AEROFLOT JSC Executive Board Considers Subsidiary Revitalization Plans
Moscow, July 24 2009 – The Executive Board of Aeroflot JSC has considered the revitalization plans and roadmaps for the subsidiaries Aeroflot Don and Aeroflot Nord. The draft plans provide for the both companies to reach positive results by the end of 2009.
The executives made the resolution to continue the cooperation within the Group of Companies, including under code sharing agreements. It is planned that, in September 2009, Aeroflot Don and Aeroflot Nord will submit to the Executive Board the draft budgets and investment programs for 2010.
AEROFLOT is headquartered in Moscow, in the Sheremetyevo International Airport. Russia’s largest carrier, the company flew 9.3 million passengers in 2008, together with its subsidiaries, 11.6 million passengers. Aeroflot operates its own flights to 95 destinations in 48 countries. It accounts for over 45% of Russia’s scheduled international traffic. The company strives to enhance its share of domestic traffic, which now is 12.5% (with its subsidiaries, 17%t).
Aeroflot is a member of SkyTeam, a global airline alliance. Aeroflot has given its customers an access to a route network covering 928 in 174 countries (more info is available on our website www.skyteam.com). Aeroflot operates code-sharing agreements with 29 foreign and Russian airline companies.
Aeroflot has one of Europe’s youngest air fleets that consists of 105 aircrafts, more than half are state-of-the-art airliners. The air fleet is being regularly replenished. The company plans receiving the new generation Russian airplanes Sukhoi SuperJet-100.
Aeroflot complies with the highest international safety standards. Following the results of the International Air Transport Association’s Operational Safety Audit (IOSA), the company has become the first Russian carrier to be included in the IOSA Registry. In 2009, Aeroflot confirmed its IOSA status for the 3rd time. Since March 2008, the company’s Quality Management System has been certified as complying with ISO 9001:2000.
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