The Arbitration Court of Saint Petersburg and Leningrad region has put Transaero Airline under external supervision, in a decision published on the court’s website Dec. 16. Russia’s Sberbank filed a bankruptcy motion against Transaero on Oct. 19, after Aeroflot’s plans to acquire Transaero fell through. Transaero’s overall debt reached RUB250 billion ($3.72 billion), Interfax agency reported Sept. 4, quoting Sberbank president Herman Gref. Sberbank is one of ...

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