Russia’s Aeroflot Group recorded a RUB-95.527 billion net loss for the fiscal year 2020, down from a RUB 5.287 billion profit in 2019. This includes the effect of large-scale (fixed) cost reductions, optimization measures, and capacity cuts. Cargo operations partly...
Aurora is a Russian Far East air carrier, subsidiary of Aeroflot. As of August 2016, the carrier ranks among the top ten Russian biggest airlines in terms of carried passengers. Its head office is in Yuzhno-Sakhalinsk, Sakhalin. Airline Background insight – Tell us...
If anything is difficult in today’s airline market it is predicting how the industry will recover from the Covid-19 crisis and return to growth. Then there are always targets at which to aim for and this is exactly what Russia’s Aeroflot Group has done recently. At a...
Day 3 of the Dubai Air Show has seen more multi-million dollar deals, but not all have been inked and await further confirmation at a later date. Following an order from SunExpress on Day 2, Boeing continued its renewed interest in the MAX with a Letter of Intent from...
Uber has demonstrated the commitment to make Uber Air, an aerial ridesharing service, a reality. They have more than $20 million invested in the Uber Elevate program and more than 100 dedicated staff. Uber has the brand, the will, and the partners to make good on the...
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