Russian court declares Transaero Airline bankrupt

Credit: Rob Finlayson
Transaero Airline has been declared bankrupt by the Commercial Court of Saint Petersburg and Leningrad region, Russia’s TASS agency reported Sept. 13. Russia’s Sberbank filed a bankruptcy motion against Transaero on Oct. 19, 2015; the court put the airline under external supervision in December 2015...

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