CJSC "Aeroflot-Cargo" (Russian: Аэрофлот-Карго) was a fully owned subsidiary of Aeroflot, founded in 1995.[1][2] It was the second largest cargo airline in Russia, behind Volga-Dnepr subsidiary AirBridge Cargo.[3] In June 2009, the shareholders of Russia's flagship air carrier, Aeroflot, decided to declare the company's cargo subsidiary, Aeroflot Cargo, bankrupt.[4]
The cargo division of Aeroflot now operates as part of the airline's regular fleet instead of a subsidiary. On 11 May 2011, Aeroflot Russian Airlines completed preparations for joining the global airline alliance SkyTeam Cargo. They will be the 9th member of the alliance.
Operations
Until December 2009, Aeroflot-Cargo operated regular cargo-carrying flights from Europe to Asia and back via Russia.
On 5 April 2010, the company was declared bankrupt and bankruptcy proceedings were introduced, aircraft returning to lessors and a general wind-down of operations.
^(in Russian) Federal State Unitary Enterprise "State Air Traffic Management Corporation", Airline Reference, Vol. 1, Russian Federation, 1 June 2007, p. 127
