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Lebedev to sell Blue Wings to Aeroflot for €1

24 April 2009 Press Release Airline News

Russian billionaire Alexander Lebedev has offered to sell his German charter airline Blue Wings AG to Aeroflot for €1 because it faces unspecified “financial difficulties”.The purchase will allow state-run Aeroflot, in which Lebedev owns a 29 percent stake to enter the European market, he said yesterday.