Russian Airlines Cut Flights
Nov. 01, 1998
MOSCOW (AP) _ Russia's two largest airlines, Aeroflot and Transaero, are cutting back flights by at least 25 percent because of the country's economic troubles, according to a published report.
Aeroflot, formerly the massive Soviet state airline, reduced flights last week by 25 percent because of dwindling demand.
Transaero, Russia's largest private airline, said it would slash its flights by 30 percent and may cut more in the next two months, the English-language Moscow Times reported Saturday.
Transaero expects to lose up to 130,000 passengers this year because of the country's financial problems, chairman Alexander Pleshakov was quoted as saying. The company flew 1.6 million passengers in 1997.
To try to lure back passengers, Aeroflot on Thursday started offering special $260 roundtrip tickets to and from the United States _ on condition that buyers agree to randomly selected dates of departure.
International airlines that serve Moscow have also trimmed service to Russia or are offering significant discounts.