Russia's Central Bank Approves Aeroflot Share Sale

The Central Bank of Russia has approved the circulation of up to 25 per cent of Aeroflot’s currently issued ordinary shares. The company plans to be listed on one or several international stock exchanges as it seeks international investors. Aeroflot, which is Russia’s leading airline, consists of five Russian carriers servicing more than 200 destinations globally. In 2012, Aeroflot Group carried 27.5 million passengers and had a revenue of $8.2m in 2012.

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