Until 2023, Aeroflot expects to return about 57 billion rubles. prepayments for previously ordered aircraft

Until 2023 "Aeroflot" expects to return about 57 billion rubles. prepayments for previously ordered aircraft "Aeroflot" in 2021-2023 expects to receive about 57 billion rubles. prepayments (PDP) for previously ordered aircraft, follows from the presentation to the conference call of the group for investors.

This, as expected, should support the company's liquidity - along with funds raised during the SPO (80 billion rubles) and loans received under state guarantees (70 billion rubles).

At the end of October the group's park "Aeroflot" consisted of 357 aircraft. By 2028, according to the group's development strategy, the fleet will be increased to 600 vehicles.

Before the COVID air travel crisis "Aeroflot" ordered and awaited deliveries of dozens of aircraft, including 22 wide-body Airbus A350s. This year the company was supposed to receive 11 A350s, but in fact only one plane arrived. According to CFO "Aeroflot" Andrey Chikhanchin, the company has agreed to restructure a number of contracts with lessors, including the A350. Their deliveries have been postponed from 2020 to 2021-2022, he said at a conference for investors..

"Aeroflot" - the largest aviation group in the Russian Federation, unites the airline of the same name, "Russia", low-budget "Victory" and flying in the Far East "Aurora". The state through the Federal Property Management Agency controls 57.34% of shares in "Aeroflot (MCX: AFLT)", 1.96% are quasi-treasury shares, 0.05% are held by the company's management, 40.65% are in free float.