Aeroflot To Get State Capital Injection To Weather COVID-19 Crisis

Maxim Pyadushkin August 06, 2020
Aeroflot
Aeroflot's kremlin-backed rights issue is expected to be launched in September.
Credit: Joe Pries
MOSCOW—Russia’s largest airline group Aeroflot is to soon receive a massive cash injection from its major shareholder, the Russian government, through a rights issue. Approval of the issuance of 1.7 million new Aeroflot shares was granted by the airline’s board Aug. 6. The number of new shares being...
Maxim Pyadushkin

In addition to writing for Aviation Week Network, Maxim holds a key position at Russia's Air Transport Observer magazine. In the past he was in charge of several ATO’s sister aerospace publications and earlier worked for Moscow-based CAST defense think-tank.

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