Aeroflot Sells Subsidiary To Boost Russian Far East Air Transport

Maxim Pyadushkin December 23, 2020
Aurora Airbus A319
Credit: wikimedia
MOSCOW—Aeroflot’s board of directors has approved the sale of 51% of the airline’s smallest subsidiary, Aurora. The 51% stake will be sold to the Sakhalin Region Development Corp.—an investment fund for that Russian Far East region—for the symbolic price of just one ruble. The deal has no commercial...
Maxim Pyadushkin

In addition to writing for Aviation Week Network, Maxim holds a key position at Russia's Air Transport Observer magazine. In the past he was in charge of several ATO’s sister aerospace publications and earlier worked for Moscow-based CAST defense think-tank.

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