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Company News

27 June 2018

Aeroflot CEO Vitaly Saveliev awarded his fourth Order of the Russian Federation

Moscow, 27 June 2018 – PJSC Aeroflot Chief Executive Officer Vitaly Saveliev has been awarded the Alexander Nevsky Order. The award was given to the head of Russia’s leading airline by the President of the Russian Federation Vladimir Putin at a ceremony that took place on 27 June in the Catherine Hall of the Kremlin. Orders, decorations and honorary titles were awarded to a number of outstanding citizens whose achievements are highly valued by the Russian Federation.

 The Alexander Nevsky order is one of the highest state honours and a fourth order of the Russian Federation awarded to Mr.Saveliev. The award was given to Mr. Saveliev by decree of the President of the Russian Federation for his services in the development of air travel and for his many years of diligent work. Previously, Mr. Saveliev had been awarded the Order for Service to the Fatherland - IV Degree, the Order of Honour and the Order of Friendship. 

 After the arrival of the new management team headed by Vitaly Saveliev, Aeroflot became Russia’s unrivalled leading airline on both international and domestic routes. In 2018, Aeroflot celebrated its 95th anniversary, ranking as the most influential aviation holding in Russia and amongst the top 20 largest airlines globally by passenger traffic. 

 The airline has undergone a complete technological transformation. Aeroflot occupies fourth place in digitalization amongst all airlines worldwide, according to the U.S. consulting firm Bain & Company, and is also the largest online retailer in Russia. The airline, which has the youngest fleet amongst global airlines, operates a modern fleet of than 100 aircraft. 

 Aeroflot has strategic importance as a large consumer and operator of innovative products from Russian aircraft manufacturers. It is currently completing a contract for the acquisition of 50 Sukhoi Superjet 100 planes, of which 44 are already in operation. In addition, at the Annual General Meeting, Aeroflot shareholders approved a transaction to lease 50 of the newest Russian-made MC-21-300 aircraft, with delivery scheduled to begin in 2020.

 According to a study by Brand Finance, an independent brand consultancy, Aeroflot for two consecutive years has maintained its status as the strongest aviation brand worldwide. The airline was awarded Four Star status for its quality of service from the British agency Skytrax – the world’s leading authority on air travel service quality. Aeroflot was also awarded the highest rating of Five Stars by the American Aviation Association APEX.

 The company makes a major contribution to the social-economic development of Russia. The Annual General Meeting of shareholders approved the payment of dividends on the results of the 2017 financial year at 50% of PJSC Aeroflot’s net profit under Russian Accounting Standards. The Russian Government, as majority shareholder of the company, receives the largest share of these dividends. 

 Aeroflot’s strategic goal is to strengthen the transport connections between regions in Russia and to increase the mobility of the Russian population. In order to achieve this, among other things, the company has introduced the ‘flat tariff’ program that ensures the availability of flights between the European centre of Russia and the cities of the Far East, as well as to Simferopol and Kaliningrad. 

According to the company’s Development Strategy, Aeroflot Group should enter into the top 5 European and the top 20 global air carriers in terms of passenger traffic and revenue by 2025. A number of foreign indicators of the 2025 Strategy have been achieved ahead of schedule, and the plans are currently being revised upwards. In the short term, this involves a re-evaluation of the strategy. One of its essential elements is the construction of regional hubs in cities within Russia. This goal is in line with the active development of interregional air travel, a task that the President of the Russian Federation set before the civil aviation community. 

 About Aeroflot

Aeroflot is Russia’s flagship carrier and a proud member of the SkyTeam global airline alliance. Aeroflot serves 146 destinations in 52 countries.

Aeroflot’s 236-strong fleet is the youngest of any airline worldwide that operates more than 100 aircraft. In 2017, Aeroflot carried 32.8 million passengers (50.1 million passengers as Aeroflot Group including subsidiaries).

Aeroflot holds 4-Star Airline status from Skytrax and was named Best Airline in Eastern Europe for the sixth time at the 2017 Skytrax World Airline Awards. Aeroflot has also been awarded a five-star global airline rating by US aviation association APEX.

Aeroflot is the world’s strongest airline brand and most powerful brand in Russia according to leading brand strategy consultancy Brand Finance.

Find out more at http://www.aeroflot.com/