Aeroflot

Aeroflot – Russian Airlines
Аэрофлот – Российские авиалинии
IATA ICAO Callsign
SU AFL AEROFLOT
Founded3 February 1923 (1923-02-03)
Commenced operations15 July 1923 (1923-07-15)
Hubs
Focus cities
Frequent-flyer programAeroflot Bonus
Alliance
Subsidiaries[3]
Fleet size178, excluding subsidiaries[4]
Destinations104 (airline group)[5]
Traded asMCXAFLT
HeadquartersMoscow, Russia
Key peopleSergei Alexandrovsky (Chairman, CEO)[6]
Revenue₽492 billion[7] (2021)[8]
Operating income₽-5.01 billion[7] (2021)
Net income₽-34.5 billion[7] (2021)
Total assets₽1.11 trillion[7] (2021)
Total equity₽-146 billion[7] (2021)
Employees30,328 (Aeroflot Group)
Websitewww.aeroflot.ru
www.aeroflot.com

PJSC Aeroflot – Russian Airlines (Russian: ПАО "Аэрофло́т — Росси́йские авиали́нии", PAO Aeroflot — Rossiyskiye avialinii), commonly known as Aeroflot (English: /ˈɛərˌflɒt/ or /ˌɛərˈflɒt/ ; Russian: Аэрофлот, transl. "air fleet", pronounced [ɐɛrɐˈfɫot]), is the flag carrier[9][10] and the largest airline of Russia.[11] Aeroflot is headquartered in the Central Administrative Okrug, Moscow, with its hub being Sheremetyevo International Airport. The Federal Agency for State Property Management, an agency of the Government of Russia, owns 73.77% of the company, with the rest of the shares being public float.[12]

The airline was founded in 1923, making Aeroflot one of the oldest active airlines in the world. During the time of the Soviet Union, Aeroflot was one of the largest airlines in the world.[13] In 1992, following the dissolution of the Soviet Union, Aeroflot was divided into approximately 400 regional airlines informally known as Babyflots and was restructured into an open joint-stock company. It shrank its fleet dramatically, switching to Western aircraft and expanding internationally. In 2022, the number of destinations was significantly reduced after many countries banned Russian aircraft as a result of the Russian invasion of Ukraine.[14] It currently operates service to/from Armenia, Azerbaijan, Belarus, China, Cuba, Egypt, India, Iran, Kazakhstan, Kyrgyzstan, Maldives, Mauritius, Seychelles, Sri Lanka, Turkey, United Arab Emirates, and Uzbekistan.[15][16][5]

It has a market share in Russia of approximately 37.8%.[17] Including subsidiaries, the company carried 40.7 million passengers in 2022.[3] Aeroflot also owns Rossiya Airlines and Pobeda, a low-cost carrier.[3]

The Aeroflot fleet, excluding subsidiaries, includes 178 airplanes: 119 Airbus planes and 59 Boeing planes, including 7 that are blocked outside the Russian Federation.[3] However, as a result of international sanctions during the Russian invasion of Ukraine, the company has ordered over 300 Russian-made jets and plans on making the Yakovlev MC-21 its flagship plane.[18]

  1. ^ ""Аэрофлот" открыл международный хаб в Красноярске". TASS. 31 May 2021.
  2. ^ a b c d e f "Flightradar24 data, Aeroflot routes".
  3. ^ a b c d Cite error: The named reference AeroflotProfile was invoked but never defined (see the help page).
  4. ^ "Aircraft Fleet". Aeroflot.
  5. ^ a b "Aeroflot on ch-aviation". ch-aviation.
  6. ^ "Совет директоров Аэрофлота утвердил Александровского на посту генерального директора" (in Russian). Интерфакс. 8 April 2022.
  7. ^ a b c d e "IFRS Consolidated Financial Statements for the year ended 31 December 2021" (PDF). Aeroflot. 2 March 2022. p. 83. Retrieved 2 March 2022.
  8. ^ "ПАО "Аэрофлот"". www.rusprofile.ru (in Russian).
  9. ^ GORDON, NICHOLAS (7 March 2022). "Russia's flag carrier, Aeroflot, is canceling its international flights to stop foreign governments seizing its planes". Fortune.
  10. ^ Cite error: The named reference Vietnamcooperation was invoked but never defined (see the help page).
  11. ^ Blachly, Linda (1 September 2015). "Russia's Aeroflot to acquire Transaero Airlines". Aviation Week & Space Technology. Archived from the original on 2 September 2015. 
  12. ^ "Shareholder Capital Structure". Aeroflot.
  13. ^ "'Fly Aeroflot!' How the Soviet airline became the largest in the world (PICTURES)". Russia Beyond. 24 November 2018.
  14. ^ "Aeroflot halting all foreign flights, minus Belarus, from March 8". Al Jazeera English. 5 March 2022.
  15. ^ "Table of Routes". Aeroflot.
  16. ^ "Aeroflot Flights and Destinations". FlightConnections. 21 March 2024.
  17. ^ "About Aeroflot". Aeroflot.
  18. ^ Cite error: The named reference irkut was invoked but never defined (see the help page).

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