Severstal Air Company is a Russian regional airline closely associated with Severstal, one of Russia's largest steel and mining conglomerates. The airline was established to provide transportation services primarily for employees and business needs of the Severstal group, as well as to serve scheduled routes in northwestern Russia. The carrier operates out of Cherepovets, the home city of the Severstal industrial group, and has provided connectivity between this industrial hub and major Russian cities including Moscow. Its operations are relatively small in scale compared to major Russian carriers. The airline has faced the challenging regulatory and economic environment that has affected many small Russian regional carriers, and its operational status and scope have fluctuated over the years.