Aeroflot News
Russian billionaire Lebedev sells Aeroflot stake for $400m
Russian oligarch Alexander Lebedev is to sell his stake in Aeroflot for $400m (£247m) in a bid to raise cash for other projects in aviation, agriculture and publishing. He was the state-controlled airline’s largest shareholder with 25.8 percent.
Aeroflot to cut 2000 jobs
Aeroflot, the Russian flag carrier has revealed plans to cut 2,000 jobs, or 13 percent of its workforce, in the next half-year, after its profits dropped amid higher fuel prices.
Lebedev to sell Blue Wings to Aeroflot for €1
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.