Support The Moscow Times!

Aeroflot to Increase Sales

Aeroflot plans to quadruple passenger traffic and revenue by 2025 to $18 billion, taking advantage of the growing market, Vedomosti reported Wednesday, citing a copy of the company’s strategy it obtained.

Sales this year are about $4.5 billion.

Passenger traffic may reach 80 million people by 2025, up from 19.9 million the carrier expects this year. Aeroflot will also set up a separate charter company and a low-cost airline as a part of its new strategy. 

(Bloomberg)


Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.