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Home > Company Index > Transportation > Airlines > Aeroflot - Russian Airlines

Aeroflot - Russian Airlines
 PROFILE
Like Russia itself, Aeroflot - Russian Airlines is trying to shake off its Soviet past. State-controlled Aeroflot is expecting the Russian government to reduce its 51% stake in the airline as part of a privatization program. Russia's #1 air carrier has also been adding Western-made aircraft to its operations: Airbus and Boeing jets make up about 20% of Aeroflot's fleet of about 115 planes and are used in most of its flights. The airline serves 140 destinations in more than 90 countries. To better compete with Western airlines, Aeroflot has dropped loss-making routes, streamlined operations, and improved services. It plans to enter the SkyTeam marketing alliance led by Delta Air Lines and Air France in 2003.

 COMPETITION
British Airways Plc (BAB)
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Swissair Group (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 1,166.20
1-Yr. Sales Growth: (16.9)%
Employees: 14,994
Revenue per employee: $77,777.78

 KEY PEOPLE
• Valery M. Okulov
    CEO
• Alexander Y. Zurabov
    CFO

 CONTACT INFO
125167 Leningradsky Prospectus 37, Bldg. 9
Moscow, Russia
Phone: 7-95-156-8019
Fax: 7-95-155-6647
Online: Web Site

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