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Company Watch - Aeroflot.


Mar 5, 2007

Aeroflot said it will open an office in Malaga and launch thrice-weekly A320 service from Moscow during the summer schedule. Mar 1, 2007

Aeroflot reports earnings rise but feels limited by Russian e-ticket regulations. Aeroflot said it expects to report a 2006 net profit of RUB6.98 billion ($267.1 million), which would represent a 15.6% improvement over the RUB6.03 billion earned the year before when it suffered a slight drop in net earnings. Mar 1, 2007

Aeroflot revenues grew 13.5% to RUB71.32 billion. The airline carried 7.3 million passengers last year, up 8.9%. Load factor rose 1 point to 70.1%. In conjunction with the announcement, the Aeroflot board issued a plea to the Russian government to expedite ex·pe·dite  
tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites
1. To speed up the progress of; accelerate.

2.
 the implementation of e-ticketing. "The current regulatory framework of the Russian Federation Russian Federation: see Russia.  does not allow Aeroflot to realize its potential in full for full value introduction of technology of e-ticketing similar to existent ex·is·tent  
adj.
1. Having life or being; existing. See Synonyms at real1.

2. Occurring or present at the moment; current.

n.
One that exists.

Adj. 1.
 international practice. This deprives domestic customers of many conveniences," the carrier said in a statement. The board said it instructed SU management and executives to make "suggestions on improving the legal framework of the Russian Federation." Mar 1, 2007

Aeroflot said it sold more than 40,000 tickets on its website last year and attracted 200,000 "prospective customers" to its site each month. It added functionality in six European and three Asian languages and said it hopes to sell more than 1 million tickets through the Internet by 2009 and 25%-30% of all tickets through the Web by the following year. Mar 1, 2007

Austrian Airlines Austrian Airlines AG is the flag carrier airline of Austria, headquartered in Vienna. It operates scheduled sevices to over 130 destinations. Its main base is Vienna International Airport, with a hub at Innsbruck Airport.[1] In 2006 Austrian had 10 million passengers.  formerly worked with Aeroflot, but severing sev·er  
v. sev·ered, sev·er·ing, sev·ers

v.tr.
1. To set or keep apart; divide or separate.

2. To cut off (a part) from a whole.

3.
 ties with a SkyTeam carrier and aligning a·lign  
v. a·ligned, a·lign·ing, a·ligns

v.tr.
1. To arrange in a line or so as to be parallel: align the tops of a row of pictures; aligned the car with the curb.
 with AiRUnion makes sense for the airline, which serves Moscow thrice-daily and offers 39 weekly flights from Vienna to five Russian destinations. It will add a sixth this year, has rights to a seventh and is interested in launching regional service in the country, Burger said. Feb 27, 2007 03/05/2007

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Publication:Airguide Online
Date:Mar 5, 2007
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