All participants in the talks agreed to the bankruptcy of “Transaero” – Interfax

Moscow. October 1st. INTERFAX.RU – All participants in the negotiations on the fate of the airline “Transaero” acknowledged bankruptcy the only possible solution to the problem, “Interfax”, two sources familiar with the situation.

“In fact, only one solution is possible. There is no other” – said a source in the financial and economic block of the government. At the same time, he said, such decisions must be approved at the political level – on Thursday held a meeting at the prime minister Dmitry Medvedev, he pointed out.

The second source of “Interfax”, close to the deal said there are three reasons why “Transaero” will be bankrupt. First, the airline’s shareholders have not been able to consolidate 75% + 1 of the shares, and secondly, the creditors “Transaero” has not agreed to a debt restructuring model, which was proposed by Sberbank. A third reason for the refusal to the agency called the Ministry of Finance to allocate state guarantees in the amount of 85 billion rubles. debt restructuring “Transaero” that were promised in the early stages of negotiation.

“Aeroflot” also considers bankruptcy the main option to resolve the situation with “Transaero”. In this scenario, the state company sees two key crossroads: either it passes under the control of “Aeroflot”, or “Aeroflot”, “leaves aside” and only allows the carriage of all passengers, “Transaero” without participating in its further corporate destiny, told “Interfax” informed the source.

In the second version of “Aeroflot” offset their costs for transportation of passengers “Transaero” increase in market share following the departure of the second largest player, the source said.

On Thursday, the situation with ” Transaero “first discuss the board of directors” Aeroflot “, and then held a meeting in the government, which should be the final decision. The banks are opposed to the scenario of bankruptcy, “Aeroflot” believes that they should have better calculate risks when credited the company with an extremely risky strategy.

The main creditors “Transaero” at the beginning of the year, according to statements of the company were Sberbank Gazprombank, Alfa Bank, VTB Bank, Credit Bank of Moscow, Promsvyazbank, Novikombank, Bank “International Financial Club” MTS-Bank, Agricultural Bank, Bank “FC Opening”. Total bank debt at the end of the first half of the year amounted to 67.5 billion rubles.