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Managing Board of the OJSC «Aeroflot» approved financial recovery plans of its affiliated companies

24.07.2009

On July 24th 2009 the OJSC “Aeroflot” Managing Board approved financial recovery plans of its affiliated companies – “Aeroflot-Nord” and “Aeroflot-Don”. Plans provided by both companies imply positive financial results in 2009. “Aeroflot’s” Managing Board also considered long-term development strategies of the affiliated companies for the period of 2010-2014.  

“Aeroflot’s” Managing Board decided to continue commercial cooperation within the Aeroflot Group, including cooperation within code-sharing agreements. In September 2009 “Aeroflot-Nord” and “Aeroflot-Don” are supposed to submit for consideration at the “Aeroflot’s” Managing Board its budget plans and investment programs for 2010.

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