Shareholder S7 Filev has signed an agreement to purchase a 51% stake in Transaero airlines

Shareholder S7 Filev has signed an agreement to purchase a 51% stake in Transaero airlines


Further comment by the official representative of the group refused S7. Total debt of “Transaero” together with the leasing liabilities amount to about 250 billion rubles.

MOSCOW, 20 Oct. Group shareholder of S7 airlines Vladislav Filev has signed an agreement to purchase not less than 51% of the shares are in a difficult financial situation of airlines “Transaero”, said the official representative of the group S7.

“CEO and co-owner of the group signed an agreement to purchase not less than 51% of actions “Transaero”, — said the representative of the group. To comment further, he refused.

Last week “Transaero” reported that the former head of the Board of Directors of the company Alexander Pleshakov on October 14 directly owned 46,55% stake in the carrier. The Share Of “Transaero — The Finance” — 13,01%, Jeimbo Cyprus Limited — 0,31%.

Chairman of the Board of Directors of “Transaero” Olga Pleshakova on Tuesday confirmed that the Council at the nearest session will consider the letter to creditors about the change of the General Director of airline Dmitry Saprykin, appointed Aeroflot in September in preparation for rehabilitation. Lenders propose to appoint to this position Alexander Burdin. They offered to discuss the change of CEO at the meeting of the Board of Directors “Transaero” on October 22.

The letter was signed by the heads of the banks-creditors of “Transaero” — the absolute Bank, Novikombank, Minbank, ICD, International financial club, BFA Bank. The plan for the transfer of 75% of actions “Transaero” state “Aeroflot” for the subsequent rehabilitation took off. Thereafter, the creditors and the authorities are considering the option of bankruptcy of the troubled airline. Alfa-Bank and Sberbank filed lawsuits in the courts for recognition of the company bankrupt. VTB on Tuesday announced the intention to sue a similar statement.

Total debt of the company together with the leasing liabilities amount to about 250 billion rubles. Financial debt of “Transaero” before VTB is 12 billion rubles, Gazprombank — 7.9 billion rubles, the Sberbank — 6 billion rubles. The largest lessors are VEB and VTB, who provided the aircraft, with 55 and 40 billion rubles. Leasing debt to Sberbank is not disclosed, however it is known that the company transferred six planes that cost more than 10 billion rubles.