Concise Aerospace - Arbitration court orders Transaero to be liquidated

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Arbitration court orders Transaero to be liquidated

Published 14 September 2017

Creditors voted not to save the company, whose debts exceed $5 billion; Concise Aerospace analyzes information from Transaero's temporary manager suggesting that the company's bankruptcy was deliberate (911 words)

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Article ID: 13104

• 6 May 2020 - Civil: Part 4, government support and surviving the pandemic: Concise Aerospace analyzes Kommersant's interview with the owner of Sibir/S7 Airlines
• 30 April 2020 - Civil: Concise Aerospace analyzes the 2020 list of "core" Russian passenger and cargo airlines
• 25 March 2020 - Civil: Major Russian airlines and airports are on the list of 600 "core" Russian companies developed by the Ministry of Economic Development
• 22 August 2019 - Civil: All but one of the former Transaero international route licenses went to Aeroflot: Part 1
• 11 October 2017 - Civil: VEB Leasing wants to sell a contract for four Airbus 380s
• 5 October 2017 - Civil: Government officials and Duma deputies have an abundance of ideas for fixing the airline and travel industries
• 18 August 2017 - Civil: Transaero's creditors will meet in September 2017
• 15 November 2016 - Civil: Yet another plan emerges to save Transaero
• 26 July 2016 - Civil: Transaero loses lawsuit against the FAVT
• 16 May 2016 - Civil: Aeroflot Group: Aeroflot unsurprisingly sees no takers for former Transaero long-range aircraft
• 22 December 2015 - Civil: Aeroflot rents the MRO base at Vnukovo airport that was formerly used by Transaero
• 18 December 2015 - Civil: Court hearings: Transaero is placed under temporary management
• 18 December 2015 - Civil: Transaero files lawsuit against the FAVT
• 15 December 2015 - Civil: Concise Aerospace analyzes another reported plan to revive Transaero
• 24 November 2015 - Civil: UTair Aviation, with resources that were not available to Transaero, takes steps to improve its financial situation
• 5 November 2015 - Civil: Transaero: Alexander Pleshakov considers suing Vladislav Filev after the collapse of their agreement to transfer control
• 3 November 2015 - Civil: Transaero: Vladislav Filev finally gives up on the company
• 2 November 2015 - Civil: Aeroflot's general director says that Aeroflot plans to sign leasing agreements with VTB Leasing and VEB Leasing for 20 former Transaero aircraft
• 30 October 2015 - Civil: Aeroflot signs a memorandum with Sberbank Leasing about 14 Boeings previously ordered for Transaero
• 29 October 2015 - Civil: Transaero: Valery Zaitsev appears to have official recognition of his status as general director, and he calls a meeting of creditors
• 27 October 2015 - Civil: Transaero discontinues operations; its disputed general director starts the process toward a petition for the company's bankruptcy

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