50 SKY SHADES - World aviation news

Russia’s Aeroflot sues Transaero Airlines

Download: Printable PDF Date: 14 Oct 2015 16:39 (UTC) category:
Publisher:
Russia’s Aeroflot sues Transaero Airlines - Airlines publisher
Tatjana Obrazcova
Country: Russian Federation Aircraft: Airplanes
Source: ATW

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.





Recommended

Gulfstream reclaims city pair speed record Los Angeles to Farnborough

Gulfstream G700 set a new Los Angeles to Farnborough, England, city pair speed record, completing the 4,740-nautical-mile/8,778-kilometer journey in 8 hours and 27 minutes from takeoff to touchdown. T...

Daher Aircraft delivers the 400th Kodiak, underscoring this airplane family's expanding global reach and mission versatility

Daher Aircraft has delivered the 400th Kodiak, marking a significant achievement for the multi-role airplane family as its customer base continues to expand across government, commercial, business and...

Cessna Citation CJ3 Gen3 achieves first flight, advancing next-generation light jet toward certification

Textron Aviation achieved a key milestone as the Cessna Citation CJ3 Gen3 prototype aircraft completed its first flight, advancing the next-generation light jet toward certification. With th...

Airbus delivers first NH90 designed for special operations to France

Airbus Helicopters officially delivered the first NH90 Standard 2 to the French Armament General Directorate. This new variant of the NH90 TTH was designed specifically for special operations. Fr...

Android Apps development in Riga, Latvia