Aeroflot’s decades-long turnaround faces undoing
Live MintAeroflot-Russian Airlines PJSC spent billions of dollars over two decades transforming itself from a stodgy, Soviet-era carrier, with bland food and uncomfortable seats, into an award-winning airline flying new jets around the world. The European Union has closed off airspace to Aeroflot and other Russian international carriers, and on Wednesday added the company’s chief executive, Mikhail Poluboyarinov, to its list of sanctioned individuals. About five aircraft in Aeroflot’s main fleet have been confiscated overseas, according to an analysis of the fleet by aviation data firm Cirium. The same day Aeroflot announced it was halting international flying, President Vladimir Putin visited an Aeroflot cabin crew training center, where he abandoned his usual regimen of social distancing.