Aeroflot CEO confirms 2025 dividend recommendation

Aeroflot CEO Sergey Alexandrovskiy announced that management will recommend paying dividends for 2025. The airline aims to maintain traffic levels this year.

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The management of Russia's national carrier AEROFLOT PJSC is preparing to recommend dividend payments for the 2025 fiscal year. CEO Sergey Alexandrovskiy announced the plan during an interview with the Rossiya-24 news channel, stating that the executive team is currently evaluating various payout options.

\"As management, we are currently working on options and recommendations regarding the payment of dividends.\"

This recommendation will follow the airline's dividend distribution for 2024, which amounted to 5.27 roubles ($0.0654) per share. That payout was based on a corporate policy that allocates 50% of adjusted net profit, as defined by International Financial Reporting Standards, to shareholders.

The logo of Russia's flagship carrier Aeroflot displayed on an Airbus A320-200 aircraft in France. REUTERS/Regis Duvignau

Alexandrovskiy also confirmed that the airline is sticking to its current financial and air traffic projections despite ongoing market volatility. Last year, Aeroflot saw a 0.1% year-on-year increase in passenger traffic, transporting a total of 55.3 million people. The company intends to maintain this traffic volume through the 2025 period.

\"Management will make a recommendation regarding the payment of dividends for 2025.\"
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