A member of the SkyTeam alliance, Aeroflot (SU) is Russia’s flag carrier and the country’s largest airline. Founded in 1923, it is also one of the world’s oldest airlines. Operating from a hub at Sheremetyevo International Airport (SVO), Aeroflot flies to about 130 destinations. This includes dozens of domestic destinations, as well as airports elsewhere in Europe, and in Asia, Africa, the Middle East, North America and the Caribbean. It also has codeshare agreements with more than 25 other carriers. Aeroflot’s fleet of 161 planes include a variety of one cabin (Economy Class), two cabin (Business Class and Economy Class, or Premium Economy Class and Economy Class) and three cabin (Business Class, Premium Economy Class and Economy Class) configurations.
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| Founded | 3 February 1923 | ||||||
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| Commenced operations | 15 July 1923 | ||||||
| Hubs | Sheremetyevo International Airport | ||||||
| Frequent-flyer program | Aeroflot Bonus | ||||||
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| Fleet size | 244 | ||||||
| Destinations | 146 | ||||||
| Traded as | MCX: AFLT | ||||||
| Headquarters | Moscow, Russia | ||||||
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| Revenue | $10.5 billion (2019) | ||||||
| Operating income | $937 million (2019) | ||||||
| Net income | $164 million (2019) | ||||||
| Total assets | $14.4 billion (2019) | ||||||
| Total equity | $30.1 million (2019) | ||||||
| Employees | 30,328 (Aeroflot Group) | ||||||
| Website | www |
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From its inception to the early 1990s, Aeroflot was the flag carrier and a state-owned enterprise of the Soviet Union (USSR). During this time, Aeroflot grew its fleet to over five thousand domestically-made aircraft and expanded to operate a domestic and international flight network of over three thousand destinations throughout the Soviet Union and the globe, making the airline the largest in the world at the time. In addition to passenger flights, Aeroflot also committed to freight operations and serving the state through transportation and military assistance. Aeroflot was involved in numerous accidents and incidents during its operations compared to any other airline. Following the dissolution of the USSR, the carrier was restructured into an open joint-stock company and embarked on a radical transformation process. Aeroflot shrank the fleet dramatically while at the same time purchasing Western aircraft and newer domestic models and focusing on expanding its international market share before moving to boost its domestic market share.
By the end of 2017, Aeroflot controlled roughly 40% of the air market in Russia. Aeroflot owns Rossiya Airlines – an airline based in Saint Petersburg, Pobeda – a low-cost carrier, and 51% of airline Aurora, based in the Russian Far East. Altogether, Aeroflot and its subsidiaries own 359 aircraft as of 31 December 2019, 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. As of March 2020, the Russian Government owns 51% of Aeroflot through the Federal Agency for State Property Management, with the rest of the shares being free-floating
