Greek airline Ellinair ready to repatriate VIM-Avia passengers at its own expenseBusiness & Economy September 26, 19:04
Toro Rosso confirms Pierre Gasly to stand in for Daniil Kvyat for Malaysian Grand PrixSport September 26, 18:41
Russian Foreign Ministry says there is no legal ban on Iran’s missile testsRussian Politics & Diplomacy September 26, 18:38
Remote city in Russia's Arctic receives fiber optic link to InternetBusiness & Economy September 26, 18:29
US Senate Committee approves Huntsman as ambassador to RussiaWorld September 26, 18:17
Twitter pledges to move personal data of users to Russia by 2018Business & Economy September 26, 18:15
Putin relieves Russian Aerospace commander-in-chief of his dutiesRussian Politics & Diplomacy September 26, 17:57
German ex-chancellor Schroeder approved as Rosneft board chairman — sourceBusiness & Economy September 26, 17:21
International Cycling Union allows Australia-born track cyclist to compete for RussiaSport September 26, 16:57
MOSCOW, November 2. /TASS/. Outstanding legal claims of third parties in respect of Russian Transaero airline’s shares prevented the Russian businessman and co-owner of S7 airline Vladislav Filev from buying the controlling stake and resulted in his exit from the deal, his spouse and co-owner of S7 Natalia Fileva and the shareholder’s representative told TASS on Monday.
S7 airline co-owner Vladislav Filev announced earlier the desire to purchase the controlling stake in Transaero from its shareholder and promised to rescue the air carrier and settle debts to lenders and leasing companies. However, a substantial portion of shares is pledged with lending banks.
"Transaero’s shareholders have no unencumbered shares amounting to the controlling stake and also there are outstanding legal claims of third parties in respect of shares. That is why the deal will not take place," Filev’s representative said.
"We are pulling out of the deal," Fileva said.
Total debt of Transaero is about 250 bln rubles ($3.9 bln). A number of lending banks announced their intention to file bankruptcy suits to courts. The commercial operator’s certificate of the airline is canceled from October 26.