S7 Group may consider the issue of creating a low-cost carrier after domestic MS-21 and Tu-214 aircraft enter the market in sufficient numbers. This was announced by S7 Group principal shareholder Vladislav Filev.
We do not currently have any aircraft in the country yet. Once they make, well, the Tu-214 and MS-21, then we will see.
S7 Group had planned to create the subsidiary low-cost carrier Citrus back in 2022, but froze the project due to the effective absence of airliners. A low-cost carrier implies an airline that offers very cheap tickets by dispensing with most customary services.
S7 Group signed a memorandum with the State Transport Leasing Company (GTLK) and the United Aircraft Corporation (OAK) on the delivery of 100 Tu-214 aircraft starting in 2029. Aeroflot has been named the main recipient of the new MS-21-310, and it has already signed a second "firm" contract with OAK for 90 aircraft.
Read more materials on the topic:
- Production of critically important MS-21-310 components has been sharply increased
- The production MS-21-310 was sent for inspection of all electrical units
- The Irkutsk Aviation Plant is assembling 20 MS-21 aircraft simultaneously