DOCSLIB.ORG

INVESTOR PRESENTATION May 2014

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

AEROFLOT – RUSSIAN AIRLINES INVESTOR PRESENTATION May 2014 \\IBLNS003VF\EAST2013\03 Presentations\Graphics\Template\01 Aeroflot Cover.psd Disclaimer 0/58/129 This communication has been prepared by and is the sole responsibility of the issuer that is the subject of this communication. This communication 148/190/224 is provided for information purposes only. Any offering of any security or other financial instrument that may be related to the subject matter of this communication (a “financial instrument”) will be made pursuant to separate and distinct documentation (an “offering circular”) and in such case the information contained herein will be superseded in its entirety by any such offering circular in its final form. In addition, because this communication is a summary only, it may not contain all material terms and this communication in and of itself should not form the basis for any investment decision. 119/119/119 The information and opinions herein is believed to be reliable and has been obtained from sources believed to be reliable, but no representation or warranty, express or implied, is made with respect to the fairness, correctness, accuracy reasonableness or completeness of the information and opinions. There is no obligation to update, modify or amend this communication or to otherwise notify the recipient if information, opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate. 79/115/160 The recipient is strongly advised to seek their own independent advice in relation to any investment, financial, legal, tax, accounting or regulatory issues discussed herein. Nothing contained herein shall constitute any representation or warranty as to future performance of any financial instrument, credit, currency, rate or other market or economic measure. Furthermore, past performance is not necessarily indicative of future results. The issuer disclaims liability for any loss arising out of or in connection with a recipient’s use of, or reliance on, this communication. 255/135/102 Financial instruments that may be discussed herein may not be suitable for all investors and potential investors must make an independent assessment of the appropriateness of any transaction in light of their own objectives and circumstances, including the possible risks and benefits of purchasing any such financial instruments. By accepting receipt of this communication the recipient will be deemed to represent that they possess, either individually or through their advisers, sufficient investment expertise to understand the risks involved in any purchase or sale of any financial instrument discussed herein. If a financial instrument is denominated in a currency other than an investor’s currency, a change in exchange rates 92/155/209 may adversely affect the price or value of, or the income derived from, the financial instrument, and any investor in that financial instrument effectively assumes currency risk. The distribution of this document and availability of these products and services in certain jurisdictions may be restricted by law. 200/200/200 255/102/0 1 Aeroflot Today – #1 Russian Carrier with a Global 0/58/129 Network 148/190/224 1 #1 airline in one of the fastest growing global markets with leading positions on both domestic and international routes 2 An expanding global network with 1411 destinations in 54 countries (incl. Russia) 119/119/119 3 Best product and customer experience in our markets 79/115/160 4 Multi-brand offering to reach the full customer spectrum and meet demand across geographies 255/135/102 5 Modern, efficient fleet – one of the youngest in Europe 6 Solid track record of delivering positive financial results and shareholder returns 92/155/209 7 Strong financial and organisational platform and clear strategy for future profitable growth 200/200/200 1 Without code sharing. 255/102/0 2 Modern Global Airline, Rich 90-year Heritage 0/58/129 148/190/224 2010-2011: New 1991: 2000: Listed modern terminals 2006: Joined 2014: Launch of Reorganised as on Moscow D & E put into operation SkyTeam Official airline Low Cost Carrier Joint Stock Exchange at Russia’s main airport alliance Company (+25 gates and 17m 119/119/119 passenger capacity), Aeroflot’s hub 1923 1980s 1991 1992 2000 2006 2009 2011 79/115/160 2013 - 2014 255/135/102 1923: Russian 1980s: Flights to 1992: Start of 2009: Restructuring 2011: Acquired 2013 – 2014: civil aviation all continents; fleet programme – new corporate domestic regional Regional airline industry and passenger annual modernisation structure and management carriers Rossiya, integration ongoing. Aeroflot’s traffic of 120m first Airbus and team Vladivostok Air, Creating Aurora 92/155/209 predecessor Boeing 767 (CEO Vitaly Saveliev) Sakhalinskie Aviatrassy, Airlines, a Russian Far established delivered East carrier (merging 2009: further fleet Orenair from Rostec. Vladavia and SAT) modernisation (+24 new Integration begins aircraft) (including Donavia) 200/200/200 Major developments over the past 5 years strengthened Aeroflot’s position and created the platform for future growth 255/102/0 3 0/58/129 148/190/224 119/119/119 Strategic Overview: Market Dynamics and Aeroflot’s Approach 79/115/160 255/135/102 92/155/209 200/200/200 255/102/0 4 Global Air Transportation: 2014 a Rebound Year 0/58/129 Source: Demand: European PAX Growth Accelerating in 2014 Supply: European ASMs1: Risk for 2014? 1) Demand: PAX Growth: c.5.7% 148/190/224 in 2013 vs. 3.7% in 2012 24% 120 000 40% 2) Supply: European ASMs: Risk for 2014? 18% 96 000 30% https://360.gs.com/gs/portal/?st= 12% 1&action=action.binary&d=16411 72 000 20% 685&fn=/document.pdf 119/119/119 6% 5,3% 48 000 10% 3) Jet Fuel Prices: Further 0% Downside in 2014 24 000 0% https://360.gs.com/gs/portal/?st= (6)% 1&action=action.binary&d=16268 0 (10)% 907&fn=/document.pdf (12)% янв-2010 янв-2011 янв-2012 янв-2013 янв-2014 4) Improving EBIT margin: 79/115/160 янв-2005 июл-2006 янв-2008 июл-2009 янв-2011 июл-2012 янв-2014 Europe ASM (LHS) ASM YoY (RHS) http://www.iata.org/whatwedo/Do cuments/economics/IATA- Jet Fuel Prices: Further Decline Possible in 2014 Improving EBIT Margin of the Air Transportation Industry, % Economic-Briefing-Financial- Forecast-December-2013.pdf $3,3 60% $3,2 2,0% 0,8% 0,7% 1,3% 45% 2,4% 8,0% 255/135/102 $3,1 6,4% 5,7% 4,8% 4,4% 30% 4,1% 3,5% $3,0 3,4% 3,0% 3,3% 2,8% $2,9 1,2% 15% 0,1% $2,8 0% $2,7 $2,6 (15)% (1,8)% 92/155/209 (2,2)% (4,7)% Q3 2013 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q4 2013 Q1 2011 2008 2009 2010 2011 2012 2013E 2014E Q1 2014E Q2 2014E Q3 2014E Q4 2014E Jet Fuel Price, $/gal YoY Change North America Europe Asia-Pacific 200/200/200 Positive GDP outlook and accelerating passenger traffic are expected to translate into gradually expanding industry profitability in the mid-term Source: ATA, IATA, OAG 1 Average seat-miles. 255/102/0 5 Regional Growth Trajectory 0/58/129 Growth Rates for 2013-2032 148/190/224 Global North America Europe Russia and CIS 5,9% 4,7% 119/119/119 3,2% 3,3% 3,5% 4,0% 2,5% 1,8% RPK Growth GDP Growth RPK Growth GDP Growth RPK Growth GDP Growth RPK Growth GDP Growth 79/115/160 Latin America Middle East Asia Pacific 6,4% 5,8% 5,2% 255/135/102 4,5% 4,0% 3,7% 92/155/209 RPK Growth GDP Growth RPK Growth GDP Growth RPK Growth GDP Growth Regional growth forecast to exceed global trend Regional forecast to lag behind global trend Source of 3bn passengers currently: Number of annual air travellers increased by one third in the last decade, currently approaching 3bn. This trend is http://www.icao.int/Newsroom/Pages/ 200/200/200 set to continue with passenger traffic more than doubling in the next 20 years, with growth pace higher in annual-passenger-total-approaches- emerging markets 3-billion-according-to-ICAO-2012-air- transport-results.aspx Source: Airbus Global Market Forecast 2013-2032 255/102/0 6 Emerging Markets’ Fundamentals 0/58/129 10 Largest Economies in 2030 Global Middle Class by 2032 5,211 148/190/224 757 x2 Other 3,576 578 3 526 x4 Asia Pacific 47,5 MiddleClass¹ 2,228 35,8 432 2 038 856 119/119/119 4,1 North America (millions of people)(millions 253 10,4 8,7 6,7 6,6 6,3 Global 265 262 5,4 5,2 675 698 675 Europe & CIS UK GDP ($ trillion, Nominal) 2012 2022 2032 World USA India Brazil China Japan 7,100 7,800 8,400 Population Russia Turkey France 2030 Germany % of World 32% 46% 62% 79/115/160 Emerging Markets Developed Markets Population GDP/Capita in 2030 A Global World: Air Transport’s Increasing Distribution 2030 Real GDP/ Capita as a Multiple of 2013: 100 90 2.9x 1.5x 3.1x 1.7x 1.2x 1.3x 1.8x 1.4x 1.3x 2.3x 80 47% 255/135/102 70 69% 63% 101,0 60 50 40 24% 30 83,1 77,3 76,2 (%) Capacity 20 14% 18% 6,9 60,1 56,8 47,1 33,7 28,4 10 10% 12% 22% Share of Offered WorldShare 0 92/155/209 UK USA India 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Brazil China Japan Turkey Russia France Advanced Advanced Advanced Emerging Developing Emerging Germany 2030 GDP per Capita'000) GDP per ($ 2030 Emerging Markets Developed Markets Advanced Developing Developing Developing Emerging Emerging 200/200/200 Emerging markets’ economic growth, large populations and developing middle class forecast to be the main drivers of air traffic volumes Source: Euromonitor, Airbus Global Market Forecast 2013-2032 255/102/0 7 Russian Total Passenger Traffic Growth: Significant Strength of the Russian Market \\IBLNS003VF\EAST2013\07 Due diligence\CMD materials\Market Dynamics\Airline
Recommended publications
  • Presentation Is Made, Or by Reading the Presentation Slides, You Agree to the Following

    Presentation Is Made, Or by Reading the Presentation Slides, You Agree to the Following

    AEROFLOT GROUP Q3 & 9M 2020 IFRS R ESULTS 1 December 2020 Speakers: Andrey Chikhanchin – Deputy CEO for Commerce and Finance Andrey Panov – Deputy CEO for Strategy, Service and Marketing Ivan Batanov – Head of Revenue Management Disclaimer This document has been prepared by PJSC “Aeroflot” (the “Company”). By attending the meeting where the presentation is made, or by reading the presentation slides, you agree to the following. This document does not constitute or form part of any advertisement of securities, any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for, any securities of the Company in any jurisdiction, nor shall it or any part of it nor the fact of its presentation or distribution form the basis of, or be relied on in connection with, any contract or investment decision. No reliance may be placed for any purpose whatsoever on the information contained in this document or on assumptions made as to its completeness. No representation or warranty, express or implied, is given by the Company, its subsidiaries or any of their respective advisers, officers, employees or agents, as to the accuracy of the information or opinions or for any loss howsoever arising, directly or indirectly, from any use of this presentation or its contents. This document may include forward-looking statements. These forward-looking statements include matters that are not historical facts or statements regarding the Company’s intentions, beliefs or current expectations concerning, among other things, the Company’s results of operations, financial condition, liquidity, prospects, growth, strategies, and the market in which the Company operates.
  • The Change Is NOW ! EXECUTIVE SUMMARY

    The Change Is NOW ! EXECUTIVE SUMMARY

    The change is NOW ! EXECUTIVE SUMMARY The inflight business has changed dramatically in recent years The aim of this presentation is to share and point out the recent evolution we, at ISG , have noticed To provide food for thought on how we can all remain competitive & efficient while answering the new expectations of our customers. AGENDA Introduction of Inflight Sales Group PART I : Evolution of passengers’ expectations PART II : Market revolution PART III : Airline perspective INTRODUCTION Inflight Sales Group ISG – The original concessionaire 2015 Opening of an ISG Office in Riga with a team dedicated to Russia and Eastern Europe Opening of Supplier of amenity kits to 2014 the European 1982 more than 60 Airlines 1994 Rapid growth from 1 ISG Office in worldwide and an airline to 34 airlines Paris exclusive distributor of major duty free brands 1996 Establishment of Awarded another Inflight Sales Group 2013 long term 1986 1st Concession at (HK) Ltd contract with Pan American Cathay Pacific and Dragonair 1999 Expansion to Asian Airlines WINNER OF MULTIPLE AWARDS “Inflight Travel Retailer of the Year” from Duty Free News International (DFNI) 2008 / 2009 / 2010 / 2011 / 2012 / 2015 “Inflight Travel Retailer of the Year” At Frontier Awards 2010 / 2011 / 2012 / 2013 / 2014 “Best new marketing initiative” in 2008 “Best Inflight Concessionaire” at the Airline Retail Conferences (ARC) in Singapore and Paris 2013 / 2014 / 2015 OUR EXPANDING CUSTOMERS FOOTPRINT ISG is proud to partner with 26 airlines worldwide Our commitment in building long-term relationships with our clients, offering innovative product sourcing and revolutionary service solutions has successfully taken inflight revenue to new heights and transformed duty free as a core component of the airline business.
  • IATA CLEARING HOUSE PAGE 1 of 21 2021-09-08 14:22 EST Member List Report

    IATA CLEARING HOUSE PAGE 1 of 21 2021-09-08 14:22 EST Member List Report

    IATA CLEARING HOUSE PAGE 1 OF 21 2021-09-08 14:22 EST Member List Report AGREEMENT : Standard PERIOD: P01 September 2021 MEMBER CODE MEMBER NAME ZONE STATUS CATEGORY XB-B72 "INTERAVIA" LIMITED LIABILITY COMPANY B Live Associate Member FV-195 "ROSSIYA AIRLINES" JSC D Live IATA Airline 2I-681 21 AIR LLC C Live ACH XD-A39 617436 BC LTD DBA FREIGHTLINK EXPRESS C Live ACH 4O-837 ABC AEROLINEAS S.A. DE C.V. B Suspended Non-IATA Airline M3-549 ABSA - AEROLINHAS BRASILEIRAS S.A. C Live ACH XB-B11 ACCELYA AMERICA B Live Associate Member XB-B81 ACCELYA FRANCE S.A.S D Live Associate Member XB-B05 ACCELYA MIDDLE EAST FZE B Live Associate Member XB-B40 ACCELYA SOLUTIONS AMERICAS INC B Live Associate Member XB-B52 ACCELYA SOLUTIONS INDIA LTD. D Live Associate Member XB-B28 ACCELYA SOLUTIONS UK LIMITED A Live Associate Member XB-B70 ACCELYA UK LIMITED A Live Associate Member XB-B86 ACCELYA WORLD, S.L.U D Live Associate Member 9B-450 ACCESRAIL AND PARTNER RAILWAYS D Live Associate Member XB-280 ACCOUNTING CENTRE OF CHINA AVIATION B Live Associate Member XB-M30 ACNA D Live Associate Member XB-B31 ADB SAFEGATE AIRPORT SYSTEMS UK LTD. A Live Associate Member JP-165 ADRIA AIRWAYS D.O.O. D Suspended Non-IATA Airline A3-390 AEGEAN AIRLINES S.A. D Live IATA Airline KH-687 AEKO KULA LLC C Live ACH EI-053 AER LINGUS LIMITED B Live IATA Airline XB-B74 AERCAP HOLDINGS NV B Live Associate Member 7T-144 AERO EXPRESS DEL ECUADOR - TRANS AM B Live Non-IATA Airline XB-B13 AERO INDUSTRIAL SALES COMPANY B Live Associate Member P5-845 AERO REPUBLICA S.A.
  • My Personal Callsign List This List Was Not Designed for Publication However Due to Several Requests I Have Decided to Make It Downloadable

    My Personal Callsign List This List Was Not Designed for Publication However Due to Several Requests I Have Decided to Make It Downloadable

    - www.egxwinfogroup.co.uk - The EGXWinfo Group of Twitter Accounts - @EGXWinfoGroup on Twitter - My Personal Callsign List This list was not designed for publication however due to several requests I have decided to make it downloadable. It is a mixture of listed callsigns and logged callsigns so some have numbers after the callsign as they were heard. Use CTL+F in Adobe Reader to search for your callsign Callsign ICAO/PRI IATA Unit Type Based Country Type ABG AAB W9 Abelag Aviation Belgium Civil ARMYAIR AAC Army Air Corps United Kingdom Civil AgustaWestland Lynx AH.9A/AW159 Wildcat ARMYAIR 200# AAC 2Regt | AAC AH.1 AAC Middle Wallop United Kingdom Military ARMYAIR 300# AAC 3Regt | AAC AgustaWestland AH-64 Apache AH.1 RAF Wattisham United Kingdom Military ARMYAIR 400# AAC 4Regt | AAC AgustaWestland AH-64 Apache AH.1 RAF Wattisham United Kingdom Military ARMYAIR 500# AAC 5Regt AAC/RAF Britten-Norman Islander/Defender JHCFS Aldergrove United Kingdom Military ARMYAIR 600# AAC 657Sqn | JSFAW | AAC Various RAF Odiham United Kingdom Military Ambassador AAD Mann Air Ltd United Kingdom Civil AIGLE AZUR AAF ZI Aigle Azur France Civil ATLANTIC AAG KI Air Atlantique United Kingdom Civil ATLANTIC AAG Atlantic Flight Training United Kingdom Civil ALOHA AAH KH Aloha Air Cargo United States Civil BOREALIS AAI Air Aurora United States Civil ALFA SUDAN AAJ Alfa Airlines Sudan Civil ALASKA ISLAND AAK Alaska Island Air United States Civil AMERICAN AAL AA American Airlines United States Civil AM CORP AAM Aviation Management Corporation United States Civil
  • List of Attendees

    List of Attendees

    AIRCRAFT FINANCE AND LEASE RUSSIA & CIS 8th international conference 14 April 2016, Moscow Metropol Hotel List of Attendees Company Name Position Sales & Marketing Manager, Russia & A J Walter Aviation Natasha Meerman CIS AerCap David Beker Vice President Aergo Capital Gerry Power Chief Commercial Officer Aergo Capital Martin Browne Marketing Manager Aerocredo Anton Kuznetsov Commercial Director Head of Analytical Group of Department of Planning and Fleet Aeroflot - Russian Airlines Yuri Alimbek Development Aeroflot - Russian Airlines Evgeniy Artemov Chief Expert Aeroflot - Russian Airlines Diana Balakina Chief Expert Fleet Management Group Aeroflot - Russian Airlines Evgenia Burlakova Chief Expert of Analytical Group Chief Specialist Fleet Management Aeroflot - Russian Airlines Natalia Evdokimova Group Aeroflot - Russian Airlines Evgeniy Kozhukhar Chief Expert Fleet Management Group Aeroflot - Russian Airlines Sergey Korolev Lead Expert Leading Expert Fleet Management Aeroflot - Russian Airlines Aleksey Kukolev Group Head of Fleet Management Group Aeroflot - Russian Airlines Evgeny Kurochkin Continuing Airworthiness Department Aeroflot - Russian Airlines Elena Ozimova General Expert Deputy Director Planning and Aeroflot - Russian Airlines Aleksey Siluanov Development of the Aircraft Fleet Aeroflot - Russian Airlines Yuliya Smirnova Lead Expert Aeroflot - Russian Airlines Irina Solokhina Leading Expert of Analytical Group Aeroflot - Russian Airlines Veronica Tyurina Chief Expert Head of Aircraft Fleet Management Aeroflot - Russian Airlines
  • List of Foreign EASA Part-145 Approved Organisations

    List of Foreign EASA Part-145 Approved Organisations

    EASA-IFP - List of Valid Foreign Part 145 organisations (WEB) List of valid Foreign Part-145 organisations This list contains valid approvals, including limited and partially suspended ones. Approved organisations EASA ap​proval num​ber Cer​tifi​cate ad​dress Coun​try - Status of Approval: Patially Suspended (3) EASA.145.0469 NW TECHNIC LLC RUSSIA EASA.145.0547 ONUR AIR TASIMACILIK A.S. D/B/A ONUR AIR TURKEY EASA.145.0660 LIMITED LIABILITY COMPANY ''UTG DOMODEDOVO'' T/A UTG AVIATION SERVICES RUSSIA - Status of Approval: Valid (334) EASA.145.0003 GOODRICH AEROSTRUCTURES SERVICE (CENTER-ASIA) PTE Ltd. SINGAPORE EASA.145.0005 CHROMALLOY (THAILAND) LTD. THAILAND EASA.145.0007 ''UZBEKISTAN AIRWAYS TECHNICS'' LIMITED LIABILITY COMPANY UZBEKISTAN EASA.145.0008 KUWAIT AIRWAYS COMPANY KUWAIT EASA.145.0010 ABU DHABI AVIATION UNITED ARAB EMIRATES EASA.145.0012 AEROFLOT RUSSIAN AIRLINES RUSSIA EASA.145.0015 AIR ASTANA JSC KAZAKHSTAN EASA.145.0016 AI ENGINEERING SERVICES LIMITED t/a AIESL INDIA EASA.145.0017 AIR MAURITIUS Ltd. MAURITIUS EASA.145.0018 AIRFOIL SERVICES SDN. BHD. MALAYSIA EASA.145.0019 GE AVIATION, ENGINE SERVICES - SING PTE. LTD. SINGAPORE EASA.145.0020 ALIA - THE ROYAL JORDANIAN AIRLINES PLC CO (ROYAL JORDANIAN) JORDAN EASA.145.0021 AIRCRAFT MAINTENANCE AND ENGINEERING CORPORATION, BEIJING (AMECO) CHINA EASA.145.0022 AMSAFE AVIATION (CHONGQING) Ltd. CHINA EASA.145.0024 ASIA PACIFIC AEROSPACE Pty. Ltd. AUSTRALIA EASA.145.0025 ASIAN COMPRESSOR TECHNOLOGY SERVICES CO. LTD. TAIWAN EASA.145.0026 ASIAN SURFACE TECHNOLOGIES PTE LTD SINGAPORE EASA.145.0027 AEROVIAS DEL CONTINENTE AMERICANO S AVIANCA S.A. COLOMBIA EASA.145.0028 BAHRAIN AIRPORT SERVICES BAHRAIN EASA.145.0029 ISRAEL AEROSPACE INDUSTRIES, Ltd.
  • Aurora Airlines to Launch New Charter Service Between Narita and Yuzhno-Sakhalinsk!

    Aurora Airlines to Launch New Charter Service Between Narita and Yuzhno-Sakhalinsk!

    [Joint Press Release] Aurora Airlines (UTS Air Service Inc.) Narita International Airport Corporation Aurora Airlines to Launch New Charter Service between Narita and Yuzhno-Sakhalinsk! Tokyo, 15 April 2014: We are delighted to announce the launch of a new charter service between Narita and Yuzhno-Sakhalinsk to be operated by Aurora Airlines (IATA Code: HZ) from Thursday, 1 May 2014. Aurora Airlines was established in September 2013 by amalgamating SAT Airlines and Vladivostok Air. It operates domestic services within Russia between Yuzhno-Sakhalinsk and major cities in the Russian Far East, while operating international services from Yuzhno-Sakhalinsk to 3 countries including the Narita route. Yuzhno-Sakhalinsk, the capital of the state of Sakhalin in Russia is located two and a half hours away from Narita by air, and is a key economic and cultural center and as the base for large-scale underground resource development projects by joint ventures comprising firms from Japan, Russia, Europe and the US. The launch of this new Aurora Airlines service will stimulate greater exchanges between Japan and the Russian Far East region. Flight Schedule: 2 flights/week (Tue, Thu) from 1 May 2014 Flight Departure STD Arrival STA Outbound HZ9234 Narita 16:30 Y-Sakhalinsk 21:00 Inbound HZ9233 Y-Sakhalinsk 13:05 Narita 13:50 * All times local Terminal: Terminal 1, North Wing Aircraft: Boeing B737-500 Seating Capacity: 108 in total (8 Business Class, 100 Economy Class) * Conditional upon approval by the relevant governments. Schedule and other details are subject to change without notice. *Courtesy of Aurora Airlines .
  • Air Transport in Russia and Its Impact on the Economy

    Air Transport in Russia and Its Impact on the Economy

    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Tomsk State University Repository Вестник Томского государственного университета. Экономика. 2019. № 48 МИРОВАЯ ЭКОНОМИКА UDC 330.5, 338.4 DOI: 10.17223/19988648/48/20 V.S. Chsherbakov, O.A. Gerasimov AIR TRANSPORT IN RUSSIA AND ITS IMPACT ON THE ECONOMY The study aims to collect and analyse statistics of Russian air transport, show the in- fluence of air transport on the national economy over the period from 2007 to 2016, compare the sector’s role in Russia with the one in other countries. The study reveals the significance of air transport for Russian economy by comparing airlines’ and air- ports’ monetary output to the gross domestic product. On the basis of the research, the policies in the aviation sector can be adjusted by government authorities. Ключевые слова: Russia, aviation, GDP, economic impact, air transport, statistics. Introduction According to Air Transport Action Group, the air transport industry supports 62.7 million jobs globally and aviation’s total global economic impact is $2.7 trillion (approximately 3.5% of the Gross World Product) [1]. Aviation transported 4 billion passengers in 2017, which is more than a half of world population, according to the International Civil Aviation Organization [2]. It makes the industry one of the most important ones in the world. It has a consid- erable effect on national economies by providing a huge number of employment opportunities both directly and indirectly in such spheres as tourism, retail, manufacturing, agriculture, and so on. Air transport is a driving force behind economic connection between different regions because it may entail economic, political, and social effects.
  • Russia and Saudi Arabia: Old Disenchantments, New Challenges by John W

    Russia and Saudi Arabia: Old Disenchantments, New Challenges by John W

    STRATEGIC PERSPECTIVES 35 Russia and Saudi Arabia: Old Disenchantments, New Challenges by John W. Parker and Thomas F. Lynch III Center for Strategic Research Institute for National Strategic Studies National Defense University Institute for National Strategic Studies National Defense University The Institute for National Strategic Studies (INSS) is National Defense University’s (NDU’s) dedicated research arm. INSS includes the Center for Strategic Research, Center for the Study of Chinese Military Affairs, and Center for the Study of Weapons of Mass Destruction. The military and civilian analysts and staff who comprise INSS and its subcomponents execute their mission by conducting research and analysis, publishing, and participating in conferences, policy support, and outreach. The mission of INSS is to conduct strategic studies for the Secretary of Defense, Chairman of the Joint Chiefs of Staff, and the unified combatant commands in support of the academic programs at NDU and to perform outreach to other U.S. Government agencies and the broader national security community. Cover: Vladimir Putin presented an artifact made of mammoth tusk to Crown Prince Mohammad bin Salman Al Saud in Riyadh, October 14–15, 2019 (President of Russia Web site) Russia and Saudi Arabia Russia and Saudia Arabia: Old Disenchantments, New Challenges By John W. Parker and Thomas F. Lynch III Institute for National Strategic Studies Strategic Perspectives, No. 35 Series Editor: Denise Natali National Defense University Press Washington, D.C. June 2021 Opinions, conclusions, and recommendations expressed or implied within are solely those of the contributors and do not necessarily represent the views of the Defense Department or any other agency of the Federal Government.
  • Aviation Week & Space Technology

    Aviation Week & Space Technology

    STARTS AFTER PAGE 34 How Air Trvel New Momentum for My Return Smll Nrrowbodies? ™ $14.95 APRIL 20-MAY 3, 2020 SUSTAINABLY Digital Edition Copyright Notice The content contained in this digital edition (“Digital Material”), as well as its selection and arrangement, is owned by Informa. and its affiliated companies, licensors, and suppliers, and is protected by their respective copyright, trademark and other proprietary rights. Upon payment of the subscription price, if applicable, you are hereby authorized to view, download, copy, and print Digital Material solely for your own personal, non-commercial use, provided that by doing any of the foregoing, you acknowledge that (i) you do not and will not acquire any ownership rights of any kind in the Digital Material or any portion thereof, (ii) you must preserve all copyright and other proprietary notices included in any downloaded Digital Material, and (iii) you must comply in all respects with the use restrictions set forth below and in the Informa Privacy Policy and the Informa Terms of Use (the “Use Restrictions”), each of which is hereby incorporated by reference. Any use not in accordance with, and any failure to comply fully with, the Use Restrictions is expressly prohibited by law, and may result in severe civil and criminal penalties. Violators will be prosecuted to the maximum possible extent. You may not modify, publish, license, transmit (including by way of email, facsimile or other electronic means), transfer, sell, reproduce (including by copying or posting on any network computer), create derivative works from, display, store, or in any way exploit, broadcast, disseminate or distribute, in any format or media of any kind, any of the Digital Material, in whole or in part, without the express prior written consent of Informa.
  • Skyteam Global Airline Alliance

    Skyteam Global Airline Alliance

    Annual Report 2005 2005 Aeroflot made rapid progress towards membership of the SkyTeam global airline alliance Aeroflot became the first Russian airline to pass the IATA (IOSA) operational safety audit Aeroflot annual report 2005 Contents KEY FIGURES > 3 CEO’S ADDRESS TO SHAREHOLDERS> 4 MAIN EVENTS IN 2005 > 6 IMPLEMENTING COMPANY STRATEGY: RESULTS IN 2005 AND PRIORITY TASKS FOR 2006 Strengthening market positions > 10 Creating conditions for long-term growth > 10 Guaranteeing a competitive product > 11 Raising operating efficiency > 11 Developing the personnel management system > 11 Tasks for 2006 > 11 AIR TRAFFIC MARKET Global air traffic market > 14 The passenger traffic market in Russia > 14 Russian airlines: main events in 2005 > 15 Market position of Aeroflot Group > 15 CORPORATE GOVERNANCE Governing bodies > 18 Financial and business control > 23 Information disclosure > 25 BUSINESS IN 2005 Safety > 28 Passenger traffic > 30 Cargo traffic > 35 Cooperation with other air companies > 38 Joining the SkyTeam alliance > 38 Construction of the new terminal complex, Sheremetyevo-3 > 40 Business of Aeroflot subsidiaries > 41 Aircraft fleet > 43 IT development > 44 Quality management > 45 RISK MANAGEMENT Sector risks > 48 Financial risks > 49 Insurance programs > 49 Flight safety risk management > 49 PERSONNEL AND SOCIAL RESPONSIBILITY Personnel > 52 Charity activities > 54 Environment > 55 SHAREHOLDERS AND INVESTORS Share capital > 58 Securities > 59 Dividend history > 61 Important events since December 31, 2005 > 61 FINANCIAL REPORT Statement
  • Presentation

    Presentation

    Aeroflot Group Consolidated financials (IFRS) 9M2012 Moscow December 21, 2012 Speaker: Shamil Kurmashov Deputy Director General Finance and investments Table of contents 1.Introduction 2.Market position of the Group 3.Operating highlights 4.Financial results 5.Conclusions 6.Appendix 2 Awards and ratings AEROFLOT GROUP WAS RECOGNIZED AS ONE OF THE LEADING CARRIERS IN EUROPEAN AVIATION SECTOR BY FINANCIAL RESULTS FOR 2011. According to the authoritative international trade magazine Airline Business rating, Aeroflot Group is the third carrier in Europe by net income and among TOP 10 carriers in Europe by revenue. Aeroflot Group is in the 32nd place in 2011 world rankings having moved up two places from 2010. Among 50 most successful global carriers by revenue Aeroflot is the only Russian company. AEROFLOT CONFIRMED STATUS OF THE BEST RUSSIAN AIRLINE FOR BUSINESS-PASSENGERS. Aeroflot once again became a prize winner of Russian Business Travel and MICE awards in nomination “The best airline for business travelers”. Improving service and introducing the most modern technologies to serve our passengers, Aeroflot is rightly seen on the list of the best premium companies of business travelling market. AEROFLOT GAINED LEADING POSITION AMONG SKYTEAM COMPANIES FOR PASSENGER SERVICE. According to InSites Consulting research Aeroflot received the highest passenger appraisal in “Ground service (check-in)” and “On-board service”. The survey was conducted from October 2011 to March 2012 with more than 20 thousand participants – passengers of SkyTeam Alliance airlines. 70% of passengers rated Aeroflot check-in service with excellent marks, 57% rated on-board service with “9” and “10” marks. Passengers’ recognition led Aeroflot to the first place among 15 companies of SkyTeam alliance.