Aeroflot board of directors meets, approves establishment of low cost subsidiary

Aeroflot announced (24-Sep-2013) its board of directors met on 24-Sep-2013 and approved the establishment of a low cost subsidiary in the form of a limited liability company. The board also approved the lease of one A321 aircraft on a sale and leaseback agreement for delivery in Oct-2013. The aircraft will be leased for a period of no more than 12 years from the date of delivery. Meanwhile, the airline plans to improve catering in economy class in 2014 while also improving the selection on wines for passengers in all classes. The airline also plans to introduce a special healthy and balanced menu on Moscow-Sochi service over the Winter 2014 Olympics in Sochi. [more - original PR Russian]