The official presentation of the much-talked-about Aeroflot future low-cost subsidiary finally took place.
Most of what was unveiled at the press conference had already been anticipated in our blog post of 24th September about Aeroflot's plans for its low cost carrier, but some new details emerged, such as the initial fleet, made of 8 Boeing 737-800NG (Aeroflot has currently 25 of them on order), that is expected to keep growing by 8 additional aircraft per year, at least in the coming years.
Read MoreRussian airlines have been toying for a while with the idea of creating a low cost airline in the country. In a way, Russia is the last frontier" of the low cost airline industry and this is not a coincidence, there are a number of operational and, mainly, regulatory factors that prevent the emergence of a proper low cost airline industry in Russia
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