(Adds details, quotes, context)
MOSCOW Aug 24 State-controlled Russian airline
Aeroflot will create a new low-cost subsidiary to
replace sanctions-hit Dobrolyot, RIA news agency reported on
Sunday, citing Aeroflot chief executive Vitaly Savelyev.
Aeroflot-run Dobrolyot suspended flights in early August
after its lease agreement for Boeing aircraft was
cancelled under European Union sanctions because it flies to
Crimea, which Russia annexed from Ukraine.
"We will register a new company, after all," Savelyev was
quoted by RIA as saying. "We decided to go ahead with this
The new company will start flights by the end of October and
will have four planes by the end of the year, he added. Interfax
news agency said separately that Savelyev specified the model of
these four planes; the Boeing 737.
The Aeroflot CEO declined to give the name of the new
company, but said that it would fly to the Russian towns Samara,
Perm, Ufa and Volgograd.
Whether it also plans to make flights to Crimea remained an
open question and depended on demand from the region, he said.
(Reporting by Polina Devitt; Editing by Christian Lowe and