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Company News

06 October 2009

Aeroflot's Board meeting


October 6 2009, Moscow – Yesterday, Aeroflot’s Board fo Directors held its regular meeting chaired by Igor Levitin, Minister of Transport of the Russian Federation.

The Board considered issues related to the transaction between Aeroflot Russian Airlines JSC and VEB Leasing JSC on the lease of 10 new jet SSJ-100 regional-class airplanes. 

The Board approved the plan for the further implementation of SAP in Aeroflot. It was noted that the practice of using SAP products in Aeroflot shows the necessity for Aeroflot to transition to this game-changing air carriage management level in Aeroflot. The proposed plan is scheduled for 2009 – 2011 and aims at modernization of Aeroflot’s finance and inventory management systems, and SAP extension to operations, budgeting, personnel management, and procurement.

The Board considered the report on Aeroflot’s operational and financial performance for H1 2009. It was noted that, in the current conditions of falling demand for air carriage, the company has driven its share of regular air carriage market in Russia from 24.7% to 26.2% compared to the same period 2008. With passenger turnover falling by 12.1% (against the average 18% for the Russian aviation), the company earned profits of RUB 3.5 billion according to RAS (Russian Accounting Standards).

The personnel matters were also paid attention. Bogdanov Kirill Igorevich was appointed Deputy CEO for IT – he replaced Kiryushin S.E.; Kurmashov Shamil Ravilyevich was appointed Deputy CEO for finance and investment – he replaced Poluboyarinov K.I. Bogdanov K.I. and Kurmashov S. P. were also appointed members of the Governing Board.

The Board also elected the following members of Aeroflot’s Committee for Strategy: Bogdanov Kirill Igorevich, Deputy CEO for IT; Saprykin Dmitry Petrovich, Deputy CEO for legal and property issues.

AEROFLOT is based in Moscow, in the Sheremetyevo International Airport. As 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 42% of Russia’s scheduled international traffic. The company strives to enhance its share of domestic traffic, which now is 13.7% (with its subsidiaries, around 20%).
Aeroflot is a member of SkyTeam, a global airline alliance. Aeroflot provides its customers with an access to a route network of 928 destinations 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, about two thirds are state-of-the-art airliners. The air fleet is regularly replenished. The company plans to receive 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 was the first Russian carrier to be included in the IOSA Registry. In 2009, Aeroflot has confirmed the certificate for the third time and also successfully completed the ISAGO (IATA Safety Audit for Ground Operations) procedure. In March 2008, the company’s Quality Management System was certified as complying with ISO 9001:2000. You are welcome to buy an e-ticket, obtain any info on flight status and booking, get a ticket for your bonus miles, read the news and find out more about Aeroflot on our website

 Department for Public and Government Relations