Russian Retailer Seeks to Expand into Airline Business

Wildberries, a leading Russian online retailer, is reportedly considering the acquisition of Nordwind or Azur Air, two Russian carriers facing financial and operational difficulties. Azur Air’s aging fleet and regulatory issues have raised concerns about its viability. Wildberries has diversified into the travel and leisure business with its acquisition of Fun&Sun and investment in hotels and resorts. The move may signal a strategic expansion into the airline industry for Wildberries.