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Company News

16 December 2004

Aeroflot JSC and Mash JSC agreed on strategic partnership

Today the main issues and key indicators of the program of Mash and Aeroflot strategic cooperation were approved at the joint meeting of Aeroflot-Russian Airlines and Sheremetyevo International Airport with the participation of the Companies’ Boards of Directors. They signed an agreement on strategic partnership of two companies. Joint program provides airport capacity increase up to 34 million passengers a year by 2025, service quality increase at the airport up to the level of C class according to IATA classification, establishment of a competitive international traffic center in Sheremetyevo Airport.

They decided to consider realization of the project on Sheremetyevo-3 airport complex construction and establishment of a competitive traffic center in Sheremetyevo Airport to be the prior task of both companies in the middle-term outlook.

The joint program is to be carried out under Aeroflot and Mash Boards of Directors control.

Public Relations Department