Aeroflot Reduced Expenses on Insurance by 30%
OREANDA-NEWS. The Board of Directors of OJSC “Aeroflot” has examined risk and insurance measures undertaken by the company's management.
It was emphasized, that the insurance support measures are complying with the best international standards. At the same time within the period of 2004 - 2006 the insurance expenses have been decreased by 30%.
This became possible due to enhancing of insurance rating of the company in connection with joining by Aeroflot of the SkyTean global aviation alliance, successful completion of international audit of operational safety of the company and obtaining for the first time in Russia of IOSA-IATA operator certificate.
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