Aeroflot Group to reach 65m pax by 2020

Aeroflot board approved (28-May-2015) new long-term targets and implantation strategy. Aeroflot Group will aim to reach 64.7 million passengers p/a by 2020, a market share of 43.1% and a fleet of 367 aircraft. The Group's strategy involves crafting a multi-brand platform, focusing on generating efficiencies, strict cost control and further expansion in the LCC segment. According to the CAPA Fleet Database, Aeroflot Group operates 264 aircraft, with 28 in storage and 123 on order. [more - original PR - English] [more - original PR - Russian]