Russia's Aeroflot defies sanctions to create new low-cost airline Dobrolyot
Published on Aug 24, 2014 9:18 PM
MOSCOW (AFP) - Russian flag carrier Aeroflot will create a new low-cost unit after Western sanctions grounded its first effort to enter the market, the airline's chief executive said on Sunday.
"We will after all register a new airline," Aeroflot chief executive Vitaly Savelyev was quoted as saying by Russian news agencies.
He said the company's low-cost carrier, Dobrolyot, had worked well during the six weeks it was allowed to operate.
Dobrolyot was forced to shut down because it flew to Russian-annexed Crimea and was therefore hit by EU sanctions imposed over the Kremlin's alleged support for pro-Russian rebels in Ukraine, including the cancellation of the leasing contracts for its Boeing aircraft.
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