Aeroflot Launching Increase For Airline Takeovers
Aeroflot plans to launch a capital increase worth $500 million, the airline's CEO Valery Okulov said yesterday. The proceeds are to be used for the takeover of more Russian domestic carriers, such as Dal Avia and Vladivostok Avia. Both carriers are government-owned, while the state also holds a 51%...
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