Aeroflot updates strategy to 2028

Board of directors of PJSC Aeroflot (Moscow Exchange ticker: AFLT) has updated the Aeroflot Group strategy for the period through 2028, targeting 130 million passengers in 2028, the company said.

The Group´s fleet is expected to reach 600 aircraft, of which 235 will be Russian-built.

The Strategy also calls for additional differentiation among the Group´s airlines in terms of their individual priorities and operating models.Aeroflot will focus on developing long-haul operations.

Aeroflot is Russia´s flagship carrier. In 2019, Aeroflot carried 37.2 million passengers (60.7 million passengers as Aeroflot Group including subsidiaries).