Aeroflot Sells Subsidiary To Boost Russian Far East Air Transport

Aurora Airbus A319
Credit: wikimedia
MOSCOW—Aeroflot’s board of directors has approved the sale of 51% of the airline’s smallest subsidiary, Aurora. The 51% stake will be sold to the Sakhalin Region Development Corp.—an investment fund for that Russian Far East region—for the symbolic price of just one ruble. The deal has no commercial...

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