Aeroflot posted ads on the website for the sale of foreign real estate.
In total, the airline is going to sell 12 properties in Hungary, Cyprus, Sweden, Norway, Denmark and Belgium.
The most expensive is a multi-apartment residential building with an area of 2072 sq. m with a plot of 834 sq. m, located in the city of Larnaca in Cyprus. Its market value is €1,945,000.
“The object is located in the Skala area of Larnaca, in close proximity to the sea and the port of Psarolimano (about 300 m), the distance to Kastela Beach is about 500 m. The immediate environment of the object is represented by residential, social and tourist infrastructure. The distance from Larnaca airport to the property is about 6 km,” the description says.
House built in 1990, it has 24 apartments. Requires reconstruction.
Among the most expensive objects is also a three-room apartment in Oslo worth €905,000. Its area is 79.5 sq. m. The apartment is located on the top floor of a five-story building, 181 meters from the Welhavens gate public transport stop and a nine-minute walk from the National Theater metro station. Nearby are a school, a kindergarten, a shop, a shopping center, an institute, a park, a college, a church, a hospital. Another apartment (smaller area, 76.5 sq. m) worth €871,000 is for sale in the same place.
In addition, the carrier put up for sale an office in Budapest for €463,000 and other properties.
RBC sent a request to a representative of Aeroflot.
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Business
In the summer of 2021, Aeroflot had 82 representative offices abroad. The airline has been getting rid of foreign property for more than a year. In 2014, an office in Panama, a residential building in Montreal, and a relay crew hotel in Tomisato (Japan), 15 km from Narita airport, were sold. In addition, Aeroflot sold the representative office building in Kyiv in 2014 for RUB 8.31 million.
In December 2021, the company’s board of directors decided to sell real estate in Nicosia, Casablanca and Budapest, considering it to be non-core assets.
In 2022, against the backdrop of sanctions against the Russian aviation industry (a ban on flights to the EU and other countries), Aeroflot carried 5.3 million people on international routes (a decrease of 37% by 2021). The number of international flights fell by 27%, from 56 thousand (in 2021) to 41 thousand (in 2022). “The international market is mostly closed for us. And the one that is open is significantly different in its quality. The main destinations we fly to now are tourism, and this is a completely different business, completely different income rates, different demand, higher seasonality, ”said Sergey Aleksandrovsky, head of Aeroflot, in an interview with RBC in December 2022.
