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Aeroflot Aims to Sign $8.7 Billion Airbus A350 Order This Year

  • Russian carrier to add wide-body jets as ruble spurs demand
  • Restored Turkey links, stable economy and rates also positive
General Views Of Russia's Kaliningrad Enclave
Photographer: Andrey Rudakov/Bloomberg

Aeroflot PJSC is targeting a deal for 28 Airbus SE A350 jets by the end of this year, double an initial outline agreement, as Russia’s biggest airline pushes expansion plans buoyed by a recovering economy.

The board authorized the purchase of a second tranche of 14 A350-900s last month, but final terms including cabin configuration, delivery slots and pricing remain to be negotiated, Deputy Chief Executive Officer Giorgio Callegari said in an interview. The total transaction will be worth $8.7 billion at list prices.