Shares of Transaero airlines in early trading on the Moscow exchange jumped to 34%

Shares of Transaero airlines in early trading on the Moscow exchange jumped to 34%


MOSCOW, October 29. Shares of Transaero airlines in early trading on the Moscow exchange jumped by 34.3% to the level of 19,88 ruble per share.

On Wednesday the securities of the company have risen by 57.3 per cent.

In the first half of trading on October 27, the company’s shares jumped by 39,84% to a mark of 10.95 ruble per one share, however, by the end of the day reduced the growth to 20%.

The situation with Transaero airlines

New General Director “Transaero airlines” Valery Zaitsev was invited by the creditor banks to a meeting to discuss prospects of mutual relations and cooperation. Such information contains in the letter of Valery Zaitsev, available to the.

See also related news:

The Bankruptcy Of “Transaero”

Marina Lystseva/TASS

Media: Malaysian investment Fund interested in different forms of investment in “Transaero”

VTB plans to participate in the meeting with the new leadership of “Transaero”

VTB plans to participate in the meeting with the new leadership of “Transaero”

Source: Aeroflot began the employment of the staff of “Transaero”

As reported by the newspaper “Kommersant” the President of the Russian investment Agency (RIA), Yuri Spiridonov, a major investment Fund, created with participation of the government of Malaysia and the team, with experience in restructuring Malaysia Airlines and AirAsia, is interested in various forms of investment in “Transaero”. Spiridonov noted that configurations may be two. First – purchase of 100% of actions “Transaero”, while 50% remains in the investment Fund and 50% is transferred to the management of RIA, and debt restructuring of the company. The second option – if you save “Transaero” will not work, it is possible to buy part of its fleet (Airbus A380, which made the first lease payment) and to add their own planes, establish a new airline.

Last week the Federal air transport Agency has annulled the airline operator certificate from October 26. Minister of transport Maxim Sokolov said that the certificate is revoked “once and forever”. While the current owners of shares family Filewich expect to negotiate with creditors and restructure their debt, giving private banks-creditors 49% stake in the carrier. The state-owned banks are the main creditors of “Transaero” – advocate the bankruptcy of the air carrier.