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Tagged With "Transaero"

Blog Post

Russia's 2 biggest airlines in forced merger

Paul Heymont ·
Russia's international flag carrier, Aeroflot, will take over failing domestic carrier Transaero this week, paying one ruble for 75% of its shares. Aeroflot, itself in financial trouble, will be taking over a domestic route network, billions in debts,...
Blog Post

Merger collapses; Russia's Transaero will stop flying

Paul Heymont ·
The planned merger of Russia's #2 airline, Transaero, into #1 Aeroflot (reported  HERE a month ago) has come undone, and Transaero will end operations on Dec. 15. No new tickets are on sale, and tickets for flights after Dec. 15 will be...
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