Aeroflot turns in a healthy profit
Russia: Much-derided carrier seemingly unaffected by war gloom
Few can have failed to notice the gloom that has surrounded the world’s airlines in recent months – but aviation analysts have reportedly been “amazed” by news that Aeroflot managed to increase its profits by 143 per cent last year.
The Times reports that the Russian airline, which is famous for its “scowling cabin crews” made £65 million last year and is expecting a five per cent year-on-year increase in passenger numbers for 2003. The carrier is clearly less affected than others by a downturn in transatlantic business, and has benefited from the decision of many airlines to cut back services in and around Russia.
Aeroflot seems to have been relatively unaffected by the war; its deputy general manager told The Times: “There has not yet been any great effect on our business.” As reported by News From Abroad in recent weeks, the carrier recently decided to drop its famous hammer and sickle logo and has plans to revamp its fleet and create a more customer-friendly attitude among staff.
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