- CAPA Analysis
- Schedule Analysis
- Cargo Analysis
- Route Maps
- Fast Fact Report
- Airline Status
- IATA Code
- ICAO Code
- Corporate Address
- 10 Arbat St
- Main hub
- Moscow Sheremetyevo Airport
- Russian Federation
- Business model
- Full Service Carrier
- Domestic | International
- Airline Group
- Part of Aeroflot Group
- Frequent Flyer Programme
- Aeroflot Bonus
- Joined Alliance
- Association Membership
- Codeshare Partners
- Adria Airways
Air Europa Lineas Aereas
China Eastern Airlines
China Southern Airlines
CSA Czech Airlines
Cubana de Aviacion
KLM Royal Dutch Airlines
LOT Polish Airlines
MIAT Mongolian Airlines
Middle East Airlines
Royal Air Maroc
Established in 1923, Public Joint Stock Company Aeroflot — Russian Airlines (Aeroflot PJSC) is Russia's largest national carrier and is part of the Aeroflot Group, a state-owned enterprise of the Russian Government. The carrier operates domestic and international passenger services, mainly from its hub at Moscow Sheremetyevo International Airport. As a full member of SkyTeam, Aeroflot operates to 1,052 destinations in 177 countries via the SkyTeam alliance network. The carrier was the first Russian airline company to join IATA, in 1989.
Location of Aeroflot main hub (Moscow Sheremetyevo Airport)
Aeroflot share price
80 total articles
In recent years, the Aeroflot Group has undergone a significant transformation. From 2009 to 2016 the group's passenger numbers increased fourfold, its load factor improved by 11.3ppts and its revenue grew almost five times.
During this time the group's structure has moved from one of non integrated subsidiary airlines to a clearly focused multi brand approach targeting different market segments. The Aeroflot Group has also refocused its fleet strategy, reducing the number of aircraft types from 18 in 2011 to seven in 2016.
Some measure of the success of Aeroflot's transformation, beyond the obvious growth in scale, can be seen from its improved financial results. In 2016 it reported record profits, in spite of a second successive year of a shrinking economy in Russia. These results were helped by lower fuel prices and by currency movements, but Aeroflot Group's operating margin of 12.8% was better than those of other major European legacy airline groups.
Aeroflot's achievements also owe much to the government directed consolidation of the Russian market in recent years. Indeed, the Russian government's influence has long been a guiding force in Aeroflot's development.
This is Part 2 of a report examining the Russian Federation’s economy, that of Moscow itself, and then Moscow Sheremetyevo Airport (MSA), in the latter case by way of several sets of metrics.
This Part focusses on the airports in Russia and elsewhere that are rivals to it, at the airport's construction activities and at its changing ownership.
It also explores such issues as Russia's attitude to airport privatisation and the tailored approaches it is taking with different airports.
In Oct-2016 Moscow’s Sheremetyevo Airport (MSA) announced plans to become one of the largest passenger and cargo hubs in the world, following the completion of key airport development work ahead of the 2018 FIFA World Cup.
The ambition is certainly there, but achieving it relies on the coming together of matters that are under the airport’s control – such as the construction of a new terminal and runway – and those that are not, among which are numbered the national economy, sanctions, the success or failure of the World Cup (which could still be taken off Russia), the future development of alliances and how other airports compete against Sheremetyevo.
This report examines the Russian Federation’s economy, that of Moscow itself, and then Moscow Sheremetyevo Airport (MSA), in the latter case by way of several sets of metrics. It then looks at the airports in Russia and elsewhere that are rivals to it, at the airport's construction activities and at its changing ownership.
Ryanair's 117million pax in 2016 tops European airline groups. The first time an LCC topped rankings
For the first time ever in Europe, in 2016 a low cost airline carried more passengers than any other airline or airline group, as Ryanair's 117 million passengers pushed Lufthansa Group's 110 million into second place. Ryanair had beaten Lufthansa itself, but not the whole Lufthansa Group. IAG's first full year of including Aer Lingus helped it to take third place from Air France-KLM. Europe's number two LCC, easyJet, was ranked fifth.
The big five can be expanded into a big seven to include Turkish Airlines and the Aeroflot Group, although these two had contrasting growth rates in 2016. A chasing pack of middle sized airline groups includes three LCCs (Norwegian, Pegasus and Wizz Air) and three legacy airlines with varying challenges to establishing sustainable profitability (SAS, Air Berlin Group and Alitalia).
Most of the faster growing airline groups in the top 20 are LCCs and the main growth drivers for Europe's big three legacy groups are their LCC subsidiaries. Just outside the top 20 are some fast growing legacy airlines in Eastern Europe, demonstrating the potential there. Nevertheless, unless there is a big merger or acquisition, Ryanair looks set to remain at number one for some time.
The UTair Aviation Group includes both a rotary wing (helicopter) division and a fixed wing (passenger airline) division. UTair's strategic goals for its passenger transportation division include maintaining third position and a market share of at least 10% in the domestic market; and a fleet modernisation programme through the purchase of new short and medium haul aircraft.
The passenger airline UTair Aviation achieved a 19% increase in passenger numbers in the first 11 months of 2016, after a period of capacity and traffic reduction and financial restructuring. The airline carried 5.5 million passengers in 2015, making it Russia's third biggest airline after Aeroflot and S7 Airlines, while the group carried 8.8 million passengers. UTair has orders to replace a significant proportion of its ageing fleet of aircraft (average age 19 years), but delivery dates are currently fluid.
Moscow Vnukovo is UTair's biggest airport, from where it serves mainly the domestic market. It is the biggest single airline by seats at Vnukovo, but it is outranked by the combined capacity of the Aeroflot Group's three airlines at the airport, Aeroflot, Pobeda and Rossiya. It also faces competition from Aeroflot and/or Pobeda on almost all of its biggest routes from Moscow.
Two years on from its Dec-2014 launch Aeroflot's LCC subsidiary Pobeda is firmly established as the fifth largest airline in Russia by seats, with a 6.8% share in the domestic market (week of 19-Dec-2016, source: OAG). Bucking the trend of declining traffic in the Russian market – which is being dragged down by falling international demand – Pobeda is growing rapidly.
Although still strongly domestically focused, the Moscow Vnukovo-based airline commenced international operations in Feb-2016 and will have launched 12 international routes during the course of 2016.
On a city pair basis, 23 of the 41 Pobeda routes in 2016 are not operated by other Aeroflot Group airlines. There are 17 Moscow routes (and one from Saint Petersburg) flown by both Pobeda and Aeroflot from different airports. An important part of the Aeroflot Group's multi-brand strategy, Pobeda is the only LCC in Russia and has stimulated demand among price-sensitive passengers in point-to-point markets.