AERZY News and Press, Aeroflot ADR

Russian airline Aeroflot ( OTC:AERZY ) saw its total passenger traffic drop 8.2% in the first three quarters of 2022 as compared to 2021, according to Interfax. CEO Sergei Alexandrovsky said in an interview with the state-backed outlet that the airline group carried 31.3...

Airline bookings have stayed strong in August despite macroeconomic pressures that have lead to overall higher fares and labor disruption that has lowered capacity for some carriers. System net sales improved for the week ending August 7 to  -9.2% vs. 2019 from the prior's week...

London’s Heathrow Airport, the busiest airport in Europe prior to the pandemic, has asked airlines to discontinue summer sales as it struggles with staff shortages and delays. A statement released on Tuesday explained that the airport cannot cope with surging passenge...

Bank of America said in its latest report on the airline industry that is has yet to see any cracks in airline bookings, despite investors being concerned about a potential slowdown post peak summer travel. Notably, international volume crossed above the 2019 level for the first time since th...

Russia’s flagship airline Aeroflot Russian Airlines’ (OTCPK:AERZY) operating results for the month of March reflect significant erosion across its business as sanctions slam the company. Per the published figures, passenger traffic fell by over 20%, led by an over 50% reduction ...

Bank of America pointed to a strong upturn in airline bookings data that backs up the positive tone heard from carriers with their traffic and guidance updates. The firm said system net sales stepped up significantly to -15.4% compared to 2019 for the week ending March 13 vs. -25.4% compared ...

Stoxx, which operates Deutsche Boerse's Qontigo indices, plans to remove 61 Russian companies from its indices, the Financial Timesreports, in response to Russia's invasion of Ukraine. The list of companies includes Gazprom (OTCPK:OGZPY -10.9%) (OTCPK:GZPFY +5.4%), Sberbank (OTCPK:SBRCY +11.2...

International Consolidated Airlines Group (OTCPK:ICAGY +8.8%) is the biggest gainer in the Stoxx Europe 600 Index on reports that vaccinated passengers will be permitted to travel to the U.S. from European Union nations and the U.K. in November. President Biden is expected to announce the cha...

Global airline body International Air Transport Association is pushing for more aggressive environmental targets for the airline industry as it throws its voice into the pushback against oil majors being generated by activists and shareholders.IATA thinks the backlash against Exxon, Chev...

Cowen forecasts a slow recovery for the European airline sector."We believe Europe is 4 to 6 months behind the Americas, and that although we saw a big increase in summer bookings when the UK’s Prime Minister indicated he will be reopening in mid-May, we believe those bookings are regi...