Concise Aerospace - Transaero reportedly needs more state guarantees for a larger loan than it attracted in January 2015

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Transaero reportedly needs more state guarantees for a larger loan than it attracted in January 2015

Published 23 March 2015

According to Vedomosti, Transaero will join another airline when it officially applies for guarantees (382 words)

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Article ID: 12171

• 25 September 2017 - Civil: Concise Aerospace analyzes the current situation of VIM-Avia
• 21 September 2015 - Civil: UTair Aviation's request for government guarantees has been approved
• 16 September 2015 - Civil: Transaero's debt restructuring plan is expected by 28 September 2015
• 15 September 2015 - Civil: Another Aeroflot representative joins Transaero
• 4 September 2015 - Civil: Ministry of Economic Development prepares a directive for Aeroflot's board of directors regarding Transaero
• 3 September 2015 - Civil: Concise Aerospace's outlook for Transaero is currently negative
• 3 September 2015 - Civil: Transaero: Dmitry Erzakovich is appointed as the new general director
• 31 August 2015 - Civil: UTair Aviation hasn't yet received government guarantees
• 19 August 2015 - Civil: Concise Aerospace analyzes Transaero's 6mo 2015 financial results under Russian accounting standards
• 2 July 2015 - Civil: Concise Aerospace analyzes results of Transaero's AGM - part 1
• 3 June 2015 - Civil: An executive from Sukhoi Civil Aircraft Company confirms that talks with Transaero about Sukhoi Superjet 100s are frozen
• 22 May 2015 - Civil: Sberbank's CEO cites a "constructive dialogue" with Transaero and says that the airline's situation is "difficult, but under control"
• 21 May 2015 - Civil: Transaero: a Sberbank executive says that the bank approved a one-month extension of loan repayment
• 14 April 2015 - Civil: Transaero said that it spent the entire loan it received from state bank in January 2015
• 16 March 2015 - Civil: Ural Airlines reportedly asks for government help
• 6 February 2015 - Civil: Concise Aerospace analyzes Transaero's fleet changes
• 29 January 2015 - Civil: Transaero receives a loan from a state bank under government guarantees
• 23 January 2015 - Civil: Top 1 and 4 against top 2 and 3: Aeroflot and Sibir/S7 reportedly ask the government not to help individual airlines like Transaero and UTair Aviation
• 23 December 2014 - Civil: Transaero denies reports in the Russian media that it may suspend flights before the New Year
• 20 October 2014 - Civil: Sberbank announces that it will help organize a syndicated loan for Transaero for about $1 billion

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