• Shares of Transaero airlines soared on the news about plans to reopen

  • The Board of Directors of "Transaero" from 4 to 11 November will consider the resumption of the core activities of the airline. On Wednesday, November 2, reports "Interfax".

    A message about a possible resumption of the activities of the carrier raised the price of securities of the company at the opening of trading of the Moscow exchange more than 50 percent. The share price has reached the level of 5.83 roubles per share, reports TASS.

    "Transaero", the former second largest volume of traffic of the Russian airlines, went bankrupt due to high debt load (more than 250 billion rubles, including lease payments and 85 billion debt to banks) against the background of falling demand for flights. The carrier came under the operational control of "Aeroflot" in the beginning of last September, and 26 October the Rosaviation revoked operator certificate.


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