Russia’s Transaero Airlines has received a three-year RUB9 billion ($130 million) loan from VTB Bank, backed by the Russian government. According to VTB Bank, the loan will be used to finance the carrier’s operations. Transaero has been cooperating with VTB for over eight years, borrowing funds and using the bank’s certificated securities. “Our company and VTB Bank have been reliable partners throughout this cooperation. We will now use the bank’s financial ...

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