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According to Russian airline Aeroflot, State should not privatize it earlier than 3 years

Moscow, Russia - Financial Director Kurmashow said that if it would sell off its majority stakes, "Would not gain a lot of money"

Shamil Kurmashov, Deputy General Director for finance and investments for Aeroflot, one of the largest Russian airlines, said today, on Wednesday, October 27, that the State should sell its shares (currently control, as equal to 51.17%) no earlier than three years, waiting for the increase in profits and in capitalization of the carrier. "I can not speak on behalf of the state. As far as Aeroflot's...

AVIONEWS - World Aeronautical Press Agency - 1122283
Rome, Italy, 10/27/2010 21:46
AVIONEWS - World Aeronautical Press Agency

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