Private shareholder of the airport “Vnukovo” and “Transaero” – Vitaly Vantsev has declared that does not expect to reimburse the money that was invested in the company. He believes that the debt is unlikely to be restructured.
MOSCOW, 7 Oct. Shareholder “Transaero”, which belongs, according to him, 4.5 per cent of the airline’s private shareholder of the airport “Vnukovo” Vitaly Vantsev does not hope to return the money spent on the stake in the airline.
“As a private shareholder, I have nothing comforting, because I understand that the money we invested in the company, they have already lost,” Vantsev said in an interview with TV channel “Russia 24“.
“Worked with banks and government, if the government would frankly said: “you Guys warranty get, a debt restructuring will not.” Surely the next step in management “Transaero” would say, “Yes, we are in default, bankruptcy, external management, which protect current debts in three years.” And then the company worked and, quite possibly, and came out to, falling, maybe restrukturizirovano, maybe reducing the volume of traffic,” said Vantsev.
In this example, he called the airline “UTair”. “The company has entered into default, and said that he would not fulfil the liabilities to banks, but to carry them out to passengers…. Today we see a successful company that brings our operating profit,” said Vantsev.
“Transaero” was previously the second largest airline in Russia. According to Rosaviation, the carrier for the first eight months of 2015 served 9,36 million passengers (an increase of 3.6% compared to last year). Transaero airlines has been unable to service debts, which form together with the leasing obligations of about 250 billion rubles. Approved in September the government plan for the transfer of 75% of actions “Transaero” “Aeroflot” for the subsequent reorganization fell through, the authorities and creditors to discuss the bankruptcy of the carrier.