OREANDA-NEWS. Aeroflot (Moscow Exchange ticker: AFLT) announces that it has changed its official name and legal status in line with recent amendments to Russian legislation.

The Company’s full legal name in English is now Public Joint Stock Company Aeroflot — Russian Airlines. The short form of the name in English is Aeroflot PJSC .

These changes have been made solely to ensure Aeroflot’s continued compliance with Russian legislation, following amendments enacted to the Civil Code in 2014. The Company’s position as Russia’s leading airline and its strategic goals remain unchanged.

Aeroflot’s updated legal status was registered by the Federal Tax Service on 1 July. The Company has amended its corporate regulations accordingly, and the Annual General Meeting of shareholders approved the revised Articles of Association on 22 June.

The new PJSC status refers to companies with publicly traded securities, and carries additional responsibilities in terms of corporate governance and disclosure. As previously, Aeroflot remains committed to meeting the highest global standards and implementing international best practice in these areas. 

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About Aeroflot

Aeroflot is Russia’s flagship carrier and one of the largest airline groups in Europe. In 2014, Aeroflot carried 23.6 million passengers (34.7 million passengers as Aeroflot Group including subsidiaries), a record for any Russian airline. A proud member of the SkyTeam global airline alliance, Aeroflot and its partners serve 1,052 destinations in 177 countries worldwide. Aeroflot operates one of the youngest fleets in the world, numbering 160 Airbus, Boeing and Sukhoi airliners. Aeroflot is among the global leaders in aviation safety. The company’s European Community Safety Assessment of Foreign Aircraft (SAFA) Index, which is the main globally recognized safety parameter, is comparable to global peers. The first Russian carrier to enter the IATA Operational Safety Audit (IOSA) register, renewing its registration for the sixth time in 2015, Aeroflot has successfully passed the IATA Safety Audit for Ground Operations (ISAGO) and is fully ISO 9001:2008, ISO 14001:2004 compliant. In 2015 Aeroflot was named by SKYTRAX as the Best Airline in Eastern Europe for the fourth time. Find more at www.aeroflot.com.