Aeroflot may launch LCC after acquiring Russian Technologies' Rosavia
28-Apr-10 10:50 AM
| Tweet |
© CAPA
Aeroflot CEO, Vitaly Savelyev, stated the carrier may launch a LCC after completing the acquisition of Russian Technologies’ Rosavia unit (Bloomberg, 27-Apr-2010). Aeroflot will operate Rosavia’s six regional airlines - GTK Rossiya, Kavminvodyavia (KMV), Orenburg Airlines (Orenair), Saratov Airlines (SarAvia), Sakhalin Airways (SAT) and Vladivostok Airlines (Vladavia) - separately from its own “premium” brand, once it has taken control of the group. The the transaction will increase Aeroflot's passenger traffic by 7 million passengers and its fleet by 120 aircraft. Mr Savelyev added that consolidation is required in the Russian aviation industry, with approximately 60 operators serving 45 million passengers. The carrier added that it expects passenger numbers to almost double in 2011 to 20 million after acquiring the regional airlines.
Aeroflot: “We are examining the possibility of transforming the assets of one of the carriers into a low-cost carrier. Aeroflot is a name to be given only to a company which has reached the premium class,” Vitaly Savelyev, CEO. Source: Bloomberg, 27-Apr-2010.
You may also be interested in the following articles...
-
Russian network airline traffic continues to rebound, but without LCCs
15-Dec-2011Russia is becoming a serious force in aviation through the significant growth reported in both passenger and cargo transportation over the last 11 years. It is no surprise, partly considering the massive land area the Russian Federation covers, that aviation is increasingly seen as an efficient way for mass transportation of people and goods across the nation and further afield.
2009 saw the first decrease in passengers carried in the century’s first decade, with numbers declining 9.5% to 45.1 million. However starting in the following year, traffic rebounded with positive figures reported in 2010. The rebound is continuing in 2011, according to the latest traffic figures released by Russia’s Federal Air Transport Agency. The figures show overall growth in both passenger and cargo volumes in the 10 months to Oct-2011, including a 12.3% year-on-year increase in passenger numbers.
This growth comes from the nation’s network carriers, with low-cost operators making hardly any noise in the market. Despite the ever-increasing demand for air travel, Russia still does not have a significant level of low-cost carrier penetration from home or foreign carriers, and the LCC sector took a step back earlier this year with the bankruptcy of Avianova.
-
Belarus aims to privatise Belavia in 2013, with Russian carriers the most likely suitors
10-May-2012Belarus and its aviation industry have come under the spotlight in recent months, not least for its air services dispute with Russia which led to the temporary suspension of all Minsk-Moscow services in late Mar-2012. Discussions regarding the privatisation of national carrier Belavia have also been occurring, with the privatisation likely in 2013 according to Belarus’ Transport Minister. Aeroflot is rumoured to be interested in purchasing the carrier, although other Russian companies are also reported to be interested.
In Apr-2012 the subject of Belavia’s potential privatisation emerged after the Belarusian Government revealed plans to convert state-owned transportation enterprises into open joint stock companies by 2015. Belarusian Transportation Minister Ivan Shcherbo confirmed Belavia was included in these plans with privatisation most likely to occur in 2013.