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Company News

20 April 2009



20th April 2009

“We acknowledge the decision of the Czech government, which has the legitimate right to select its preferred business partners, not to progress with Aeroflot into the second round of the CSA privatization tender.

Aeroflot’s decision to participate in the tender and the intention of the bid was solely driven by commercial considerations.

Following a thorough examination of CSA’s financial and operational situation, Aeroflot detected considerable risks in the bid, which would have entailed serious financial obligations at a time of a global financial crisis. Thus, the decision of the Czech government objectively corresponds with the interests of Aeroflot's management.

There have been recent statements made by Czech politicians that associated Aeroflot with “a security threat to the Czech Republic” and with a lack of high standards of flight safety. We feel that it would be inappropriate if the Czech government were to have based their decision on politically biased assessments.

In the interest of both CSA and Aeroflot passengers, we firmly intend to continue our active cooperation with CSA in the framework of existing commercial agreements.”

Media contacts:

Katharina Winkler
Ogilvy Public Relations Worldwide
Tel: +44-207-3091027
E-mail: katharina.winkler@uk.ogilvypr.com
Rebecca Perfect
Ogilvy Public Relations Worldwide
Tel: +44-207-3091009
E-mail: rebecca.perfect@uk.ogilvypr.com
Michael Alexander
Ogilvy Public Relations Worldwide
Tel: +44-207-3453047
Email: Michael.alexander@ogilvy.com

Aeroflot International Press Office
125167, Moscow,
Leningradsky pr. 37/12, room 424.
tel./fax +7(495)752-90-71,
tel. +7(495)903-98-20

Editor’s Notes:
OJSC “Aeroflot – Russian Airlines” is based in Moscow, Russia, at the Sheremetyevo Airport. The company was established in 1923. It is Russia's largest air carrier with 45% of international and 12.5% (17% counting affiliated companies) of domestic carriages in Russia. In 2007 it carried eight million passengers (10 million together with its subsidiaries) to 96 locations in 49 countries. It operates a fleet of 88 aircraft. Aeroflot is a member of the global airline alliance SkyTeam.
The International Air Transport Association (IATA) is aimed at positively impacting the aviation industry’s agenda on safety, security, environment issues as well as simplifying business and government regulations, represents 230 airlines from 126 countries and comprises 93 per cent of scheduled international air traffic.