Thursday, 9 September 2010
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Russian regional carriers to merge with Aeroflot

Tuesday, 9 February 2010
 
   

Russia's flagship carrier Aeroflot is set to merge with several of the country's regional carriers, a Russian transport official announced last week.

Russian Transport Minister Igor Levitin said Tuesday the merger would see the state's fragmented aviation assets roll into one single state-owned joint stock company which would then be merged with Aeroflot.

The Centre for Asia Pacific Aviation reported that regional carriers may include St Petersburg-based Rossiya, Kavminvodyavia and Orenburg Airlines.

The move follows the government's scrapping of plans to set up a second big state airline.

It is predicted that the merger plan will increase Aeroflot's domestic market share from around 15-18% to 30-35% and will be completed by the end of 2010.
 
Source = e-Travel Blackboard: J.L
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