newstodate.aero
Jul 4, 2006 (newstodate): Aeroflot is targeting a merger of state-owned Dalavia and VladivostokAvia into a regional new company, tentatively called Aeroflot Vostok, where Aeroflot will have 70 percent shares.
Sources say the projected company will set up a regional subsidy and split off cargo and airport business into separate companies.
The plan is a further step in the on-going consolidation trend in Russia's civil aviation, where Aeroflot has earlier vented vision that the state pay for the newly issued shares in the company with its stakes in Pulkovo Airlines, Rossiya, Dalavia, KrasAir, and Vladivostokavia.
By these efforts Aeroflot strives to counterbalance the early succes of the AiRUnion airline alliance.
Sources say the projected company will set up a regional subsidy and split off cargo and airport business into separate companies.
The plan is a further step in the on-going consolidation trend in Russia's civil aviation, where Aeroflot has earlier vented vision that the state pay for the newly issued shares in the company with its stakes in Pulkovo Airlines, Rossiya, Dalavia, KrasAir, and Vladivostokavia.
By these efforts Aeroflot strives to counterbalance the early succes of the AiRUnion airline alliance.