Aeroflot in talks with potential JV partners
Aeroflot is in talks with potential partners about a joint venture. Deputy CE Giorgio Callegari confirmed Friday that Aeroflot is in talks with multiple potential partners regarding a possible joint venture, but would not name them. "The industry is innovating and looking at the different set-up in terms of partnerships and as a global airline we do the same. We are looking at all the options," he said. When asked about media reports which said the Russian state, owner of just over 51% of Aeroflot, could seek to sell some of its shares, Callegari said that was a matter for the company's shareholders, and that management's focus was on making sure the company performs. Aeroflot has been operating in a difficult environment in Russia, whose economy has been hit by Western sanctions, a low oil price and a weak rouble. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-04-18/sky/aeroflot-in-talks-with-potential-jv-partners
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Aeroflot in talks with potential JV partners
Aeroflot is in talks with potential partners about a joint venture. Deputy CE Giorgio Callegari confirmed Friday that Aeroflot is in talks with multiple potential partners regarding a possible joint venture, but would not name them. "The industry is innovating and looking at the different set-up in terms of partnerships and as a global airline we do the same. We are looking at all the options," he said. When asked about media reports which said the Russian state, owner of just over 51% of Aeroflot, could seek to sell some of its shares, Callegari said that was a matter for the company's shareholders, and that management's focus was on making sure the company performs. Aeroflot has been operating in a difficult environment in Russia, whose economy has been hit by Western sanctions, a low oil price and a weak rouble. <br/>
