Transaero receives VTB Bank loan

Credit: By Rob Finlayson
Russia’s Transaero Airlines has received a three-year RUB9 billion ($130 million) loan from VTB Bank, backed by the Russian government. According to VTB Bank, the loan will be used to finance the carrier’s operations. Transaero has been cooperating with VTB for over eight years, borrowing funds and...

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