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).
Liebherr-Aerospace and Loong Air launched a long-term collaboration, with Liebherr-Aerospace providing major repair and re-coring services for the heat transfer equipment on Loong Air’s A320ceo/...
Bombardier Defense will provide three Global 6500 aircraft to fly maritime surveillance missions for the Australian Border Force. Metrea - the originator and leading provider...
AERO 2027, taking place from April 14-17, 2027, will feature a further developed concept designed to build on the great success of this year’s event. In 2026, 860 exhibitors from 50 countries to...
Baltic Ground Services, an international provider of ground handling and aircraft fueling services, has expanded its cooperation with Turkish leisure carrier Freebird Airlines across several airports...