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Company News

02 December 2010

Rebuttal

December 02, Moscow. – 30.11.2010 CJSC ‘VTB Capital’ issued a review of analysts focused on the transport sector. In its heading the review characterizes the disclosed information by Aeroflot on ‘disappointing’ projections of the production results in 2010. Data cited by analysts in their review are based on a misprint from an Interfax news agency message, not from an official message of OJSC ‘Aeroflot’. The projection on the passenger traffic and the passenger turnover is mistaken for expectations for 2010 results. The official message of the company included the information on projections of the production parameters’ growth in 2011.

Here with OJSC ‘Aeroflot’ asks to consider the following information:

‘On 29.11.2010 the Board of Directors of Aeroflot approved the production plan for 2011 which envisages growth on all operational figures: passenger turnover - by 23%, passenger transportation - by 27.7% and the seat load factor maintenance at 76%. The plan incorporates conditions associated with SSJ entry into service’.

 

AEROFLOT is Russia’s leading air carrier, member of the global SkyTeam alliance. Its consolidated route network covers 898 destinations in 169 countries. In 2009, Aeroflot carried 8.755 million passengers, group Aeroflot -11,1 million.

Aeroflot holds the first place in passenger service on economy-class short- and medium-haul flights, and business-class long-haul flights among SkyTeam European airlines. Aeroflot’s leading position was discovered based on SkyTeam’s Onboard Survey results for April – September 2009.

Aeroflot is among top 25 airlines in the world by Air Transport World magazine in accordance with the results of financial and economic activity in 2009 (Category “operating profit” and “net profit”)

Aeroflot was the first Russian carrier to enter the IOSA Registry, and has multiple times confirmed the certificate.Aeroflot has successfully passed the ISAGO (IATA Safety Audit for Ground Operations) procedure. The company’s Quality Management System is certified for compliance with ISO 9001:2008.

Aeroflot operates one of Europe’s youngest air fleets that consists of 101 aircraft. Aeroflot is based in Moscow, at Sheremetyevo International Airport. Find more at www.aeroflot.ru.

Department for Public and Government Relations