Russia subscribes for over half of $1bn Aeroflot recap

Aidan Gregory

October 12, 2020 04:00 pm

Aeroflot_PA_575_375 — MOSCOW REGION, RUSSIA - FEBRUARY 29, 2020: Aeroflot's new Airbus A350 long-range jet airliner in flight; in 2007, Aeroflot ordered 22 planes of the Airbus A350 family with eleven of them due for completion in 2020. Aeroflot will be the first Russian and the world's fifth airline to operate aircraft of this type. Tatyana Belyakova/TASS | Tatyana Belyakova/Tass/PA Images

Aeroflot, the flag carrier of Russia, has finished the first leg of a jumbo recapitalisation backed by the Russian government, amid turmoil in the airline industry due to the Covid-19 global pandemic.

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Central and Eastern Europe (CEE)Equity VTB Capital ABBs-Block Trades Europe Emerging Markets CEE Equity EMEA CEE Russia

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Aidan Gregory