The value of airline Pobeda, a low-cost affiliate of national flagship carrier Aeroflot, stands at U.S. $800 million, Aeroflot CEO Vitaly Savelyev said on Wednesday during the Transport of Russia international exhibition. This reported by PRIME.
“Pobeda is our very successful project. Given the fact that we’ve invested $50 million in Pobeda, we had a business plan -- and we will celebrate the fifth anniversary of Pobeda together with you in December, -- it already costs $800 million,” he said. “This is market valuation.”
