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Court adds Lithuanian company to list of creditors of Russian Transaero

The Transaero total debt is estimated at $3.9 bln

ST.PETERSBURG, July 8. /TASS/. The arbitration court of St. Petersburg and Leningrad region has added FL Technics, a subsidiary of Lithuanian holding Avia Solutions Group, to the list of the creditors of Russian carrier Transaero, according to the court’s documents obtained by TASS.

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FL Technics provides technical assistance and maintenance to aircraft.

According to the court documents, it has been decided "to accept the application of UAB FL Technics on the inclusion of its claims worth 2,841,357 euro 55 cents, $5,608, 967.16 and 200 000 rubles ($3,128) in the register of creditors' claims."

Avia Solutions Group is a joint shareholder (75% minus 1 share) of the Ramport aero management company, which is engaged in the development of the international airport in the town of Zhukovsky near Moscow.

The second shareholder is the Transport and Exhibition Complex Rossiya (25% plus 1 share), which is part of the state corporation Rostec.

In December 2015, the arbitration court launched the procedure of Transaero’s bankruptcy following the lawsuit of Russia’s largest savings bank Sberbank.

The carrier’s total debt is estimated at 250 billion rubles ($3.9 bln). The decision about the carrier’s bankruptcy was taken at the governmental meeting chaired by Russian Prime Minister Dmitry Medvedev on October 1, 2015.

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