Aeroflot Buys 10 Boeing 777s

Russia’s Aeroflot, currently battling sanctions, has purchased 10 Boeing 777s from Avolon. An Irish lessor that has ten stranded 777s.

Aeroflot is trying to rebuild not only its network but also its business after the conflict in Ukraine emerged and sanctions were imposed on the airline. Barring it from operating normally and flying on most of its services, it flew pre-2022.

This is not Aeroflot’s first attempt to acquire additional aircraft, with attempts in 2022 to secure further A330s. Aeroflot purchased eight A330s from foreign lessors.

Aeroflot will continue to work on further implementation of transactions for the purchase of aircraft in order to maintain the current fleet of foreign-made aircraft in its own operation and expand the possibility of their operation. This approach also confirms the reliability of Aeroflot as a counterparty that responsibly fulfills its contractual obligations

Aeroflot Statement

The statement was released via TASS, a Russian news agency. These Boeing 777s will eventually join the fleet, which already consists of Boeing 777-300ERs.

2023 will be necessary for Aeroflot as it looks to regain a footprint in the industry and hopes to navigate or see sanctions ease, resulting in airspace reopening and network expansion.

However, this is easier said than done and will significantly shape the conflict’s developments in Ukraine.