Airlines
Russian Government Guarantees Debt For Transaero
Transaero Airlines CEO denies reports of possible service cancellations due to Russian currency crisis.
Transaero’s 103-aircraft fleet mainly consists of Boeing equipment, including these 737s.
Transaero’s 103-aircraft fleet mainly consists of Boeing equipment, including these 737s.

Russia’s second largest carrier Transaero Airlines has acknowledged receiving a 9-billion ruble ($164 million) credit guarantee granted by the Russian government on December 25. In a December 29 statement, Transaero specifically thanked Russia’s finance and transport ministries, as well as the Federal Air Transport Agency and Vnesheconombank, for supporting new guarantees for loans it has with government-backed JSC VTB Bank.