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

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...

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