Aeroflot is reportedly in negotiations with Norilsk Nickel, to sell its Nordavia regional unit, which operates services between Moscow and Arkhangelsk and Murmansk. The carrier operates a mixed fleet of older Boeing narrobodies and Antonov turboprops. Norilsk already has its own airline, Nordstar, which operates primarily as a charter carrier for Norilsk's operations. Aeroflot shares gained 2.1% yesterday, one of the few airlines in Europe to show positive share market performance.
European airline shares traded generally lower, with Cimber Sterling, Lufthansa and SAS Group losing the most ground