Source: Federal air transport Agency is ready to suspend the operator’s certificate “Transaero”

MOSCOW, October 12. The review of “Transaero” the Federal air transport Agency offers to suspend the air operator certificate. This was reported by a source familiar with the Commission’s findings and the audit results contained in the draft act of the Federal air transport Agency.

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“According to the results of unscheduled inspection of the aviation company, identified deficiencies and in connection with the deterioration of key production indicators affecting the safety and rights of consumers, the Commission proposes to suspend the certificate of the operator”, – he said.

He noted that the results of the verification problems of safety is not revealed. According to him, the act is likely to be approved by the leadership of the Federal air transport Agency on 12 October.

Problems with Transaero airlines

The airline “Transaero” is the second largest airline in Russia and the main Charter carrier with the deterioration of the economic situation in the country and the increase in the exchange rate began to experience financial difficulties. The company has been unable to provide its activity and to repay the debt.

The government originally discussed the option of selling 75 per cent stake of the airline “Aeroflot”, expecting that the largest carrier will be able to improve the company. However, the holders of shares of Transaero airlines at the time did not collect the stake and pulled the offer.

The tourist market participants fear that the problems with transportation of passengers may lead, including, to the bankruptcy of travel agents.

Total debt of “Transaero” to creditor banks together with leasing is about 250 billion rubles. Among the major creditors of the airline was called Sberbank of Russia, VTB, VEB, Gazprombank, credit Bank of Moscow, Novikombank, Otkrytie Bank, IFC and others.