Aeroflot

Overview

Aeroflot, formerly Russian Airlines, is the flag carrier and largest airline of the Russian Federation. The airline was founded in 1923, making Aeroflot one of the oldest active airlines in the world. Aeroflot is headquartered in Moscow, with its hub being Sheremetyevo International Airport. The airline flies to 146 destinations in 52 countries, excluding codeshared services. By the end of 2017, Aeroflot controlled roughly 40% of the air market in Russia. Aeroflot owns Rossiya Airlines, Pobeda Airlines – a low-cost carrier, and 51% of airline Aurora. Altogether, Aeroflot and its subsidiaries own over 359 aircraft, composed mainly of Airbus, Boeing, and domestic models such as the Sukhoi Superjet 100. Aeroflot also formerly had a cargo subsidiary named Aeroflot-Cargo, though the branch later merged with the parent airline. Aeroflot became a member of SkyTeam in April 2006, making it the first carrier in the former Soviet Union to do so. The Russian Government owns 51% of Aeroflot through the Federal Agency for State Property Management, with the rest of the shares being free-floating.