Aeroflot informed Russia's Ministry of Transport that it wishes to bid for the state's 25.5% stake in rival S7 Airlines. SU CEO Valery Okulov wrote in a letter to Transportation Minister Igor Levitin, "For the consolidation of domestic flights, we are working out the possibility of obtaining the S7 airline," Russian media reported. An S7 spokesperson told reporters that the carrier had received no notification from Aeroflot. "I am absolutely confident that, given the current situation, it is ...

Subscribe to Access this Entire Article

"Aeroflot expresses interest in S7 takeover" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.