Russia's Transaero denies flight suspension plan

Russian airline Transaero.

Russian airline Transaero. Image by Aero Icarus / CC BY-SA 2.0

Russia’s second air carrier, Transaero, has denied media reports that it’s planning to suspend flights because of economic problems. According to reports, the airline has asked the government for state guarantees on its loans. The country's third largest airline, UTair, is already negotiating its restructuring due to being unable to service its debt. Read more:

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