NordStar Airlines announces change of ownership
NordStar Airlines announces change of ownership
25 march 2022

JSC NordStar Airlines announces the change of ownership. On March 25, 2022, the previous owner of the company, PJSC “MMC “Norilsk Nickel”, that used to own 100% of the shares of Joint-Stock Company NordStar Airlines, completed the sale of the company to the current management of the airline, which has long been managing the asset.

“In the current situation, Norilsk Nickel focuses its efforts on its core business, the production and sale of non-ferrous and precious metals,” commented Sergey Dubovitsky, Senior Vice President of Nornickel. “Still, it is important for us to maintain reliable uninterrupted air service with the Norilsk Industrial District as the principal industrial site. Therefore, the main condition of the sale of the subsidiary airline is to ensure uninterrupted flights to and from Norilsk, 100% fulfillment of the flight program, as well as the terms of the agreement on the base carrier of Norilsk Airport.”

“Our plans include the development of the route network, and the independent status allows us to do this more efficiently, without being tied to the parent company and the region,” said Leonid Mokhov, CEO of NordStar. “Nevertheless, we still remain the base air carrier of Norilsk Airport and will fulfill all our obligations by providing reliable, affordable and uninterrupted air service between Norilsk and major Russian cities.”

NordStar Airlines is a Russian airline being a member of the MMC Norilsk Nickel PJSC group of companies.

NordStar is among the 15 largest Russian air carriers. Since 2017, after passing an international audit for compliance with operational safety standards, it has been included in the IOSA (IATA Operational Safety Audit) register of operators. Since 2019, it has been a member of the International Air Transport Association (IATA), the largest and most influential global association of air carriers.

NordStar’s fleet consists of medium-haul aircraft such as Boeing 737-800 and Boeing 737-300. The airline’s flight geography includes more than 35 regular destinations from Russian and foreign cities. The base airports are Domodedovo (Moscow) and Krasnoyarsk (Krasnoyarsk). In 2021, following the signing of an Agreement with the Government of the Krasnoyarsk Territory on Passenger Air Carriage on Flights Departing from or Arriving to Norilsk Airport (Alykel), NordStar Airlines became the base carrier of Norilsk Airport. It has the widest network of routes from Norilsk, offering passengers more than 15 year-round flight destinations.

In 2021, NordStar Airlines won the Wings of Russia National Aviation Award in the Airline of the Year — 2nd Group nomination based on its performance in 2020. In 2019 and 2020, NordStar Airlines was recognized as the best air carrier in the field of transport security following the results of the Transport Security of Russia national award.

NordStar Airlines passengers have access to a wide range of general and additional services, including loyalty programs for individuals and legal entities, which allow them to accumulate miles for completed flights and purchase premium air tickets.

To learn more about the geography of flights, fares and services, plus the rules of carriage, please visit the airline’s website at www.nordstar.ru, as well as by the round-the-clock phone numbers of the Contact Center 8-800-700-8-007 (toll-free in Russia), *0887 (for calls from mobile phones).