Utair, a prominent regional airline based in Russia, recorded a net profit of US$7.7 million in the first quarter of 2025, supported by a 13.7% year-over-year revenue increase to US$209.5 million. The results highlight the airline’s operational resilience amid continued economic uncertainty.
I Fly Airlines (Russia) has reported a significant threefold increase in revenue for the first quarter of 2025, reaching over US$23 million, largely driven by the ongoing wet lease of three A330 aircraft to fellow Russian carrier Aeroflot. This leasing arrangement has provided a stable revenue stream for I Fly and underscores the growing interdependence between carriers in the Russian market as…
By the end of 2024, Russia had removed 345 aircraft from the registers of foreign states, marking a significant step in transitioning aircraft ownership to domestic oversight. Additionally, 216 aircraft were acquired for Russian airlines, ensuring continued fleet expansion and operational stability despite international leasing restrictions.
Russian airlines have significantly reduced their exposure to foreign risks by ending the practice of double registration for 360 aircraft in their fleets. This strategic move addresses regulatory and operational uncertainties tied to the dual registration of aircraft, particularly those registered in foreign jurisdictions.
The Aeroflot Group (Russia) has announced a significant growth in passenger numbers for 2024, reporting a 16.8% year-on-year increase. The Group carried a total of 55.53 million passengers, with its mainline unit accounting for 30.1 million of that figure. This growth highlights Aeroflot’s recovery and expansion following the challenges faced by the global aviation industry in recent years. The increase…
Moldova is reportedly considering a ban on the operations of 22 Russian airlines and several carriers from other countries, including Armenia, Kyrgyzstan, and Iran. The move is part of an effort to align Moldova’s aviation policies with international standards and address regulatory concerns surrounding these airlines.
