S7 Group co-owner Vladislav Filev—who bought 51% of Transaero shares right before authorities pulled its air operator’s certificate—has pulled out of the deal.
The official reason given is that Transaero owners failed to consolidate 51% of shares that are free and discharged. But Transaero co-founder Alexander Pleshakov accused Filev of the deal collapse. In a statement, he insisted Filev knew that part of the shares was pledged when the agreement was signed Oct. 20.
Pleshakov added that he heard about a meeting of Filev and Aeroflot management took place on Nov. 2, after which he was informed about the deal failure. Pleshakov said the agreement with Filev is still effective and Filev’s statement is in violation.
Aeroflot had previously planned to acquire Transaero to save Russia’s second biggest airline, which had a growing debt burden. However, Aeroflot later dropped plans, saying Transaero shareholders failed to consolidate 75% plus one share. According to Russia’s Sberbank president Herman Gref, Transaero’s overall debt to creditors had reached RUB250 billion ($4 billion).
EVIA AERO and Fabspace Hangars are addressing one of aviation’s most pressing infrastructure challenges: the shortage of hangar capacity across Europe. Through their partnership, EVIA AERO now o...
Bombardier will return to the 2026 NBAA Business Aviation Convention & Exhibition with a showcase that highlights the company's flagship aircraft, award-winning customer support network and di...
Embraer and LATAM Airlines Group have signed a Component Pool Program agreement to support the airline's introduction of 24 Embraer E195-E2 aircraft. In addition to the firm order, LATAM retains o...
From Learjets and Challengers to turboprops such as the Pilatus PC-12, different aircraft bring different capabilities to a medical flight. Sebastian Demiet, COO of MTI 24/7, explains why aircraft sel...
