Aeroflot chief executive Vitaly Savelyev has advised Russia not to sell its 51% stake in the airline until 2014 or after its planned merger with other state aviation assets. The sale was announced last month by Russia finance minister Alexei Kudrin. It is part of a wider sell off of state assets, including VTB, which has already been sold, and Sberbank. Savelyev has requested the sale of the airline be pushed to the back of the line while it is integrating new acquisitions. Aeroflot is taking over the aviation from Russian Technologies which will grow the airline’s market cap by

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register