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Aeroflot meeting sides with the state

Moscow, Russia - More seats in the board for Russian government

Shareholders of state-controlled Aeroflot voted at their annual meeting Saturday to strengthen the government's control over the flagship airline and curb the powers of management. Candidates put forward by the government, the owner of 51% of the company, won seven seats on the board, which shareholders voted to increase from 9 to 11 seats. Millhouse Capital UK, which quietly acquired a 26% stake...

AVIONEWS - World Aeronautical Press Agency - 29220

AVIONEWS - World Aeronautical Press Agency
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