputed leader in civil aviation in Russia,it is the national carrier. Being the largest airline company on the territory of the country transports over seven million people a year. Together with associated companies – about nine million, that makes 23% of the Russian air transport passengers. Possessing a park of 81 aircrafts the group arranges it’s own flights in 93 directions in 47 countries (302 flights in total). It controls 51% of the Russian market of international flights, almost 12% of domestic flights. Net profit in 2006 was 7.9 billions of rubles. (consolidated profit for Aeroflot group constituted 258.1 million USD by IFRS).

Aeroflot presents as one of the oldest airlines companies and is one of the most famous brands in the world.

The Company was founded in 1923 with headquarters in Moscow in the Sheremetyevo International Airport. Aeroflot was the first airlines company in Russia to join SkyTeam global alliance in 2006. Joint route net comprises 728 destination in 149 countries, and it gives Aeroflot’s client the infinite choice opportunity. The bonus system is available to the customers from all the alliance partners of Aeroflot. Information on the advantages from becoming part of SkyTeam- www.skyteam.com 

Aeroflot is a single certified operator on terms of the international aviation safety operation standard IOSA. At www.aeroflot.ru tickets to Aeroflot flights may be bought by on-line paying electronic tickets technology and learn more on Aeroflot company.