Aeroflot Aeroflot

Aeroflot

Aeroflot is the flag carrier of Russia and one of the largest European and global carriers. The airline is headquartered in the Central Administrative Okrug, Moscow, with its hub being Sheremetyevo International Airport. The airline flies to 146 destinations in 52 countries, excluding codeshared services. In 2020 the Group carried more than 30,2 million passengers.

Aeroflot was founded in 1923, making Aeroflot one of the oldest active airlines in the world. From its inception to the early 1990s, Aeroflot was the flag carrier and a state-owned enterprise of the Soviet Union (USSR). During this time, Aeroflot grew its fleet to over five thousand domestically-made aircraft and expanded to operate a domestic and international flight network of over three thousand destinations throughout the Soviet Union and the globe, making the airline the largest in the world at the time.

In addition to passenger flights, Aeroflot also committed to freight operations and serving the state through transportation and military assistance. Following the dissolution of the USSR, the carrier was restructured into an open joint-stock company and embarked on a radical transformation process. The largest stakeholder in PJSC Aeroflot became the Russian Federation, which has a stake of 57.3% in the Company. 40.7% of total common shares are free-floating.

Aeroflot Group is active in key market segments, from premium to budget, providing passengers with a wide range of travel options.

The Group’s top priority and its social mission are to enhance air connectivity across Russia and its regions and improve population mobility.

Aeroflot Group’s network airlines own the low-cost carrier Pobeda, Rossiya Airlines and 51% of airline Aurora, based in the Russian Far East. Altogether, Aeroflot and its subsidiaries own 359 aircraft as of 31 December 2019, composed mainly of Airbus, Boeing, and domestic models such as the Sukhoi Superjet 100. As of the end of 2020, the Group fleet comprised 342 aircraft, 241 of them operated by Aeroflot Airlines.

Aeroflot had a net profit of €140 million in the first quarter of 2019.

 In 2020, Aeroflot operated 283 scheduled routes. Pobeda LCC network comprised 126 destinations, including 66 not covered by the Group’s other airlines. 

Aeroflot Group is recognized internationally for its customer service. In 2016 Aeroflot Airlines holds 4-Star Airline status from Skytrax, has been named Best Airline in Eastern Europe eight times at the Skytrax World Airline Awards, and also holds Five Star Global Airline status from APEX. In 2019, Aeroflot Airlines received a five-star punctuality rating from OAG and was the world's most on-time mainline airline according to Cirium’s annual On-Time Performance (OTP) Review.

PJSC Aeroflot shares are traded on Moscow Exchange (ticker: AFLT) and internationally as Global Depositary Receipts in Frankfurt.

On 24 February, 2022, after the invasion of Ukraine sanctions stop Aeroflot flying anywhere outside Russia except Belarus. The cancellation also applies to its subsidiaries Aurora and Rossiya.