In a self-published statement on LinkedIn, Oleg Evdokimov, the President of MelonAero, a Montenegro-based company, said that international airlines based in Egypt and the Philippines have offered S7 Airlines, as well as the Russian government, to take over some of…
The mechanism of the sale of Transaero to Aeroflot is the typical example of the traditional business model implemented by Russian companies controlled by the state in which there are no winners or losers and indefinitely reproduces management errors that…
According to an amendment to a Presidential Decree, Russian officials and Duma deputies will be limited in airline selection for international business trips. For official travel Russian officials may only use airlines of other members of the Eurasian Economic Union,…
Russia´s aviation authority, the Russian Federal Air Transport Agency, announced on October 6 an unplanned inspection of Transaero. Local legislation allows authorities to launch such an inspection if they understand the carrier is in a poor financial situation and which…