newstodate.aero

Aug 12, 2021 (newstodate): Russia is to see a new bid in the market for low-cost flights.
   Russia’s largest privately-owned aviation holding company, S7 has announced its decision to set up a new low-cost carrier, with launch of operations slated for July 2022.
   Four Airbus A320neo aircraft have already been signed up for delivery, to be followed by another four units, while ambitions are to add some six to eight aircraft annually during the first three years of operation.
   With 24 aircraft in the fleet by 2024, the coming new airline plans to be operating a network comprising 66 domestic destinations.
   Today, Russia's only low-cost carrier, and member of the Aeroflot Group, Pobeda received its AOC on November 11, 2014, and performed its maiden flight on December 1, 2014.
   Russia's first LCC, Sky Express performed its first flight on January 29, 2007, but folded its wings in bankruptcy already on October 29, 2011, as was also the fate of another attempt by Avianova that went bust 20 days earlier.