Aeroflot Board Approves $2.8B Public Offering

Aeroflot A321neo
Credit: Airbus / Stefan Kruijer
The Russian government is preparing to provide another financial backup for Aeroflot, the country’s largest carrier. Aeroflot reported on May 4 that its board had given a green light to the issuance of 5.4 billion new shares in order to increase the group’s financial stability and restructure its...

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