Sambo wrestling should become trademark of Russian sports — security officialSport August 18, 18:38
Iran may start oil supplies to Russia within monthBusiness & Economy August 18, 18:31
Nord Stream 2 project will be implemented despite sanctions — energy ministerBusiness & Economy August 18, 18:29
One killed in stabbing in Turku, FinlandWorld August 18, 18:15
Moscow and Ankara agree upon Turkish Stream landfallBusiness & Economy August 18, 18:11
Russia may lift agricultural restrictions from Turkey by October 20Business & Economy August 18, 18:04
Senior official says Kyrgyzstan is interested in military cooperation with RussiaWorld August 18, 18:03
US, NATO fail to help Afghanistan fight drugs — Foreign MinistryRussian Politics & Diplomacy August 18, 18:01
This week in photos: Barcelona terror attack, lightning in Moscow, volcanoes in KamchatkaSociety & Culture August 18, 17:59
MOSCOW, October 20. /TASS/. Director General of Russia’s air company S7, Vladislav Filev, has bought "at least 51% of shares" of distressed Transaero airline from its majority shareholder, Alexander Pleshakov, told RBC on Tuesday.
According to RBC, the sum of the deal was not made public. The parties however said it was "much bigger than one ruble" ($0.016) and would be acceptable for them all.
"I looked at such deal because I wanted to prevent the monopolization of the market, so that passengers and sectoral employees could have a possibility of choice between air companies," RBC cited Pleshakov as saying. "Apart from that, our goal was to spare our long-term partners and creditors from losses they would inevitably sustain should our air company go bankrupt."
Filev said Transaero stakeholders "have a plan of settling relations with the company’s creditors" but refused to disclose details. He pledged the new shareholders "will do their utmost to avoid the air company’s bankruptcy."