Transaero was a Russian airline with its head office in Saint Petersburg. It operated scheduled and charter flights to over 150 domestic and international destinations. Its main hubs were Moscow-Vnukovo and Saint Petersburg with further bases throughout Russia.
Transaero filed for bankruptcy on 1 October 2015, and announced that it would cease all operations by 15 December 2015. However, Russian authorities revoked its operating license on 26 October 2015.
Because of the informational information about the revival of the company, they sold the stake, avoiding losses of 200 million rubles, the Central Bank said.
The case of VTB Bank against owners and members of the Board of Directors of Transaero can be a turning point in Russian law enforcement practice.
Alexander Burdin is accused of embezzlement, non-payment of salaries to employees and abuse of authority.
The State Bank intends to recognize the former owner of Transaero bankrupt. Pleshakov himself and his family have already fled Russia.
How airlines drop out of the market and out of the attention of officials.
The airline company managed to reduce part of payments to Aeroflot.
The Supreme Court did not give us a chance to challenge the decision of the Federal Air Transport Agency.
Only the national airline company cancels flight from Moscow en masse in early December.
Due to its top management, Russia's largest airline can go broke.
The state corporation entrusted to Sergey Chemezov was once engaged in the export of arms, and now creates monopolies in the domestic market. In the interests of the country, it is sometimes better to appoint suppliers by decision, the head of Rostec believes.
The general director of Russia's largest airline uses the crises in the industry for the benefit of himself and hisr company. A good relationship with Vladimir Putin plays not the least role in it.
The corporate defaults will begin in one and a half years after the peak of the crisis, Standard&Poor's analysts said. Banks will have to increase allocations to reserves, it will put pressure on earnings and capital of banks.
Charters have been in the spotlight since the crash of the Kogalymavia plane in Egypt. Forbes studied the origins, development and crisis of that market.
Co-owner of "Siberia" Vladislav Filev talks about the fate of "Transaero".
Forbes estimated the wealth of Vladislav and Natalia Filev at 15 billion rubles.
A new scandal is erupting around the company
Because of this, the value of the net assets of the airline became negative. And this may be the reason for the filing of the bankruptcy claim.
The head of Sberbank wished Aeroflot success in bailing Transaero out, since it would be "very difficult"
The company may go under the control of Aeroflot for a ruble.
Failure of Transaero to follow the labor legislation may be a prelude to the airline's leaving the market.
Revaluation of the brand made it possible to go away from negative equity.
Transaero has suspended flights from Moscow to Toronto, Aeroflot will decide the fate of direct flights this week. However, there will be flights to New York City.