Aviation news analysis
50 SKY SHADES - World aviation news

Transaero management prepared new airline launch plan

Download: Printable PDF Date: 05 Nov 2016 14:57 category:
Publisher:
Transaero management prepared new airline launch plan  - Airlines publisher
Krista Kuznecova
Country: Russian Federation Aircraft: Airplanes
Source: TASS

The management of Transaero prepared a new airline launch plan, press service of the Russian air carrier said on Wednesday.

"The management prepared a feasible and functional plan to launch a new airline on Transaero base in cooperation with leading consultants. According to operating regulations, the company management shall present the developed plan to the board of directors for endorsement. This will be done on November 4, 2016. However, considering the current situation, creditors will in any case make final decision on this plan," Transaero said.

It was reported earlier Transaero Board of Directors will discuss the program for recovery of core business before November 11.

Transaero, the second largest Russian airline before, faced financial difficulties and failed to maintain operations and repay debts. In October 2015 the Russian government made a decision on bankruptcy of Transaero and the aviation regulator canceled its operator’s certificate.

See original image

 



 



Loading comments for Transaero management prepared new airline launch plan ...


Recommended

Centrik takes London Oxford Airport to new certification heights

London Oxford Airport has adopted Centrik as its operational management system, playing an invaluable role in assisting the airport to join a select club of IS-BAH Stage II accredited support operatio...

AviaAM Leasing sold two Airbus A321 to new lessor

AviaAM Leasing, global aviation holding company engaged in commercial aircraft acquisition, leasing, and sales, has announced the sale of two Airbus A321-211 aircraft with lease attached. Both aircraf...

Thai Aviation Services S-76D fleet achieves 10,000 flight hours

Sikorsky, a Lockheed Martin company, announced that Thai Aviation Services has accumulated 10,000 flight hours on its S-76D™ fleet in record time of less than two years. This milestone w...

Emirates launches destination sale to over 70 global destinations

Emirates has launched one of its biggest sales yet with special fares to over 70 global destinations within its network. Passengers can still plan a short getaway before the summer season ends to dest...