The Aeroflot Group is aiming to double its passenger traffic by 2028 and
become one of the world’s ten largest aviation groups.
Announcing the new strategy, CEO Vitaly Saveliev said the airline is
targeting 130 million passengers, a 30 million increase on its previous goal of
carrying 100 million people by 2023. The group transported 60.7 million
passengers in 2019.
The group will further differentiate the operating models of its
individual airlines, with Aeroflot being used to develop the group’s long-haul
network and Rossiya concentrating on the domestic market.
Pobeda will serve the budget market and is expected to account for
around a third of the group’s passenger numbers by 2028.
The group intends to expand its fleet to more than 600 aircraft – from
360 currently – and aims to reduce average economy fares for domestic
passengers by 30 per cent.
“Key aspects of the updated strategy were developed at the end of 2019,”
said Saveliev.
“Recent developments caused by the coronavirus pandemic showed us that
we are on the right track. The updated strategy will make air travel more
affordable and increase mobility, providing additional support for Aeroflot
Group’s future growth.
“It is an ambitious goal, but I believe that we can achieve it and put
Aeroflot Group among the ten largest global aviation groups.”
The Aeroflot Group’s passenger load factor stood at 45.4 per cent in
May.