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AEROFLOT AND SIMIR MOVING TOWARD MERGER

MOSCOW, The two russian airlines have signed yesterday a deal that envisions the combination of jets and flights. No financial details were released. Russian government pledged to support the troubled aviation industry by providing loan guarantees to airlines buying Russian-built aircrafts. Aeroflot, Russia's largest airline, has a fleet of 112 aircrafts.

AVIONEWS - World Aeronautical Press Agency - 10436
Rome, Italy, 03/30/2001 14:42
AVIONEWS - World Aeronautical Press Agency

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