Transaero spends $171 million on VTB loan

Credit: Rob Finlayson
Russia’s Transaero Airlines has spent RUB9 billion ($171 million) on a three-year loan from VTB Bank for salaries, tax payments, fuel acquisition, MRO and payments for air navigation services. The loan is backed by the Russian government. Transaero received the VTB loan in January. The carrier has...
Polina Montag-Girmes

Polina joined the Air Transport World team in 2011, covering Russian and the Commonwealth of Independent States. She studied journalism at Moscow State University and worked as a journalist for Russian business and airline publications since 2000.

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.