Far Eastern Airline (Yuzhno-Sakhalinsk) is the name of Aeroflot Group’s new subsidiary formed after the group’s Board of Directors move to transfer 52.156% of its shares in Vladivostok Air (Vladivostok)'s to Aeroflot’s own Sakhalin-based subsidiary SAT Airlines (Russian Federation) (Yuzhno-Sakhalinsk). It will target Russia's growing Far Eastern market with the aim of establishing Aeroflot as a major player in the lucrative Asia-Pacific market and will replace the two Aeroflot subsidiaries in Russia’s Far East. The announcement was made in Moscow last week and falls under Aeroflot's long term strategy of establishing what it terms "powerful aviation centres" in Russia's South, North and Far East with the overall goal of tripling the Russian national carrier's passenger traffic by 2025.