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Company News

10 January 2007

Aeroflot Increases Its Share In OJSC “Aeroflot-Don” To 100%

OJSC ”Aeroflot – Russian airline” has increased its share in the subsidiary OJSC “Aeroflot-Don” from 51 to 100% as a result of acquisition of 49% of OSJC “Aeroflot-Don” shares from CJSC “Investitsionnaya Finansovaya Kompaniya “OPT INVEST”.

OJSC “Aeroflot – Russian Airlines” is based in Moscow, Russia, at the Sheremetyevo Airport. The company was established in 1923. It is the largest air carrier with 39% of international and 11% of domestic carriages in Russia. Aeroflot is a member of the global alliance Sky Team, recognized “The Best Air Alliance” by the readers of Global Traveler Magazine. In 2006 it carried 6,707 mln. passengers to 89 cities of 47 countries. Aeroflot has 302 flights a day and its fleet makes 96 aircrafts. More information is available at www.aeroflot.ru and www.skyteam.com.

OJSC “Aeroflot-Don” is a 100% subsidiary of OJSC “Aeroflot” based in Rostov-on-Don. The largest air company in the south of Russia. It has both scheduled and charter flights to cities in Russia, the CIS countries and abroad. The history of the “Aeroflot-Don” company started in 1925. According to preliminary data the company carried 600 thous. passengers in 2006 and the passenger turnover made 900 mln. ton-km. Its fleet has 15 aircrafts including B737-500, Tu-154.