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Aeroflot plans finalising Rostechnologii assets’ consolidation Nov.

In 2010, the company increased the number of passengers it served by 29 percent to 11,285.8 thousand

MOSCOW, September 27 (Itar-Tass) — Russia’s national aviation carrier Aeroflot plans to finalise consolidation of assets of the Rostechnologii state-run corporation in November of the current year, Aeroflot Deputy Director General, Finances, Shamil Kurmashov said on Tuesday.

“We shall consolidate the assets before end of November, I hope it will happen,” he said.

Earlier information said that Rostechnologii state corporation will give to Aeroflot six aviation companies in exchange of 3.55 percent of Aeroflot’s shares. Aeroflot will receive the following companies: Rossiya, Kavminvody-Avia, Orenburg Aviatrassy, Vladivostok-Avia, Saratov Avialinii, and Sakhalin Avialinii.

Aeroflot ranks first among Russian aviation companies in passenger flow. In 2010, the company increased the number of passengers it served by 29 percent to 11,285.8 thousand. The company’s fleet consists of ten Boeing 767, twelve Airbus A330, 18 Airbus A321, 432 Airbus A320, 15 Airbus A319, six Il-96-300, two Sukhoi Superjet 100, and three MD—11/F/. Aeroflot’s main shareholder is the government, which owns 51.17 percent of shares.

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FACTBOX: Collective Security Treaty Organization

The Collective Security Treaty came into force on April 20, 1994 to herald the emergence what would eventually become the Collective Security Treaty Organization. The six member-countries are Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan