Russia’s Transaero Airlines Ending Operations In December

MOSCOW—Russia’s second-largest airline, Transaero, will likely to go bankrupt, as its main competitor Aeroflot refused to buy a 75% + 1 share on Oct. 1. The country’s top carrier was entitled to acquire the financially ailing Transaero by the Russian government. Aeroflot has already taken...
Maxim Pyadushkin

In addition to writing for Aviation Week Network, Maxim holds a key position at Russia's Air Transport Observer magazine. In the past he was in charge of several ATO’s sister aerospace publications and earlier worked for Moscow-based CAST defense think-tank.

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.