Russian state airline Aeroflot said on Thursday it would not proceed with the acquisition of struggling competitor Transaero after its rival's shareholders failed to present an offer for the purchase of a 75 percent stake before the deadline. The decision leaves the future of Transaero, Russia's second-largest airline behind state-controlled Aeroflot, in limbo. Last month,...
Russian airlines carried 63.9 million passengers during the first eight months of 2015, up 0.4% year-over-year (YOY). In August passenger numbers grew 2.3% to 11.5 million, continuing a trend of the previous months. January-August international traffic was down 13.6% compared to the year-ago period to 28.2 million, according to Russia’s Federal Air Transport Agency. Domestic traffic...
Aviastar-SP in cooperation with Irkut Corporation is implementing a project for development of the next-generation airliner MS-21, press-service of United Aircraft Corporation reports. In particular, the Ulyanovsk-based enterprise completed the production of the first test composite tailplane torsion box for MS-21 aircraft. “The test tailplane torsion box was assembled by the specialis...
Transaero Airlines (UN, Moscow, Domodedovo) has confirmed that with effect from October 25 of this year, it will be consolidating its Moscow operations out of Moscow Vnukovo. The carrier currently operates also out of Moscow, Domodedovo. Moscow Sheremetyevo operations ended last year. Transaero said in a statement that the move would bring with it not only commercial and logistic...
Myasishchev design bureau is going to complete the upgrade of M-55 «Geophizika» high-altitude aircraft this year, Interfax reports with reference to a source close to the aircraft industry. “At present the aircraft is being upgraded; the upgrade should be completed this year. It is expected that the flight tests will be started in December,” the source said. Acc...
The board of Russia's United Aircraft Corporation (UAC) has given its leasing subsidary, the Ilyushin Finance Company (IFC), the go-ahead to acquire a 74% stake in local carrier, Red Wings (Russia)(WZ, Moscow Vnukovo). A UAC source told Russia's RIA news agency that IFC management are now set to vote in favour of the purchase. The transaction, which was first announced by IFC&...
Russia's flagship commercial airline Aeroflot has canceled ticketing to Ukraine for dates beyond October 25 when a ban imposed by Ukraine for Russian flights into the country goes into effect, according to the company's booking system. According to the booking system, flights from Moscow to Kiev and Moscow to Odesa departing from October 25 have been tagged "unavailable.&...
Russian Prime Minister Dmitry Medvedev has ordered the transportation ministry to consider retaliatory restrictive measures against Ukraine for banning Russian flights to and over its territory, government spokeswoman Natalya Timakova said Monday. Last week, Kiev said it was banning flights by Russian airlines from Oct. 25 as part of a wave of sanctions against Russia over its support...
On September 21st 2015 Hydromash Company delivered the first set of landing gear for the flying prototype of short- and medium-haul MS-21 passenger airliner (developed by Irkut Corporation); its major rivals are Airbus A320 and Boeing 737 jets, Hydromash’s press-service reports. «MS-21 is the top-priority project of the Russian aircraft industry. Hydromash has been pa...
S7Airlines (S7, Novosibirsk) is considering setting up a subsidiary in the Netherlands. The carrier said in a statement that the entity, which will be based in Amsterdam, will be put to S7 shareholders during an Extraordinary General Meeting (EGM) on October 29. No further details about the project were revealed. Aside from S7 Airlines and Globus (GH, Novosibirsk), the S7 Gro...
Russia could face a barrage of legal action over the downing of flight MH17 as affected countries gather in New York to discuss their options. Australia’s foreign minister, Julie Bishop, will meet with her counterparts from Belgium, Malaysia, the Netherlands and Ukraine on Tuesday during the annual United Nations general assembly meeting. One of the proposals is for a tribunal sim...
Russia will take tit-for-tat measures if Ukraine bans flights across its territory for Russian airlines, Russian Transport Minister Maxim Sokolov said Friday. "We learned from media today that the government of Arseny Yatsenyuk plans to ban flights of the Aeroflot and Transaero airlines on Ukrainian territory. If the intentions are implemented into real documents of Ukraine’s air aut...