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Aeroflot Buys Lufthansa's 49% Stake in Aeromar In-Flight Catering

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Aeroflot acquired a 49% stake in Aeromar, Russia’s largest in-flight catering firm, buying the share Lufthansa previously held. The deal closed September 1 and was unusual because Aeroflot is EU-sanctioned, though Putin authorized the acquisition. Aeromar, based at Sheremetyevo, employs several thousand people and reported a 2024 net loss after higher costs despite revenue growth, and new Russian management plans a turnaround.

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