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transaero airlines (TRNS) Snapshot

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transaero airlines (TRNS) Details

Open Joint-Stock Company Transaero Airlines operates as an airline company. The company primarily offers scheduled domestic and international passenger traffic services. It also provides non-scheduled passenger traffic, cargo traffic, and air-transportation related services. Open Joint-Stock Company Transaero Airlines has a route network covering approximately 200 routes in The Russian Federation, Europe, Asia, the Americas, and Africa. As of December 31, 2014, its fleet consisted of 104 aircraft. The company was incorporated in 1990 and is based in Moscow, the Russian Federation.

11,507 Employees
Last Reported Date: 05/20/15
Founded in 1990

transaero airlines (TRNS) Top Compensated Officers

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transaero airlines (TRNS) Key Developments

Aeroflot Russian Airlines Files Lawsuit in Moscow Arbitration Court against Transaero Claiming RUB 3.05 Billion

Aeroflot Russian Airlines has filed a lawsuit in Moscow Arbitration Court against Transaero claiming RUB 3.05 billion. Aeroflot's lawsuit was registered on October 28, 2015. A hearing date has not been scheduled yet. Aeroflot said that the company is carrying substantial costs to maintain services for Transaero passengers. A court hearing on the first lawsuit is scheduled for November 3.

Malaysian Investor Interested In Transaero

A Malaysian government fund may acquire a stake in Open Joint-stock company Transaero Airlines (MICEX:TAER). Kommersant reported that the fund may be interested in an establishment of an Asia-oriented airline based its fleet and new airline's planes. The report added that Yury Spiridonov, President of Russian Investment Agency "Invest in Russia" (RIA) said that the fund and the RIA have held two meetings with the Transport Ministry and expressed their interest in buying Transaero. The report further mentioned that officials and representatives for Transaero’s creditors, Sberbank, Vnesheconombank and VTB, supported the idea. Yury Spiridonov said, “Malaysian investors have experience of working with debts - they have already restructured debts of Malaysia Airlines that amounted to $6 billion.” He added that one of the options is a purchase of 100% in Transaero wiotth 50% held by the fund and 50% transferred to RIA's management and restructuring of Transaero's debt. Representatives of the Ministry of Transport and creditor banks did not provide comments.

Investors Plan To Acquire Stake In Transaero

Vladislav Filev and two employees of Siberia plan to acquire a stake in Open Joint-stock company Transaero Airlines (MICEX:TAER).


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TRNS Competitors

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Company Last Change
AirAsia X Bhd 0.20 MYR 0.00
El Al Israel Airlines 215.00 +4.00
Aeroflot - Russian Airlines PJSC 56.67 RUB +0.90
UTair Aviation PJSC 15.45 RUB -0.95
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