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Ex-deputy CEO of Transaero ordered to return $150k to airline

10:53 07/10/2019

MOSCOW, October 7 (RAPSI) – The Commercial Court of North-Western District has upheld a lower court’s order to recover 9.5 million rubles (about $150,000) from ex-deputy CEO of Transaero Maria Akchurina in favor of the air carrier, according to court records.

The former Transaero manager has lost an appeal against the July 8 ruling of an appeals court invalidating an additional agreement to a labor contract between the airline’s insolvency practitioner Alexey Belokopyt, the air carrier and Akchurina as well as orders on monthly extra payments.

Transaero found itself unable to pay its debts valued at 250 billion rubles (about $4 billion) in 2015. The government-approved plan of transferring 75% of company’s shares to Aeroflot failed. Its problems resulted in mass flight cancels and delays.

In October 2015, Sberbank and Alfa Bank filed bankruptcy petitions against the troubled airline. The Commercial Court of St. Petersburg and Leningrad Region initiated bankruptcy procedure against Transaero on December 16.

The Commercial Court of St. Petersburg and Leningrad Region declared Transaero air carrier bankrupt in September 2017. 

 

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Ex-deputy CEO of Transaero ordered to return $150k to airline

10:53 07/10/2019 The Commercial Court of North-Western District has upheld a lower court’s order to recover 9.5 million rubles (about $150,000) from ex-deputy CEO of Transaero Maria Akchurina in favor of the air carrier.
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