Russia’s Aeroflot has sued Transaero Airlines for RUB5 billion ($79.3 million) in the Moscow City Arbitration Court, which did not disclose details. Aeroflot Group stated it will hire half of Transaero’s 12,000 staff and is ready to offer jobs to 700 pilots; 2,800 flight attendants; 1,000 members of engineering and technical personnel; 1,200 employees of ground handling division; and 300 administrators and managers. On Oct. 1, Aeroflot dropped plans to acquire 75% plus one ...

Subscribe to Access this Entire Article

"Russia’s Aeroflot sues Transaero Airlines" 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?

Already registered? here.