Russia's flagship airline Aeroflot is going to make an offer to buy its struggling competitor Transaero, a source close to the government told AFP on Tuesday.
The decision to make an offer for 75 percent of the capital of Transaero was taken at a meeting led by First Deputy Prime Minister Igor Shuvalov and must now be finalised by the airline's board, the source said. Aeroflot declined to comment to AFP.
GMT 20:06 2017 Tuesday ,25 AprilUS 'deeply concerned' by Turkish strikes in Syria, Iraq
GMT 20:04 2017 Tuesday ,25 AprilFrance's president warns of complacency over Le Pen
GMT 20:02 2017 Tuesday ,25 AprilIS 'executes' at least 15 civilians in Mosul
GMT 13:55 2017 Tuesday ,25 AprilYoung man shot dead in Venezuela unrest
GMT 13:52 2017 Tuesday ,25 AprilNasdaq hits 6,000 for 1st time as US stocks rise again
GMT 13:39 2017 Tuesday ,25 AprilNetanyahu cancels meeting with German minister after dispute
GMT 13:37 2017 Tuesday ,25 AprilSyria Kurds demand coalition act to halt Turkish bombing
GMT 13:35 2017 Tuesday ,25 AprilGlobal music sales grow robustly for second year