Russian Retail Giant Expands Into Aviation Sector

Wildberries, a leading Russian online retailer, is reportedly considering the acquisition of a Russian airline, with Nordwind and Azur Air as potential targets. Azur Air, in particular, is facing financial and operational challenges, including restrictions on its operations by the Russian aviation regulator. The potential acquisition is seen as a logical next step for Wildberries, which has been diversifying its business into the travel and leisure sector. This development was first reported by AeroTime.