Russia’s Aeroflot has sued Transaero Airlines for RUB5 billion ($79.3 million) in the Moscow City Arbitration Court, which did not disclose details.
Aeroflot Group stated it will hire half of Transaero’s 12,000 staff and is ready to offer jobs to 700 pilots; 2,800 flight attendants; 1,000 members of engineering and technical personnel; 1,200 employees of ground handling division; and 300 administrators and managers.
On Oct. 1, Aeroflot dropped plans to acquire 75% plus one share of Transaero. The Russian government has ruled out rescuing Transaero after it said Transaero’s debt burden, which is estimated at RUB250 billion, was too high for a bailout to be viable. Aeroflot became responsible for carrying Transaero passengers, along with other carriers such as S7 Airlines.
An Airbus A319 of Lufthansa City Airlines is the world’s first test aircraft for a new generation of fuel-efficient AeroSHARK technology. Lufthansa Technik will test approximately 70 transp...
Eve Air Mobility completed its first partial transition flight, marking an important milestone in the development and testing of the company' eVTOL aircraft. The flight involved the acti...
Daher Aircraft has strengthened its customer support coverage for Brazilian owners and operators of the fast, efficient TBM airplane family with the addition of two authorized service centers to the c...
Volatus Aerospace announced the next phase of its national wildfire response initiative through a strategic partnership with Singular Aircraft, developer of the FlyOx 1 multi-mission heavy-lift autono...
