Aeroflot-Rossiyskiye Avialinii PAO logo

AETG - Aeroflot-Rossiyskiye Avialinii PAO News Story

€4.82 -0.1  -1.6%

Last Trade - 7:02am

Mid Cap
Market Cap £927.3m
Enterprise Value £8.32bn
Revenue £6.96bn
Position in Universe 359th / 1033

As a means of survival, Russian airlines allowed to ship cargo in passenger cabin

Thu 23rd April, 2020 2:17pm
By Gleb Stolyarov
    MOSCOW, April 23 (Reuters) - Seven Russian airlines have
received permission to transport cargo in the passenger cabin,
when no passengers are on board, as the coronavirus outbreak has
halted the majority of flights, the Russian aviation authority
Rosaviatsiya said on Thursday. 
    International passenger flights, with the exception of those
bringing Russian home from abroad, have all been suspended,
leaving airlines looking for alternative ways to make money. 
    Domestic flights within Russia have continued to operate,
but demand for them has also sharply fallen. 
    State carrier Aeroflot  AFLT.MM  and it's unit, Rossiya
Airlines, have been included on the list, along with Ural
Airlines, Nordwind Airlines, Azur Air, Ikar and Royal Flight.
The list could be added to, Rosaviatsiya said. 
    Last week, President Vladimir Putin pledged more than 23
billion roubles ($309 million) in support to airlines, with
Russia's citizens told to stay at home since the beginning of
April in an attempt to slow the spread of the coronavirus.*:nL5N2C35DJ

    ($1 = 74.4750 roubles)

 (Reporting by Gleb Stolyarov, Writing by Alexander Marrow
Editing by Katya Golubkova)
 ((; +7 495 775 1242;))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.