Aeroflot Group in top 5 European airlines

Add caption

For the first time in history, Aeroflot, Russia's national airline, has made it into the top five airline holdings in Europe and the top 25 in the world by revenue. The rating was compiled by Airline Business magazine, one of the most influential publications in the airline industry.
In the annual analytical review World Airline Rankings, published in the August edition of the magazine, the Russian airline holding confidently occupies fifth place in the rating of leading European airlines, surpassing such important players on the European market as Ryanair, SAS Group, EasyJet and Alitalia.
Compared with the ratings from 2009, Aeroflot achieved unprecedented success for a Russian airline by moving from 12th to fifth place, catching European giants like Lufthansa, Air France-KLM and IAG. Airline Business notes that in the past 10 years, Aeroflot's revenue grew by almost 600 percent, which looks especially impressive in comparison with the stagnating results displayed by the European champions in the same period.
Compared with 2011, Aeroflot's revenue grew by 51 percent and came out to $8.138 million. Aeroflot's success in the ratings is especially noteworthy because Airline Business puts the economic aspects of the airline industry at the forefront when making the rating.
On the global scale, Aeroflot occupies 23rd place in terms of revenue and 19th place in terms of passenger turnover. In 2012, Aeroflot's passenger turnover was 74.618 billion passenger-kilometers, exceeding its results from 2011 by 61.9 percent, while the average figure for Europe is 5.2 percent. These indicators also signify that Aeroflot is also significantly ahead in Russia's civil aviation industry.
Airline Business also notes that the growth of Europe's airline industry was mostly due to the dynamic growth of companies like Aeroflot. Every year, the Russian holding strengthens its presence in the European airline market, which also strengthens the role of Russia's national economy in the European economic space.
By making it into the top-five European airlines, Aeroflot has not only strengthened its own position in the international civil aviation world, but has also contributed to Russia's positive image in the international arena. Visit our website http://www.cheap-flight-4u.com