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Airlines

Name: TRANSAERO AIRLINE
7JetSet7 Code: TRX
Status: Currently Not Operational
Region: CIS
City: MOSCOW
Country: RUSSIA
Employees 3529
Web: transaero.ru
Email: interrel@transaero.ru
Telephone: +7 (095) 241 7676
Fax: +7 (095) 578 86 88
Sita: SVODDUN
Background
(definitions)

Click below for data links:
TRX-2004-01-NEWS
TRX-2004-07
TRX-2004-09
TRX-2004-12
TRX-2005-01-A
TRX-2005-05-A-747 ORDER
TRX-2009-03-A
TRX-2009-03-B
TRX-2009-03-C
TRX-2009-03-D
TRX-2009-03-E
TRX-2009-03-F
TRX-2009-10 E TKTG
TRX-2010-02 DME PARALLEL RUNWAY
TRX-2010-11-IT SYSTEM
TRX-2012-01-OPEN SKIES WITH UKRAINE
TRX-2013-11 - 737-800 IMPERIAL CLASS
TRX-2014-01 - DME AIRPORT EXPANSION
TRX-2014-07-A330-900neo ORDERS
TRX-2015-02 - TO DELHI INDIA
TRX-CABIN ATTENDANTS-2009-03-A
TRX-CABIN ATTENDANTS-2009-03-B
TRX-LOGO
TRX-MAP

FORMED IN 1990 AND STARTED OPERATIONS IN 1991. 1ST AIRLINE TO BE FORMED AFTER AEROFLOT (ARO) IN LATE 1990. DOMESTIC, REGIONAL & INTERNATIONAL, SCHEDULED & CHARTER, PASSENGER & CARGO, JET AIRPLANE SERVICES.

ADDRESS:
Building 1, 47 Boloshya Polyanka Street
MOSCOW 119180, Russia

Russia (Russian Federation) was established in 1991, it covers an area of 17,075,400 sq km, its population is 148.4 million, its capital city is Moscow, and its official language is Russian.

APRIL 1993: FROM SHEREMETYEVO AIRPORT TO ALMATY, BERLIN, FRANKFURT, EILAT, EKATERINBURG, LONDON, KIEV BORISPOL, ODESSA MINSK, NORLISK, NOVOSIBIRSK, SOCHI, RIGA, ALMA ATA, TASHKENT, VILNIUS, VLADIVOSTOK, BAKU & TBILISI. MOSCOW TO ST PETERSBURG, KIEV & MINSK.

1,172 EMPLOYEES (INCLUDING 97 FLIGHT CREW (FC), 202 CABIN ATTENDANTS (CA) & 89 MAINTENANCE TECHNICIANS (MT)).

TECHNICAL SUPPORT & MAINTENANCE FROM BEDEK, ISRAELI AIRCRAFT INDUSTRIES (IAI), WHO SUPPLY 4 TECHNICIANS (MT) ON SITE, AND A MECHANIC (MT) FLIES WITH EACH 737.

2 +3 ORDERS 737-200'S, LEASED FROM INTERNATIONAL AIR SERVICES (IAS), SHANNON, IRELAND, 12C, 96Y PAX.

APRIL 1994: OPERATIONS TO TASHKENT.

1ST 757 DELIVERY.

DECEMBER 1994: LEASE OF 767-300ER, FOR BELLY FREIGHT TO VLADIVOSTOK. TO FLY TO 6 CITIES IN USA, IN 1996.

EXPECTS TO CARRY >1 MILLION PASSENGERS (PAX) IN 1995 (50,000 IN 1992, 150,000 IN 1993, & 533,000 IN 1994). 60% LF LOAD FACTOR. FREQUENT FLYER PROGRAM CALLED "PRIVILEGE."

HUB SERVICES WITH SAAB 340'S, FROM RIGA.

MARCH 1995: 3RD 737-236 (JT8D-15A), BRITISH AIRWAYS (BAB) LEASED, AND 3RD 757-200 (NA445), (ILF) LEASED DELIVERIES.

JUNE 1995: CHARTERS TO GREECE.

2 757'S (NB222; NB223) DELIVERIES. 757 SERVICE TO IRKUTSK 3/WEEK & YUSHNO - SAKHALINSK.

JULY 1995: ISRAELI AIRCRAFT INDUSTRIES (IAI) CONTRACT FOR 737, & 757 LINE MAINTENANCE, RENEWED WITH 12 (IAI) PERSONNEL ACTING IN ADVISORY CAPACITY ONLY.

AUGUST 1995: EVALUATING 2 767-300ER'S, (GUI) LEASED FOR DELIVERY IN
NOVEMBER 1995, WITH SERVICES TO NORTH AMERICA & FAR EAST. ALSO LOOKING AT 5 737-300'S, EX-US AIRWAYS (USA), WILL SELECT 2 FOR DELIVERY IN NOVEMBER & DECEMBER 1995.

OCTOBER 1995: NON-STOP 757 SERVICE, YUSHNO-SAKHALINSKE, 3/WEEK.

LOOKING FOR LEASED 767-300ER'S, BUT NONE AVAILABLE, SO HAS CONTACTED (TAP) PORTUGAL, & BWIA WEST INDIES (TTA), RE- L-1011 LEASES FOR WINTER CHARTERS. HAS SHELVED 737-300 PLANS.

DECEMBER 1995: 1 ORDER DC-10-15, EX-MEXICANA(CMA) FOR CHARTERS TO BANGKOK, TAIPEI & LONDON, ISRAELI AIRCRAFT INDUSTRIES (IAI) SUPPORT. 73% LF (LOAD FACTOR).

JANUARY 1996: ROUTE EXPANSION WITH DC-10-30, IN 1996, INCLUDING JUNE 1996 TO ORLANDO, & NOVEMBER 1996, TO CHICAGO (ORD). TO NENEW AUTHORITY FOR LOS ANGELES (LAX), DULLES, DALLAS/FORT WORTH (DFW), & SEATTLE (SEA).

CARRIED 1.18 MILLION PASSENGERS (PAX) IN 1995 (0.437 MILLION). 1995 = +$27.6 MILLION (NET PROFIT).

APRIL 1996: ALEXANDER BASSYOUK, VP ENGINEERING/MAINTENANCE.

3 ORDERS DC-10'S, DELAYED UNTIL 2ND QUARTER 1996.

MAY 1996: DC-10-30, 26C, 254Y, TO LOS ANGELES (LAX) (TO ORLANDO IN 10/96).

1,800 EMPLOYEES (INCLUDING 551 FLIGHT CREW (FC) & 159 MAINTENANCE TECHNICIANS (MT)).

TO CODE SHARE WITH AMERICAN AIRLINES (AAL) IN APRIL 1997, MOSCOW TO CHICAGO (ORD), DALLAS/FORT WORTH (DFW), ORLANDO (ORL), SEATTLE (SEA), & WASHINGTON DC (NOW 18 DESTINATIONS IN RUSSIA, & 7 INTERNATIONAL).

757 MAINTENANCE CONTRACT BY BRITISH AIRWAYS (BAB) SIGNED.

3 DC-10-30'S (46712; 46713; 46714), EX-AMERICAN AIRLINES (AAL).

JUNE 1996: MAINTENANCE CONTRACT FOR 757 SIGNED WITH BRITISH AIRWAYS (BAB) = 3 (BAB) EMPLOYEES: 1 PROGRAM MANAGER, 1 MAINTENANCE PLANNING ENGR, 1 PROVISIONING SPECIALIST.

ALLOWED $1.2 BILLION FOR 30 NEW AIRPLANES, WITH PLANS TO HAVE FLEET OF 40 BY 2000.

MOSCOW SHEREMETYEVO (SVO) - LOS ANGELES (LAX) IS A 12 HOUR FLIGHT. TO ORLANDO IN OCTOBER 1996, SEATTLE (SEA) IN SEPTEMBER 1997, WITH DC-10-30'S.

INCDT: (TRX) 757 (NB223) HAD A BAD LANDING AT EKATERINBURG, PUTS AIRPLANE OUT OF SERVICE FOR REPAIRS UNTIL SEPTEMBER 1996.

AUGUST 1996: BRITISH AIRWAYS (BAB) IS RESPONSIBLE FOR MAINTENANCE & ENGINEERING ON 737 AND 757 FLEETS. 3RD DC-10-30 DELIVERY FROM (MDC), NOW DEFERRED UNTIL SEPTEMBER 1996.

FLS AEROSPACE, MANCHESTER (ATD), HAS MAINTENANCE CONTRACT, FOR "C" CHECK, CORROSION PREVENTION & CONTROL PROGRAM (CPCP) & MODIFICATIONS, FOR 1 OF 3 DC-10-30 (46714), EX-AMERICAN AIRLINES (AAL).

OCTOBER 1996: BRITISH AIRWAYS (BAB) COMPLETED "C" CHECKS, ON 2 737'S AND 2 757'S.

"BRIDGING CHECKS" BEING DONE ON ALL BOEING (TBC) AIRPLANES BY (BAB), TO BRING TRANSAERO (TRX) FLEET IN LINE WITH (BAB) MAINTENANCE SCHEDULE.

737-200 (PN502), WET-LEASED FROM AVIOGENEX (AVG), FOR 2 MONTHS.

NOVEMBER 1996: TRANSAERO (TRX) APPROACHED BRITISH AIRWAYS (BAB), RE-POSSIBLE DC-10 MAINTENANCE. ALSO MET WITH AIR FRANCE (AFA) TO DISCUSS DC-10 MAINTENANCE SUPPORT.

(ILF) SAYS 3 757'S WILL BECOME "N" REGISTERED USA AIRPLANES, IN JANUARY 1997, WHICH CAUSES A PROBLEM, BECAUSE THE (BAB) MAINTENANCE PROGRAM IS NOT (FAA) APPROVED.

NEW ROUTE TO AKMOLA (KAZAKHSTAN) & SAMARA (SOUTHERN RUSSIA).

WORKING WITH BUREAU VERITAS TO OBTAIN (JAR) 145 CERTIFICATION.

DECEMBER 1996: (FAA), TRANSAERO (TRX), BRITISH AIRWAYS (BAB), AND (ILF), AGREED TO 9 MONTH EXTENSION OF RE-REGISTRATION OF 3 757'S.

JANUARY 1997: 1996 = 1.5 MILLION PASSENGERS (PAX) (+30%).

LOOKING AT 2 ASIANA AIRLINES (AAR) 737-400'S, & 1 767-300ER ROYAL BRUNEI AIRLINES (RBA).

FEBRUARY 1997: INDICATED INTEREST IN PURCHASING (TWA).

MARCH 1997: ANNOUNCED FUTURE FLEET WILL BE 737-600/-700/-800'S, 767-300ER'S, AND IL-96M'S. 10+ OF EACH NEW TYPES. NEW AIRPLANES TO REPLACE 737-200'S, AND DC-10'S.

APRIL 1997: BUREAU VERITAS, COMPLETED AN AUDIT OF MAINTENANCE DEPARTMENT, & FOUND MANY DISCREPANCIES. IN 3RD Q, BUREAU VERITAS IS TO PROVIDE TRAINING FOR (JAR) 145 CERTIFICATION, INCLUDING TRAINING QUALITY ASSURANCE PERSONNEL IN AUDITING PROCEDURES, JOB DESCRIPTIONS, AND RESPONSIBILITIES, AND INSPECTION PROCESS PROCEDURES.

POSSIBLE +6 737-430'S, EX-LUFTHANSA (DLH) (6/97), WITH MAINTENANCE, EITHER BY (DLH), OR BRITISH AIRWAYS (BAB). NEGOTIATING +3 767-200ER'S, EX-EGYPTAIR (EGP) (P&W), 5 YEAR LEASED. RETURNS 737-2K3 TO AVIOGENEX (AVG).

MAY 1997: 2,209 EMPLOYEES (INCLUDING 745 FC & 216 MT).

TO MANCHESTER (737-200), 2/WEEK.

FAILED TO ACQUIRE 6 737-430'S, EX-LUFTHANSA (DLH), WHICH INSTEAD WENT TO AIR ONE (ADH). ALSO, DID NOT LIKE THE CONDITION OF SOME EGYPTAIR (EGP) 767-200'S.

JUNE 1997: DR ALEXANDER PLESHAKOV, CHAIRMAN; ALEXANDER BASSYOUK, DEPUTY GENERAL DIRECTOR FLEET DEVELOPMENT & CONTRACTS; AND YURI BELYH, DEPUTY GENERAL DIRECTOR MAINTENANCE & ENGINEERING.

1ST 6 MONTHS = +9% RPK (PASSEGER TRAFFIC), >1 MILLION PASSENGERS (PAX).

AT PARIS AIR SHOW, TRANSAERO (TRX) ANNOUNCED WILL ORDER NEW 737'S, 767'S, 10 IL-96M'S, & 10 IL-96T'S, AND DISPOSE OF FOLLOWING AIRPLANES, AS LEASES ON PRESENT 5 737-200'S, 5 757'S, 3 DC-10'S, & 1 IL-86, EXPIRE. DC-10-30 "C" CHECK BY AEROMEXICO (AMX).

AUGUST 1997: MAINTENANCE CONTRACT SWITCHED BACK FROM BRITISH AIRWAYS (BAB), TO ISRAELI AIRCRAFT INDUSTRIES (IAI), BECAUSE "N" REGISTERED AIRPLANES, MEANS NO (FAA) CERTIFICATION OF (BAB) MAINTENANCE PROGRAM.

2 ORDERS (9 & 11/97) 737-300'S (PQ983; PQ986), (GUI) LEASED. POSSIBLE 737-700 AIRPLANES, EX-BAVARIA AIRLINES (BAV), DEPENDING ON FEDERAL AVIATION AUTHORITY OF RUSSIA (FAAR) CERTIFICATION, OF 737-700, AFTER (FAA) CERTIFICATION.

SEPTEMBER 1997: PLANS TO START ROUTE TO STRASBOURG (737) & TO HONG KONG.

1 737-300 (PQ983), (GUI) LEASED. 1 ORDER (3/98) 767-300ER, (ILF) LEASED, TO BE USED FOR NON-STOP FLIGHTS TO LOS ANGELES (LAX), REPLACING DC-10-30 PRESENTLY USED ON ROUTE. 2 ORDERS (12/97) 737-700'S, BAVARIA AIRLINES (BAV) LEASED. READY TO SIGN $650-670M ORDER, FOR 14 BOEING AIRPLANES BY 2001, INCLUDING 4 737-700'S, & 2 757'S, IN 2000, AND 8 737-700'S, 757'S & 767-300ER'S, BY 2001. LATER, TO BUY 6/6 IL-96M'S ($450M).

OCTOBER 1997: 2 ORDERS (12/97) 737-7K9'S (28088; 28089), BAVARIA (BAV) LEASED.

NOVEMBER 1997: ALEXANDER SHEREMET, DIRECTOR MAINTENANCE CONTRACTS.

(FAR) 145 REPAIR STATION CERTIFICATE AWARDED. (FAA) INSPECTORS, FOUND DC-10 MAINTENANCE PROGRAM ACCEPTABLE.

PLANS TO FLY TO ASHGABAT AND BISHKEK.

CANCELLED LEASE AGREEMENT FOR +2 737-300'S (PQ983 AND PQ986) WITH (GUI), AND INSTEAD, LEASED TU-134, OPERATING AS "TRANSAERO EXPRESS."
TO REPLACE DC-10, WITH 767-300, IN 3/98.

DECEMBER 1997: TO GAIN IMMEDIATE EXTENDED TWIN-ENGINE OPERATIONS (ETOPS) TO LOS ANGELES (LAX), & INTENDS TO ARRANGE MAINTENANCE CONTRACT WITH DELTA AIRLINES (DAL), OR LUFTHANSA (DLH).

PLANS TO RE-CERTIFY 3 757'S, TO US N-REGISTRY.

DELIVERY OF 2 737-7K9'S, EX-BAVARIA (BAV), HAS NOW SLID TO MID-3/98, & TRAMCO (BFG) IS NOW NOT ABLE TO DO POST PRODUCTION MODIFICATIONS. 1ST DELIVERY OF 767-300ER, (ILF) LEASED, IN 3/98.

JANUARY 1998: BUYS 30% IN RIAIR-RIGA AIRLINES, ITS LATVIAN PARTNER, FOR RIGA - LONDON GATWICK. PLANS FOR "TRANSAERO EXPRESS," TO BECOME EUROPEAN REGIONAL AIRLINE, IN 1998 FOR INTERNATIONAL FEEDER SERVICE.

TO HONG KONG (DC-10).

CONTRACT TO TRACE WORLDWIDE, CALIFORNIA, FOR POST PRODUCTION MODIFICATIONS, ON 737-700'S, FOR 3/98 DELIVERY, AND ALSO 767-300ER'S. POSSIBLY DELTA AIRLINES (DAL), OR CONDOR (CDF), FOR MAINTENANCE.

1ST OF 5 757'S, CHANGED FROM IRISH, TO USA REGISTRY (N701LF).

757 "C" CHECKS ACCOMPLISHED BY EL AL (ELA), FOR ISRAELI AIRCRAFT INDUSTRIES (IAI) BEDEK.

MARCH 1998: ALLIANCE WITH UZBEKISTAN KHAVO JULLARY (UZB), COMMONWEALTH OF INDEPENDENT STATES ALLIANCE (CISA), TO IMPROVE GROWTH, AND COMPETITIVENESS WITH FOREIGN AIRLINES, BY INCREASING AIR SERVICE, QUALITY, & HELPING OPERATIONS BECOME MORE EFFICIENT, UNIFY TYPES OF AIRPLANES FLOWN, DEVELOP A SINGLE RESERVATION SYSTEM, & IMPROVE TECHNICAL & GROUND SERVICE, INFRASTRUCTURE.

APRIL 1998: 2,209 EMPLOYEES (745 FC & 216 MT).

JUNE 1998: PLANS FOR HANGAR AT SHEREMETYEVO AIRPORT, WITH BEDEK (IAI) MAINTENANCE.

1ST 2 737-7K9'S DELIVERIES, BAVARIA (BAV) LEASED. 767-300ER, (ILF) LEASED, ALLOWS RETURN OF 1, OF 3 DC-10-30'S, TO LESSOR, (AGES). 2ND 767, IN LATE 1998.

JULY 1998: 1ST AIRLINE TO FLY THROUGH NORTHERN, CROSS-POLAR CORRIDOR, RUSSIA HAS OPENED TO FOREIGN AIRLINES. FLEW NEW SIBERIAN CORRIDOR FROM MOSCOW, VIA KRASNOYARSK, TO TORONTO, & NEWARK (11 HOURS) (DC-10-30).

CHANGES 2ND, 3RD & 4TH, 757'S, TO USA REGISTRY. 2 737-700'S, (ILF) LEASED. 1 767-300ER, (ILF) LEASED. ALL BOEING AIRPLANES, EXCEPT 737-200'S & DC-10'S, ARE USA REGISTERED.

AUGUST 1998: BORIS BEREZOVSKY, MAJORITY SHAREHOLDER OF AEROFLOT (ARO), TAKES OVER AS HEAD OF TRANSAERO (TRX), REPLACING ALEXANDER PLESHAKOV.

FY 1997 = -$80M (NET LOSS): 1.6M PASSENGERS (PAX). NOW IS RUSSIA'S 2ND LARGEST AIRLINE.

PLANS TO PHASE OUT ITS 3 DC-10'S, 290 PAX, BY END OF 1998, & 5 757-200'S, 185 PAX, BY 2002. PLANS FOR 10 737-700'S, WITH +2, BY END OF 1998, & 4 IN 1999. EXPECTS +3 767-300'S, BY 2000, + +4 IN FOLLOWING 2 YEARS.

OCTOBER 1998: ALEXANDER SAVELYEV, MANAGER TECHNICAL DEPARTMENT.

PHASES OUT ISRAELI AIRCRAFT INDUSTRIES (IAI) MAINTENANCE SUPPORT.

RECEIVES 120 MINUTES (ETOPS) APPROVAL FROM LOCAL RUSSIAN REGULATORY AUTHORITY, & APPLIES FOR (FAA) APPROVAL, FOR 767'S.

1 737-700 DELIVERY, PEMBROKE LEASED, +1 ORDER, POST DELIVERY MODIFICATIONS AT TRAMCO (BFG), FOR INTERIOR RECONFIGURATION. DC-10-30 (46713) RETURNED TO LESSOR. DC-10-30 (N142AA) GROUNDED SINCE 12/97. 2 757-2Y0'S (26160) AND (26161), RETURNED TO GECAS (GEH).

DECEMBER 1998: MOSCOW SHEREMETYEVO - LONDON GATWICK (737-700).

(FAA) 120 MINUTES (ETOPS) FOR 767-300ER, ALLOWS 1ST (ETOPS) NORTH ATLANTIC TO LOS ANGELES (LAX).

2 737-73S'S (98-29076, N102UN; 104-29077, N103UN), BOTH STORED AT MARANA. 757-200 (NB222) LEASED TO ROYAL NEPAL AIRLINES (RNA), FOR 4 MONTHS.

JANUARY 1999: 1 DC-10-30 ALREADY RETURNED TO LESSOR, & OTHER 2 IN 1999, ALL AGES LEASED TO HAWAIIAN AIRLINES (HWI).

MARCH 1999: 2 757-200'S (NB222; NB223), RETURNED TO ILFC (ILF). 767 (VS111) RETURNED TO (ILF).

APRIL 1999: 2,209 EMPLOYEES (INCLUDING 745 FC, 626 CA, & 216 MT).

(http://www.transaero.ru). (interrel@transaero.ru). SITA: SVODDUN.

1998 = -$14.5M (HAS SURVIVED EFFECTS OF SHARP FALL IN RUBLE'S VALUE, WITH HEAVY LOSSES ON DOMESTIC FLIGHTS). IN 1999, HOPES TO TURN A PROFIT. DOMESTIC WAS 56% OF COMPANY'S EARNINGS. COST CUTTING MEASURES, INCLUDING CUTTING WORKFORCE BY 60%, REDUCING FLEET BY RETURN OF 1 737-200, 5 757'S, & 3 DC-10'S.

MAY 1999: MAINTENANCE CONTRACT WITH AIR KAZAKHSTAN, FOR LINE MAINTENANCE OF 737-200'S AT MOSCOW SHEREMETYEVO AIRPORT.

PLANS FOR +2 737'S, LEASED NEXT YEAR.

MAY 1999: 1998 = 1.29M PASSENGERS (PAX) (-5%); 64% LF (LOAD FACTOR).

NUMBER OF PAX INCREASED ON ROUTES TO BERLIN, TEL AVIV, FRANKFURT, ASTANA, KIEV, ODESSA, KISHNIKEV, AND TASHKENT. IN 1999, CONSIDERING CODE SHARES WITH SIBIR AIRLINES (SBR), DOMODEDOVO AIRLINES (DOD) AND AIR KAZAKHSTAN (KAZ).

JUNE 1999: 767-300ER (CF6-80C2) (28206) RETURNED TO (ILF), TO LAPA (LAZ).

AUGUST 1999: INSTALLING CANADIAN MARCONI, CMA-900 (GPS) FLIGHT MANAGEMENT SYSTEM, IN PLACE OF OMEGA NAVIGATION SYSTEM, ON 737-200'S, WITH INSTALLATION AT HEAVYLIFT (HVL).

DECEMBER 1999: USA DEPARTMENT OF TRANSPORTATION (DOT) OK'S RENEWAL OF EXEMPTION, FOR FLIGHTS TO NEW YORK, VIA INTERMEDIATE POINTS.

737 (PK777) HAS BEEN OUT OF SERVICE, SINCE 7/99, DUE TO LACK OF ENGINES, AFTER MAINTENANCE AT BEDEK, ISRAELI AIRCRAFT INDUSTRIES (IAI), (ALSO DUE TO LACK OF PAYMENT). 10 ORDERS (1/01) TU-204'S.

MARCH 2000: SWITCHES ITS MOSCOW - LONDON FLIGHT FROM GATWICK, TO HEATHROW.

APRIL 2000: 1,147 EMPLOYEES (INCLUDING 108 FC, 221 CA, & 210 MT).

1999 = +$4.4M: 572K PAX, 64% LF.

TOGETHER WITH AIR KAZAKSTAN (KAZ), KRASAIR (KRA), & URAL AIRLINES, FORMS PARTNERSHIP WITH CONTINENTAL AIRLINES (CAL), TO COORDINATE SCHEDULES, AND CODE SHARE WITH (CAL), ON TRANS-ATLANTIC SERVICES.

JUNE 2000: 3 737-236'S (656-22028, RA-73001; 742-22032, RA-73002; 751-22034, RA-73003), FINAVIAN LEASED.

JULY 2000: TO CODE SHARE WITH AZERBAIJAN AIRLINES (AHY), TO BAKU.

HOPES TO RECEIVE $2.15M CREDIT, FROM STATE-OWNED, VNESHTORGBANK, TO HELP FINANCE 10 ORDERS TU-204'S.

1999 = +$4.4M: 1.36B RPK (-65.6%); 66.6% LF; 5.43M FTK (-79.3%); 577K PAX (-57.3%); 1,147 EMPLOYEES.

CONTRACT WITH AIR KAZAKSTAN (KAZ), AND SAKHALIN AIRLINES (SKH), FOR 737-200 ENGINEERING SUPPORT. 1 YAK-40, ORLOV AIR, WET-LEASED, FOR SERVICE TO MINSK.

AUGUST 2000: OPERATES TO ALMATY, KAZAKSTAN, & TEL AVIV. TO STRASBOURG.

A310-300 DELIVERY. PLANS TO ACQUIRE 5 A310'S OVER NEXT 3 YEARS, WITH 1ST DUE IN 9/00, FOR SERVICE TO ALMATY, FRANKFURT, LONDON, AND TEL AVIV.

SEPTEMBER 2000: BY END OF 2000, TO AKTYUBINSK AND ATYRAU.

MAINTENANCE CONTRACT FOR 737-200'S TO AMENDA REPAIR STATION, BEIJING. IL-86 SUBLEASED TO KRAS AIR (KRA).

NOVEMBER 2000: RECEIVES (JAR) 145, REPAIR STATION CERTIFICATION, APPROVED FOR 737'S & A310'S.

1 A310-324 (456, F-OGYR) (PW4000), EX-AEROLINEAS ARGENTINAS (ARG), AFIS LEASED.

DECEMBER 2000: PLANS TO SELL 1 737-236 HGW (742-22032, /81 50 24 RA73000), EX-BATAVIA (BAT), (FVN) LEASED. CURRENTLY PARKED AT EURALAIR (ERA), LE BOURGET, AFTER COMPLETION OF HEAVY MAINTENANCE. 2 737-2C9'S (501-21443, /77 58 30 EI-CLN; 516-21444, /78 56 29 EI-CLO), EX-LUXAIR (LUX), (FVN) LEASED, HAVE BEEN GROUNDED AT TRANSAERO (TRX), IN UNAIRWORTHY CONDITION, FOR LAST YEAR. NOW BOTH LEASES HAVE TERMINATED, MAY BUY THESE 2 AIRPLANES.

JANUARY 2001: 737-2C9 (21444) HEAVY MAINTENANCE AT (AMECO) (BEJ). 737-200 (PK777) SOLD TO AERO NORTH ICELANDIC.

FEBRUARY 2001: 737 FLIGHT AND MAINTENANCE OPERATIONS MOVE FROM MOSCOW'S SHEREMETYEVO TO DOMODEDOVO AIRPORT. THIS MOVE WILL RESULT IN A SIGNIFICANT REDUCTION OF EXPENSES RELATED TO AIRPORT SERVICES.

MARCH 2001: IN 10/01, TO TAIPEI, CODE SHARE WITH CHINA AIRLINES (CHI) (A320, WEEKLY).

APRIL 2001: 1,147 EMPLOYEES (INCLUDING 108 FC, 221 CA, & 210 MT).

MAY 2001: 1 737-236 (742-22032) RETURNED TO (FVN), LEASED TO BOURAQ (PTB).

AUGUST 2001: 1ST 6 MONTHS = .44B RPK, 183K PAX (-5.9%). PROJECTS >500,000 PASSENGERS (PAX) IN 2001 (430K).

PLANS TO LEASE +1 737, +1 A310-300 AND TU-204 & 214'S.

OCTOBER 2001: A310 RETURNED TO AIRBUS. ALSO, PLANS TO REMOVE 4 AGING 737-200'S. WILL ADD +1 737-700, AND LEASE 2 767 AIRPLANES FOR RUSSIAN FAR EAST ROUTES.

NOVEMBER 2001: YOURI BELYKH, TECHNICAL DIRECTOR, LEAVES TRANSAERO (TRX), TO BECOME TECHNICAL DIRECTOR OF AEROFLOT (ARO).

PLANS TO INCREASE 737-300 FLEET TO 4 AIRPLANES, IN 2002.

MARCH 2002: (TELEPHONE: (095) 578 50 38). (FAX: (095) 578 86 88).

June 2002: 1 737-329 (1709-24355, EI-CXR), East Trust leased.

July 2002: 2nd 767-216 (VE116) delivery.

August 2002: Charter service to Taipei (767-200ER). Will upgrade to scheduled service by end of 2002.

Nikolay Antonov, Production Manager. Sergey Ishenko, QA Manager.

2 + 2 orders 737-300, leased to replace 737-200's.

September 2002: 1 767-216ER (142-23623, EI-CZD), ex-TACA International (TAC), (ILF) 5 year leased.

November 2002: Plans to add Hong Kong, as an extension of its Moscow (Domodedovo) - Taipei service.

Stanislav Tsybulko, Director Air Safety. Tatyana Odincova, Director Flight Crew Training.

+2 orders (2/03) 767-300ER, ex-Air FRANCE (AFA).

MAY 2003: 767-3Q8ER (355-24745, EI-DBF), ACG Acquisitions leased. 767-328ER (378-24746, EI-DBG), (BBB) leased.

June 2003: 767-37EER (385-25077, EI-DBU), ex-Air France (AFA), Pegasus (PSS) leased.

September 2003: 2002 = 1,000M RPK (+11.9%); 400K PAX (+2.6%).

2002 TOP WORLD AIRLINES TRAFFIC (RPK) (Million):
200 (ARK) 1,174; 201 (SKM) 1,132; 202 (LUX) 1,104; 203 (ACE) 1,087; 204 (BMR) 1,051; 205 (TRX) 1,000; 206 (CRH) 983; 207 (NOD) 972; 208 (JAT) 972; 209 (ASY) 969; 210 (GHN) 942; 211 (TRANS STATES A/L) 861M; 212 (SAS) COMMUTER) 854M; 213 (PORTUGALIA) 827; 214 (ADR) 794; 215 (PIE) 789; 216 (MIB) 771.

767-201ER (182-23899, EI-DBW) leased.

October 2003: Moscow - Punta Cana (weekly charter).

November 2003: 737-3S3 (24165, EI-DDK), ex-(JAT) Airways, Hanway Corporation leased.

December 2003: Next month, Moscow - Taipei (bi-weekly charters).

March 2004: In 2004-06, Moscow (DME) - Edinburgh (weekly).

April 2004: 950 employees.

737-4YO (24904, EI-DDY), Debis AirFinance (DEA) leased.

May 2004: 1st Quarter = +284.6% passengers (PAX).

In 2004, +2 737's & 2 767's. In 2004-09, 1st Tu-204-300.

June 2004: 767-33AER (25346, EI-DFS), Babcock (BBB) leased.

August 2004: 1st 6 months = Aeroflot (ARO) 3.1 Million PAX (+.3%); Sibir (SBR) 1.5 Million (+17.1%); KrasAir (ZXD) 765,000 (+46.6%); UTAir (TYU) 634,000 (+9.3%); Transaero (TRX) 607,000 (+124%).

In 2004-10, Moscow (DME) - Manchester (737-700, weekly).

737-4YO (24519), ex-Skynet (SNF), Babcock (BBB) leased. 3 orders (2004-10) Tu-204-120 PAX airplane from Air Cairo (AOX).

September 2004: 737-4S3 (25596, EI-CXK), ex-Skynet (SNF), (ILF) leased.

November 2004: Moscow (DME) - Singapore Changi (weekly).

February 2005: 1 +4 orders 747-219B (22722; 22723; 22724; 22725; 22791), ex-Virgin Atlantic Airways (VAA).

April 2005: 747-219B (22722, N502TA), bought from Virgin Atlantic Airways (VAA).

June 2005: Orders CMC Electronics CMA-900 FMS to provide GPS-based navigation and enhanced operational capability for its fleet of 5 747's, joining its 737-200 as a user of the unit.

November 2005: Moscow Domodedovo Airport (DME) plans to invest $500 million over the next five years to continue its dynamic growth and become a major transfer point between East and West. "Our goal is to have all quality carriers which serve Moscow here at Domodedovo Airport (DME)," Director-Business Development Daniel Burkard said. The addition of Thai Airways (TII) on November 1 means that the airport is served by 15 foreign airlines, up from just one in 2001.

Domodedovo Airport (DME), which is celebrating its 40th anniversary, will become Moscow's busiest airport this year with a 47% share of passenger traffic. Sheremetyevo will fall to No 2 with a 41% share, with Vnukovo bringing up the rear at 12%.

With Aeroflot (ARO), (TRX) is invited to join the SkyTeam (STM) alliance, Burkard believes the search by major alliances for other Russian partner airlines will accelerate and (DME) plans to cooperate wherever it can. "If an alliance, such as Star, decides to come to (DME) and needs more space, we are able to offer that we would build a separate terminal for them," he said.

From January to September, 10.7 million passengers used Domodedovo Airport (DME). For the full year, Burkard expects at least 13.6 million, ranking it No 18 among European airports. Management believes that by 2010 some 24 million passengers will use it. Currently, traffic is split 45% domestic and 55% international. Around 30% of users are transfer passengers.

The airport is weighing seeking foreign investors or an Initial Public Offering (IPO) to raise development funding estimated at $120 - $150 million per year. Priority projects include doubling the size of the passenger terminal, extending parking facilities and certifying all runways in accordance with (ICAO) Category III requirements. Nevertheless, until 2013 capacity of the current two runways should be enough to handle increased traffic, Burkard said.

December 2005: Transaero (TRX) of Russia added a second 747-200 to its fleet. (TRX) is considering adding eight 737-800s for charter operations.

February 2006: Transaero Airlines (TRX) has launched a weekly
767-300ER service from Moscow Domodedovo (DME) to Sanya, China. It will also launch a twice weekly 737-300 service between (DME) and Paphos on March 21. (TRX) is reportedly planning to add a new route from its hub in (DME) to Toronto Pearson soon.

(TRX) will not be resuming its seasonal summer service from Moscow to Edinburgh this coming summer. Last year, the airline operated a weekly Wednesday 737 service on this route.

747-267B (22872, N747VC) delivery.

March 2006: Russian airlines reported a combined -RUB2.2 billion/-$78.7 million drop in net profit in 2005, according to a statement from the Federal Air Transport Agency cited by Russian media. Revenues increased +10% to RUB180 billion against a +20% lift in costs. The number of passengers grew +3.9% to 35.1 million and passenger revenues rose +3.4%.

April 2006: Transaero Airlines (TRX) inaugurated nonstop service from Moscow Domodedovo to Bukhara (Uzbekistan). The airline now operates a weekly flight on Thursdays using a 737-400. Transaero (TRX) inaugurated nonstop service from Moscow's Domodedovo Airport to Anadyr. The airline now operates a weekly flight departing Moscow on Sundays and Anadyr on Mondays and using a 747-200 or 767-200. Transaero (TRX) will inaugurate nonstop service from Moscow's Domodedovo Airport to Toronto on June 21st. The airline will operate a weekly flight departing Moscow on Wednesdays and Toronto on Thursdays and using a 767-200.

Empire Aero Center of New York was awarded a contract to provide heavy maintenance on (TRX) 747-200s. The first airplane is slated to undergo "C" and "D" checks at the end of April.

(TRX) took delivery of its 4th 747-219B (22722, VP-BQE) at Domodedovo Airport in Moscow. This summer, the airline is operating the 747s on routes to Croatia, the Dominican Republic, Egypt, India, Israel, the Maldives, Spain, Thailand, Tunisia and Turkey. Transaero (TRX) is planning to add 2 more 747s to its fleet in the coming months.

May 2006: Transaero (TRX) said that it aims to raise $250 million by floating 15% - 18% of its stock in an Initial Public Offering (IPO) in Russia in 2007. According to Reuters, the plan has received the backing of the airline's board of directors. A general meeting of shareholders will vet the issue on May 27. Transaero (TRX) Director General, Olga Pleshakova told reporters, the carrier intends to boost sales from $370 million in 2005 to $2 billion in two years.

(TRX) took delivery of a fourth 747 last month and will add two more "in the months to come." It will use the type on a new Moscow - Anadyr service launching in June.

May 2006: Transaero (TRX) plans to launch flights this year from Moscow to Vienna and to Rio de Janeiro, possibly via Vienna, using 747-200s. It also is considering serving Vienna from Novosibirsk, Yekaterinburg, Krasnoyarsk and Ufa.

(TRX) will resume nonstop service from Moscow to Edinburgh on June 6th and will operate the route on a seasonal summer basis through the end of August with 1 flight every 2 weeks using a 737.

bmi (BMA) plans to serve Moscow Domodedovo airport through a joint service with Russian carrier Transaero (TRX) beginning October 29, following the award of route rights from London Heathrow. The two airlines will offer twice-daily service on the route "as soon as possible." (BMA) will use an A320 on the route, on which British Airways (BAB) and Aeroflot (ARO) have a similar arrangement.

July 2006: Transaero (TRX) is a large Russian carrier operating scheduled, jet airplane flights to more than >20 domestic and international destinations.

(IATA) Code: UN - 670. (ICAO) Code: TSO (Callsign - TRANSOVIET).

Parent organization/shareholders: Aerotrans Joint Stock Company; Ikar; Ilyushin Design Bureau; Laves; & Liner.

Owns: AirBaltic (BAU) (0.2%); & Transaero Express (100%).

Alliances: Air Moldova (MOL); & KrasAir (ZXD).

Main Base: Domodedovo International Airport (DME).

Domestic, Scheduled Destinations: Anadyr; Ekaterinburg; Irkutsk; Moscow; Novosibirsk; Petropavlovsk-Kamchats; St Petersburg; & Yuzhno-Sakhalinsk.

International, Scheduled Destinations: Aktau; Almaty; Astana; Bangkok; Berlin; Denpasar Bali; Frankfurt; Karaganda; Kiev; Kuala Lumpur; London; Male; Montreal; Odessa; Ovda; Paphos; Shimkent; Singapore; Tashkent; Tel Aviv Yafo; & Utapao.

Transaero Airlines (TRX) wants the Russian government to lift duties on imported airplanes in order to spur fleet renewal. Director General, Olga Pleshakova said in Toulouse that the A330, A340 and A350 "perfectly suit Transaero (TRX)'s development strategy in the field of servicing long-haul routes from Moscow and St Petersburg airports." It currently flies to Canada, the Caribbean and Southeast Asia, and intends to expand its network to the USA, Brazil and Australia.

August 2006: Worldspan announced finalization of multiyear full-content distribution agreements with Air Moldova (MOL), Aegean Airlines (CRM), AeroSvit Airlines (UKA), Air Burkina (VBW), Arkia Israel Airlines (ARK), Aurigny Air Services, dba (DBA), Eos Airlines (EOS), Transaero Airlines (TRX), and VLM Airlines.

September 2006: Transaero (TRX) took delivery of another 747 at Domodedovo Airport, the airline's 6th. In the coming winter season the airline plans to operate 747s on routes to Bangkok, Utalao, Phuket (Thailand); Goa (India); Denpasar (Indonesia); Male (Maldives); Hurgada, Sharm-el-Sheih (Egypt); Dubai (UAE); Punta Cana (Dom Rep) and Varadero (Cuba).

October 2006: Transaero (TRX) started a twice-weekly Moscow Domodedovo - Amritsar (India) service. The airline now operates 2 flights a week, departing Moscow on Tuesdays & Thursdays and Amritsar on Wednesdays & Fridays, using a 767-200. Daily codeshare with bmi (BMA) between Moscow Domededov - London Heathrow.

Transaero (TRX) will introduce (SITA)'s PassengerWeb Check-in application next month. Initial deployment will be available from the airline's home base at Moscow Domodedovo, first within Russia and then abroad. From Russian and English, the service gradually will be made available in Chinese, French and Spanish. Transaero (TRX) also intends to work with (SITA) on introduction of check-in kiosks in the near future.

December 2006: 1st 737-500 (EI-DTX), delivery - see photo.

February 2007: 4 747-356Bs (23482, N740UN; 23640; 24019; 24156), bought from Japan Airlines (JAL).

March 2007: Malaysia Airlines (MAS) and Transaero Airlines (TRX) have launched a partnership to develop Moscow Domodedovo - Kuala Lumpur service. Initial phase lasts through this month, during which Transaero (TRX) will operate the route with a 767-300 with (MAS) as a codeshare partner.

April 2006: Transaero (TRX) plans to sell a 10% to 17% stake in an Initial Public Offering (IPO) next year, Russia's (AK&M) reported. The company reported turnover of RUB13.63 billion in 2006, up +37.8% from the prior year.

June 2007: (TAP) Maintenance & Engineering concluded a contract with Transaero Airlines (TRX) for the overhaul of (RB211-524D4)s that power its fleet of six 747-200s. Value of the five-year contract is �90 million/$120.5 million.

July 2007: Continental Airlines (CAL) confirmed that it reached an agreement earlier this month to sell 10 737-500s to Transaero (TRX) for delivery later this year and in 2008.

737-5K5 (2022-25037, VP-BPA) AerGo Capital leased.

September 2007: Plans to replace all of its 747-200s with 747-400s and convert the older types into freighters to handle cargo operations. Will withdraw 6 747-200s from passenger service by 2010. The first of 6 secondhand 747-400s is due to enter service before the end of the year. The 747s operate passenger services to South-East Asia, the Caribbean, and holiday destinations in the Mediterranean.

October 2007: Transaero (TRX) said it received Russian government approval to operate scheduled service from Moscow Domodedovo to the New York City area, and Los Angeles, beginning next year. Russia's second-largest international carrier, Transaero (TRX) already flies to Toronto and Montreal in North America and serves nearly 80 destinations overall, with 13 737 Classics, seven 767-200s/-300s, seven 747-200s/-300s and one Tu-214.

Russian airlines have been ordered by the Transport Ministry to follow a list of customer service regulations beginning October 20 or risk fines and the eventual loss of their operating licenses, "The Moscow Times" reported. Under the new directives, airlines are forbidden from denying travel in the case of lost or stolen tickets and must provide hot meals every 4 hours and hotel rooms in the case of extended delays, among other things, the paper said.

Singapore Technologies Aerospace's Panama Aerospace Engineering (PAE) subsidiary won a contract valued at S$4.5 million/$3.1 million from Transaero Airlines (TRX) for maintenance and "C" checks on 10 737-500s. Work will begin this month with redelivery slated for December. (PAE) plans to redeliver the final airplane in late 2008.

November 2007: Transaero (TRX) said it will extend its network from Moscow Domodedovo with scheduled flights to Sydney, via Hong Kong, as well to Mauritius and Johannesburg. The Russian carrier said it release more details soon.

December 2007: Transaero (TRX) is launching flights from Moscow Domodedovo (DME) to Sydney via Hong Kong on December 24, operating twice-monthly using 767s. On December 29, it will start regular flights from (DME) to Mauritius and Johannesburg 2 to 3 times per month. The routes mark the first time that Australia and South Africa will be connected with scheduled flights to Russia.

January 2008: Moscow Domodedovo (DME) announced the end to its renovation project on Runway 1, which began in 2003 and was part of a modernization project costing approximately RUB12 billion/$492.2 million. A temporary third runway was opened in May 2006 to handle traffic during the work. The new Runway 1 will handle up to 45 operations per hour.

767-3P6ER (26234, EI-UNB), ex-Gulf Air (GUL), ex-(A40-GY), delivery.

February 2008: Transaero (TRX) added seven airplanes (one 747-400, one 747-300, four 737-500s and one Tu-214), opened 12 new routes and reported a +51.7% growth in passengers to 3.2 million, in what the Russian airline called a "record" 2007. Traffic rose +50.9% year-over-year to 11.76 billion (RPK)s and load factor was 79.4% LF. A year-ago comparison was not provided. Transaero (TRX), which claims to be Russia's second-largest international carrier, now operates eight 747s, seven 767s, 14 737s and the Tu-214. It employs 3,600.

March 2008: Transaero (TRX) will launch twice-weekly, St Petersburg - Tokyo Narita on April 24, using 767-300ERs.

Transaero (TRX) took delivery of a 767-300ER and a 747-300, bringing its long-haul fleet to 17 airplanes and its total fleet to 32. It said it is planning to add "several" long-haul routes this year, including flights to the USA from Moscow.

May 2008: Transaero (TRX) flew 3.83 billion (RPK)s passenger traffic in the first quarter, up +43% over the year-ago period, on a +44% increase in passenger numbers to 791,000. Freight rose +43% year-over-year to 367,000 tons. (TRX) also announced the completion of its (IATA) (ITA) Operational Safety Audit (IOSA) certification. It operates 10 747s, 10 767s, 15 737s, and one Tu-214.

June 2008: Transaero (TRX) announced that Alexander Pleshakov was reelected Chairman and Olga Pleshakova was reelected General Director.

July 2008: Transaero (TRX) flew 7.97 billion RPKs traffic during the first six months of 2008, up +55% year-over-year. Passenger numbers climbed +56% to 2.1 million, a company record. The Russian carrier added two 747s, four 767s, and one 737 during the semester. It now operates 37 airplanes.

Transaero (TRX) launched four-times-weekly, Moscow Domodedovo - Vladivostok aboard a 767-300ER.

Transaero (TRX) announced a partnership with Gazprom Neft that "guarantees prompt and efficient jet fuel supply" in Russia "on favorable terms" in return for reduced fares for Gazprom employees.

August 2008: Domodedovo (DOD) Technique was granted (EASA) certification for heavy maintenance services including "C" checks on 737-300/-400/-500 airplanes. (DOD) already has signed agreements of intent with KD avia (KGD), Orenair (ORB), and Transaero Airlines (TRX) for heavy maintenance work on 737s.

Transaero (TRX) added its first 777-200ER. It said it is the first Russian carrier to acquire the type, which will seat 12 in first class (F), 14 in business (C), and 280 in premium and standard economy (Y). The airplane initially will operate between Moscow Domodedovo and Tel Aviv. Three more 777s are scheduled to be delivered to Transaero (TRX) this year.

September 2008: INCDT: The USA National Transportation Safety Board (NTSB) said it is investigating an August 28 incident in which a Transaero (TRX) 747-400 and a Delta Air Lines (DAL) 737-800 "came within zero feet vertical and 1 minute lateral separation at an altitude of 33,000 feet, about 179 miles north of San Juan, Puerto Rico." It added that the Transaero (TRX) 747 "descended 200 to 300 feet" after receiving a (TCAS) alert. The (DAL) airplane was en route from New York (JFK) to Port of Spain.

October 2008: Transaero (TRX) adds a second daily, Moscow Domodedovo - London Heathrow on October 26.

Transaero (TRX) Director General, Olga Pleshakova said the carrier plans to announce an order for six A350 XWBs or A380s very soon. She told the "Vedomosti" business daily that the airline is awaiting a detailed offer from Airbus (EDS), adding that the A350 "is a more economical airplane" than the 787. Transaero (TRX) has ordered eight A330-200s and four A320s, but currently operates no Airbus (EDS) equipment. It expects its fleet to reach 43 by year end, up from 38 one year ago. It recently took delivery of its first 777-200.

November 2008: APG Global Associates (APG-GA) added Transaero (TRX) and Daallo Airlines (DAO) of Djibouti to its interline e-ticketing program. More than >20 carriers have signed with (APG-GA) in the past five months and 13 more are expected, according to President, Jean Louis Baroux.

SITA won a five-year contract from Transaero (TRX) to provide its passenger management system, including reservations, ticketing, departure control service, revenue management, and airfare technology.

(TRX) will be a prime beneficiary of an end to the country's 20% customs duty on imported airplanes with 300 seat-plus 747-400s plus a batch of 777s. Russian regulators have drafted legislation to provide for the tax-free import of airplanes accommodating 50 to 300 passengers, which are in demand from domestic carriers, but this is still pending final approval.

December 2008: Russia's treasury is set to provide RUB30 billion/$1.08 billion in soft loans to the air transport industry to help it through the current credit squeeze. Last month, the government established a state-backed dedicated relief facility to finance the working capital needs of a few major airlines. According to sources, the five carriers that transport more than >1 million passengers per year, with at least half on scheduled flights, are eligible to receive funds. The recipients identified to date by First Deputy Prime Minister Igor Shuvalov are Aeroflot (ARO), newly formed Rosavia ((AXX)/(SDM)/(ZXD)), and Transaero (TRX), a private operator of Russia's largest long-haul fleet. KD avia (KGD) Director Business Development, Mikhail Baskov said that his airline also is on the list given its role in serving the Kaliningrad exclave. "We firmly count on receiving up to RUB4 billion at an affordable interest rate," he said.

Rosavia, the successor to the defunct KrasAir (ZXD)-led AiRUnion alliance, has applied for RUB5 billion to carry it through its formation and allow it to maintain operability and meet growth rate targets in 2009.

The government made a decision in principle to subsidize carriers that provide domestic air services to remote regions, with particular recipients still to be selected. At the same time, civil aviation agency, Rosaviatsiya plans to tighten supervision over airlines' financial and operational performance. "We'll request them to report results before each summer and winter season," Deputy Chief, Vladimir Chertok said. "If results worsen grossly, we'll consider suspending or annulling air licenses."

Transaero (TRX) took delivery of the second of 10 Tu-214s it will lease from Financial Lease Company under a 2005 contract. The airplanes will seat eight in business class (C), and 186 in economy (Y), and will enter service early next year on medium-haul flights to Spain, Egypt, United Arab Emirates, and Uzbekistan. The first (PS-90A)-powered airplane entered the fleet in April 2007. Transaero (TRX) General Director, Olga Pleshakova said she hoped the Russian government "will consider increasing the federal budgetary compensation for lease payments paid on new Russian-built airplanes up to 75%." Transaero (TRX) also operates 11 747s, two 777s, 11 767s, and 15 737s.

January 2009: Transaero (TRX) launched twice-weekly, Moscow Domodedovo - Krasnoyarsk service using Tu-214s and 737s.

2nd Tu-214 delivery (1st was delivered in April 2007). Will be operated from its Moscow Domodedovo International Airport (DME) base for flights to Egypt, Spain, the United Arab Emirates (UAE) and Uzbekistan. Has signed contract for 10 Tu-214s from Financial Leasing Company (FLC), but major delays in the assembly of the airframes may delay final orders.

February 2009: Russia's Federal Anti-monopoly Service (FAS) is intent on abolishing overflight fees charged to foreign airlines, which traditionally benefit Aeroflot (ARO). (FAS) Director, Igor Artemyev told reporters that his agency has prepared a relevant draft decree to be submitted for government approval shortly. Since the late 1970s, foreign operators have been paying pro-rate charges for transiting airspace over Siberia on routes between Europe or North America and Asia. Under this practice, Aeroflot (ARO) receives substantial additional revenue, which industry experts estimate at $200 to $400 million per year. "We don't mean to harm Aeroflot (ARO) in any way, but that system of imposing feudal royalties is an absurdity and should be eliminated," Artemyev said.

Discussing the matter with Russian counterparts in 2005, European aviation authorities claimed that payments for rights to fly on trans-siberian routes cost (EU)-based carriers more than >�250 million annually. Founders of newly formed aviation holding, Rosavia also are lobbying against overflight charges, citing the advantage gained by Aeroflot (ARO), which Rosavia is designed to rival. The Transport Ministry, however, is opposed to scrapping the charges in the short term. Minister, Igor Levitin told reporters that the fees should remain in place at least until after 2014, when Russia will host the Winter Olympics in Sochi.

March 2009: Transaero Airlines (TRX) launched twice-weekly, Moscow Domodedovo (DME) - Magadan service aboard a Tu-214. (DME) - Kazan flights begin March 30.

SEE ATTACHED - - "TRX-MAR09-A/B/C/D/E/F."

April 2009: Transaero (TRX) launched daily, Moscow Domodedovo - Kazan service aboard a 737.

May 2009: Transaero (TRX) 737-824 (27980, EI-EDZ - - SEE PHOTO - - "TRX-737-824-MAY09"), ex-Continental Airlines (CAL), delivery.

June 2009: Transaero (TRX) took delivery of two (CFM56-7)-powered, 176-seat, 737-885s (27980, EI-EDZ; 27989, EI-EEA), Babcock (BBB) leased. It now flies 17 737s.

July 2009: Transaero Airlines (TRX) reported a +RUB109.4 million/+$3.5 million profit in 2008, a +7% increase over the prior year, on a +82.4% surge in revenue to RUB37.4 billion. Passenger numbers rose +50% to 4.9 million, boosting its market share by +3.6 points to 14.3%. Traffic was up +49% to 17.5 billion (RPK)s. (TRX) said it is "following through with its ambitious domestic route network expansion plans."

(TRX) launched Moscow Domodedovo service to Omsk (six-times-weekly) and Krasnodar (twice-weekly) aboard 737s.

August 2009: Transaero Airlines (TRX) said it was Russia's second-largest airline in terms of passengers and (RPK)s traffic in the first half of 2009, citing data released by the Russian Federal Air Transport Agency. (TRX) transported 2 million passengers during the semester, down -5.6% year-over-year, and flew 7.6 billion (RPK)s, a -4.8% decrease. Load factor averaged 80% LF. Domestic enplanements surged +56.4% and (RPK)s were up +76.7%.

September 2009: 767-3P6ER (26237), returned to CapaBlue and leased to Royal Falcon as (JY-JRD).

October 2009: Transaero Airlines (TRX) flew 2 billion (RPK)s traffic in September, a +12.2% increase year-over-year, while passenger numbers climbed +4% to 595,000.

(TRX) said it raised RUB3 billion/$102.5 million through the issue of a corporate bond.

(TRX) has continued its domestic growth introducing three times weekly rotation from Moscow Domodedovo (DME) to Novyy Urengoy from November 30, a twice weekly service to Ulan Ude from December 3, and five times weekly link to Magnitogorsk - - SEE ATTACHED "AIRLINER WORLD" ARTICLE - - "TRX-2010-02-DME PARALLEL RUNWAY.".

(TRX) announced that it has become the first full-service Russian airline to adopt fully the use of e-ticketing for all flights. In 2009, 95% of all its tickets have been electronic.

(TRX) took delivery of its third Tu-214 (42305018, RA-64518, 2009-10 - - SEE PHOTO - - "TRX-TU-214 2009-10"). The airplane is part of a contract between (TRX) and the Financial Leasing Company for 10 of the type signed in 2005. While it has delayed the delivery schedule for the airplane, (TRX) remains "strongly committed to this contract," CEO, Olga Pleshakova said. "We never had any complaints about the reliability of these airplanes."

December 2009: Transaero Airlines (TRX) launched flights from Moscow Domodedovo to Novy Urengoi (thrice-weekly aboard 737s), Ulan Ude (twice-weekly aboard a Tu-214) and Magnitogorsk (five-times-weekly using 737s). Half of Transaero (TRX)'s 24 domestic routes were launched in 2009.

(TRX) is discussing increasing its cooperation with the Star (SAL) Alliance (it currently code shares with Austrian Airlines (AUL) and bmi (BMA)) and would consider full membership, although Director General, Olga Pleshakova said this currently is "not the top priority," Vienna's "Der Standard" reported. (TRX) is the most obvious Russian target for the (SAL) alliance, since Aeroflot (ARO) is a member of the SkyTeam (STM) alliance and S7 Airlines (SBR) is set to join the Oneworld (ONW) alliance. Pleshakova claimed (TRX) has weathered the downturn more effectively than its rivals. While passenger numbers have dropped -12% during the recession, the carrier reported a -1.4% year-over-year growth in passengers during the first 11 months of 2009 to 4.7 million. Traffic measured in (RPK)s climbed +4.4% and surged +70.7% on domestic routes. It flew 1.67 billion total (RPK)s in November, up +23.6% year-over-year, while passenger numbers soared +26.9% to 381,000, it said. It operates 24 domestic routes, half of which were launched this year.

Moscow Domodedovo airport (DME) announced that "in accordance to (ICAO) Standards and Recommended Practices," it now is capable of operating simultaneous departures from its parallel runways spaced 2 km apart. (DME) said this will "ensure future increased capacity" up to 90 movements per hour. (DME) is Russia's largest airport in terms of passenger traffic, with a 45% share of passenger volume. It is served by 80 airlines.

January 2010: Transaero Airlines (TRX) said it concluded a "stable" 2009 with a +3.6% increase in passenger numbers to 5 million and a +6.7% lift in traffic (RPK)s to 18.73 billion. Freight traffic (FTK)s rose +8.6%. It launched 12 domestic routes from Moscow Domodedovo and added seven airplanes: One 777, one 747-300, two 737-800s, two 737-500s, and one Tu-214. It decommissioned two 747-200s and now flies 47 airplanes.

February 2010: Transaero Airlines (TRX), which operates 14 weekly code share flights with Austrian Airlines (AUL) on the Moscow Domodedovo (DME) - Vienna route, is concerned about the Russian Ministry of Transport's decision to question (AUL)'s nationality. The government is arguing that, based on current bilateral agreements between Russia and Austria, (AUL) is no longer considered a domestic airline following its acquisition by Lufthansa (DLH). It currently flies to Russia on temporary traffic rights. "We hope that this situation would soon come to a successful and reasonable end," a Transaero (TRX) spokesperson said, noting that (AUL) "is one of the oldest carriers flying to Russia" and that other European airlines that have been acquired by carriers in other countries "don't seem to face the same troubles." (TRX) code shares with bmi (BMA) on the (DME) - London Heathrow route.

It dismissed the prospect that it could take over Austrian (AUL)'s flights in the event (AUL) loses traffic rights. "At this current moment, we don't even consider this possibility. We still hope this story will have a happy end," the spokesperson said. (AUL) operates 48 weekly flights to/from six Russian destinations, including a thrice-daily, (VIE) - (DME) service. Lufthansa (DLH) stressed that the dispute is a matter between the Austrian and Russian governments and that "all subsidiaries are managed independently," according to Director Corporate Communications Europe, Aage Dunhaupt. He confirmed that (AUL) conforms to the "now common procedure in the (EU), and like Air France (AFA)/(KLM), extra-(EU) traffic rights of each of the carriers we acquired are safeguarded in a national foundation. We did this with Swiss (CSR), with bmi (BMA), with Austrian (AUL)." Such a setup is not currently required for Brussels Airlines (DAT)/(EBA), in which (DLH) controls only 45%.

March 2010: The Russian government set aside RUB2.5 billion/$84.3 million to subsidize 11 airlines to carry passengers to/from the country's far east from April 1 to October 31, an official told "ITAR-TASS." Aeroflot (ARO), Transaero Airlines (TRX) and S7 Airlines (SBR) are among the group.

Transaero Airlines (TRX) said it plans to begin service from Moscow Domodedovo to Beijing (twice-weekly on June 4 aboard a 747-400), Yakutsk (June 24) and Kostanay, and from St Petersburg to Vladivostok (May 21), Khabarovsk (May 22), Yuzhno-Sakhalinsk (May 23), and Petropavlovsk-Kamchatsky (May 24).

April 2010: Transaero Airlines (TRX)'s board approved the acquisition of five 777-200s and nine 747-400s as part of its ongoing fleet development and modernization program. Deliveries will start in May and continue throughout the year. The wide bodies will be purchased through financial leases, adding that it concluded an agreement with Japanese trading company JALUX for the 747-400s in a deal worth $252 million. The 747-400s previously were operated by Japan Airlines (JAL) and will replace Transaero (TRX)'s 747-200s and 747-300s. They will be operated mainly on international routes.

Financial details of the 777 agreement could not yet be released in accordance with Russian regulations but are expected to be disclosed next month, the spokesperson said. All of the 777s previously were operated by Singapore Airlines (SIA) and will be used by (TRX) for operations on both international and domestic routes, primarily to destinations in the Far East.

(TRX) has said it plans to begin weekly flights from Moscow Domodedovo Airport to Miami International Airport in October with 767-300 airplanes and twice weekly service to New York (JFK) Airport in December with 747-400s. Additionally, it applied for authorization to operate charter flights between Russia and the USA.

1 747-4F6 (28959, VQ-VHW), Babcock (BBB) leased, ex-South African Airways (SAA), ex-(ZS-SBK). 1 777-212ER (28998, EI-UNU), ex-Singapore Airlines (SIA), ex-(9V-SRB).

July 2010: Transaero Airlines (TRX) will inaugurate four-times-weekly flights from Moscow Domodedovo (DME) to New York (JFK) on October 29 aboard a 747-400 in a three-class configuration offering business (C), premium economy and economy (Y) seating. It will commence a weekly, (DME) - Miami service October 30 aboard a 777 in a four-class configuration. It will be the only airline operating direct flights between Moscow and Miami.

August 2010: Transaero Airlines (TRX) said it achieved �significant growth across all areas" in the 2010 first half, "demonstrating the continued successful execution of its strategy and the sustainable development of its business". Traffic (RPK)s rose +50.1% over the year-ago period to 11.38 billion, while passengers carried heightened +42.4% year-on-year to 2.78 million.

(TRX) announced the launch of a weekly service between Moscow and Hong Kong using a 777 configured for business (C), premium economy (PE) and economy (Y) passengers. (TRX) in the fall will launch service from Moscow Domodedovo to Rostov-on-Don (five-times-weekly), Donetsk (daily) and Riga (twice-weekly). All three new routes will be aboard 737-500 airplanes in a three-class layout including business (C), premium economy (PY), and economy (Y).

767-319ER (29388, EI-UNC), ex-(N381LF), (ILF) leased, and 777-222ER (28714, EI-UNV), ex-(N205UA), deliveries.

September 2010: Transaero Airlines (TRX) will launch weekly, Moscow Domodedovo � Rio de Janeiro service on January 3 on board a 747-400 with a first (F), business (C) and economy (Y) class cabin.

(TRX) took delivery of its seventh 777, lifting its fleet to 55 airplanes comprising 12 747s, seven 777s, 12 767s, 21 737s and three Tu-214s. (TRX) in the spring signed contracts for the acquisition of five 777-200s previously operated by Singapore Airlines (SIA) and nine ex-Japan Airlines (JAL) 747-400s as part of its ongoing fleet development and modernization program. All five 777s have been delivered. (TRX) is using them for operations on both international and domestic routes, primarily to destinations in the Far East.

777-212ER (28514, EI-UNS), ex-(9V-SRD), ex-Singapore Airlines (SIA).

November 2010: Transaero Airlines (TRX) launched thrice-weekly, Moscow Domodedovo - New York (JFK) service using a 747-400 as well as twice-weekly service from Moscow to Miami.

December 2010: Transaero Airlines (TRX) is planning to purchase four more 777s that are operated by Singapore Airlines (SIA) and come off lease in 2011 and is increasing its commitment from nine to 12 747-400s. The (SIA) 777-300s, which will become the first of the type to join (TRX)'s fleet, will accommodate up to 373 passengers in a four-class configuration. They will be used on domestic and international routes. In April, (TRX) signed contracts for the acquisition of five 777-200ERs, four of which were previously operated by (SIA) and nine ex-Japan Airlines (JAL) 747-400s as part of its ongoing fleet development and modernization program. All five 777-200s have been delivered and the first ex-(JAL) 747-400 arrived this month. It is configured in two classes, with 12 seats in business (C) and 509 in economy (Y). The airplanes will be operated on high-capacity routes to leisure destinations.

(TRX) will add 11 747-400s configured with 521 seats in 2011 and 2012. They will be integrated into its fleet on financial leasing contracts. �As we are phasing out our [four] 747-200s and we notice increasing demand on leisure destinations, we see the need for more 747-400s [compared to April] in this configuration,� the spokesperson said. Its other 747-400s offer a three-class configuration � first (F), business (C) and economy (Y) � with a much lower seat density of 352 seats.

Transaero (TRX)�s fleet now comprises 59 airplanes, including 14 747s, eight 777s, 12 767s, 22 737s and three Tupolev TU-214s. (TRX) is the only carrier in Russia and the (CIS) that operates 777 and 747 passenger airplanes.

(TRX) is rapidly growing. Traffic for the first three quarters of 2010 increased +40.2% year-over-year to 21.54 billion (RPK)s, while the number of passengers carried rose +32.2% to 5.6 million. It currently serves more than >100 routes in Russia, Europe, Asia, Africa, and North & South America and added 18 new routes so far this winter schedule. It will launch a weekly, Moscow Domodedovo - Rio de Janeiro flights in January.

Moscow Domodedovo Airport (DME)'s operator, the Eastline Group, has outlined a plan for further infrastructure improvements to expand its throughput capacity. Airport director, Vyacheslav Nekrasov says Eastline has earmarked Rb97 billion/$3.2 billion for building a new passenger terminal with a dedicated pier and parking garage by 2015. "The completed vision of the facility is designed to process up to 36 million passengers a year," he says, expecting (DME)'s throughput to grow +20% to 22.4 million this year.

Construction work is to be funded from Eastline's internal resources and through co-financing arrangements with the interested parties. The airport development program also envisages building an underground rail station, to switch from an above-ground station, and a third runway. Eastline is discussing options to finance these projects with the high-speed rail operator Aeroexpress and Russian transportation ministry respectively. "In each case, the initial drafting and cost evaluation have been done," says Nekrasov. "We hope both projects will be completed prior to the new terminal."

January 2011: An explosion that occurred at Moscow Domodedovo Airport (DME) around 4:30 pm local time is believed to have killed at least 35 people and injured dozens of others. Russian President, Dmitry Medvedev said in televised remarks that evidence points to "a terror attack" at Russia's busiest airport, while USA President, Barack Obama condemned what he called an "outrageous act of terrorism." The blast detonated inside (DME)'s international arrivals hall, reportedly just outside customs clearance, where crowds were gathered awaiting arriving passengers who had claimed bags from flights arriving from around the world. Medvedev said he was forming a "task force" to immediately begin investigating "while the trail is still warm." He said a "special [security] regime" would be put in place at all Russian airports and other "large transport facilities," but did not specify details.

Even as first responders tended to the dead and wounded in the smoky (DME) arrivals hall, there appeared to be consensus that the explosion was caused by terrorism. Russian media widely reported that a suicide bomber was responsible, saying the explosion emitted shrapnel that added to the carnage.

President Obama issued a statement in which he described the explosion as a "premeditated attack against innocent civilians." (UN) Secretary General, Ban Ki-moon called it a "deplorable and unjustifiable act of violence against innocents." French President, Nicholas Sarkozy said it was a "barbaric and cowardly terrorist act." The blast appears to be the second major act of terrorism in the Moscow region in less than a year; the city's subway system was attacked last March by suicide bombings that left 40 dead.

It is unclear how airport security worldwide will be affected by the (DME) explosion, which occurred in a crowded area of the airport that can be accessed without passing through a security checkpoint. Minneapolis-St Paul International announced that it was increasing the police presence around the airport, particularly on the curbs outside its terminals and at the airport perimeter; it said it had not been asked to do so by the USA government.

February 2011: AirBaltic (BAU) reached a code share agreement with Transaero (TRX) under which it will offer connections via Moscow Domodedovo to destinations in Russia, Central Asia, and the Far East.

April 2011: TransAero Airlines (TRX) has launched new English and German language web-sites http://www.transaero.us and http://www.transaero.de. American and German passengers choosing to travel with (TRX) can now purchase airfares on-line in local currencies without exchange commissions or additional bank fees. (TRX) plans to launch localized versions of its site with local currency ticketing options in Great Britain, Kazakhstan, and the Ukraine.

May 2011: Transaero (TRX), the biggest operator of widebody airplanes in Russia, took delivery of its 15th 747, a two-class, 747-400 series.

August 2011: Transaero Airlines (TRX) reported a net profit of "RUB 114 million/+$3.98 million for the first half, up +6% on the year-ago period. Revenue jumped +31.4% to RUB32 billion supported by a �significant increase� in operational volumes, it said. (TRX) noted the growth rate of revenue was higher than the growth rate of passenger traffic, but did not provide data for (RPK)s, (ASK)s or enplanements.

Singapore Airlines (SIA) and TransAero Airlines (TRX) have reached a code share agreement under which (SIA)'s code will be placed on Transaero (TRX) flights from Moscow to Ekaterinburg, Novosibirsk, Samara, and St Petersburg. (TRX) will place its code on (SIA) flights from Moscow Domodedovo (DME) to Singapore and Houston Intercontinental, USA.

FL Technics performed cabin interior modification and reconfiguration services on two new 737-800LRs and cabin refurbishments services on Transaero Airlines (TRX) 737-300s.

Transaero Airlines (TRX) confirmed it signed a Memo of Understanding (MOU) with Airbus (EDS) for eight A320neos, plus four options, making it the first Russian carrier to commit to the re-engined narrow body airplane. (TRX) said it hopes to firm the (MOU) within 60 days; it is slated to take delivery of its first A320neo in 2017. (TRX) did not announce an engine selection between (CFM) International's (Leap-X) and Pratt & Whitney (P&W)'s (PW1100G).

"It was very important for (TRX) to become the first A320neo customer in Russia, the (CIS) and Eastern Europe," said CEO, Olga Pleshakova.

(TRX) historically is a loyal Boeing (TBC) customer and currently operates 65 airplanes, comprising 17 747s, eight 777s, 13 767s, 24 737s and three Tupolev TU-214s. (TRX) did operate an A310 from 2000 - 2002.

Last month, (TRX) added a further 747-412 (28031, N747NP). Its latest 747-412 is configured with three classes and has 12F seats in first, 50C seats in business class and 313Y in economy class. (TRX) said the airplane was previously operated by Singapore Airlines (SIA) and is part of an agreement to purchase another four 747-412s from (SIA).

Transaero Airlines (TRX) is analyzing possible orders for the A380 and/or the 747-8, CEO, Olga Pleshakova revealed at the (MAKS) Airshow in Russia. �In 2008, (TRX) received a commercial proposal from Airbus (EDS) on the A380,� she said. �Our team has studied it very carefully and we deem it to be quite interesting. Nevertheless, we�ll also consider the 747-8 as our choice. The final decision will be made closer to the date and it will be based upon deep research of commercial offers, the Russian aviation market situation and airport infrastructure development.�

The A380s/747-8s would be used to replace older 747s and expand (TRX)'s fleet from 2015 onward, Pleshakova said. (TRX) operates some former Japan Airlines (JAL) 747-400s with 522 seats. Pleshakova said, �Starting from 2015, we�ll phase out all our classic 747-300s. After 2020, most of our oldest 747-400s will be also taken out of operation. To both replace them and further develop our fleet, we plan to acquire additional extra-large airplanes within the period of 2015 - 2025.�

Pleshakova also said that (TRX) backs the idea, announced by the United Aircraft Corporation President, Mikhail Pogosyan, to launch a new Russian-built, long-haul wide body airplane. If �it become a success, (TRX) will think of acquiring those jetliners as well,� she said.

737-31S (29056, EI-DOH), delivery, 737-86J (36119, EI-UNK), Jackson Square leased, and 2 747-446s (27648, N920UN; 27650, N918UN), sold to Pembroke (PEB) and leased back.

October 2011: TransAero Airlines (TRX) launched daily, Moscow Domodedovo � Mineralnye Vody service on October 19.

(TRX) is expected to sign a memorandum of understanding (MOU) with Airbus (EDS) for A380s. If the (MOU) is signed, it would make (TRX) the first carrier in Russia and the (CIS) to order the A380. Deliveries are expected to start no earlier than 2015.

In August CEO, Olga Pleshakova revealed (TRX) was analyzing possible orders for the A380 and/or the Boeing 747-8I.

The A380s/747-8Is would be used to replace older 747s and expand (TRX)'s fleet from 2015 onward, Pleshakova said. She noted the final decision will �be based upon deep research of commercial offers, the Russian aviation market situation and airport infrastructure development.�

According to Russian media, Moscow Domodedovo (DME) airport is analyzing the installation of double-deck passenger boarding bridges for A380 use. (TRX) would deploy the A380 from (DME), but reportedly Emirates (EAD) has also indicated interest in operating the A380 to (DME).

In August, (TRX) signed an (MOU) with (EDS) to buy eight A320neos plus options on an additional four, making it the first A320neo customer in Russia, the (CIS) and Eastern Europe.

Privately held (TRX) is historically a loyal Boeing (TBC) customer and operates 70 airplanes, comprising 19 747s, eight 777s, 13 767s, 27 737s and three Tupolev Tu-214s. It operated an Airbus A310 from 2000 - 2002. It is the largest operator of wide bodies in Russia, (CIS), and Eastern Europe.

747-446 (27646, N922UN), ex-(JA8922) bought from Japan Airlines (JAL).

November 2011: Transaero Airlines (TRX) is to operate a new four times a week service to Vilnius, Lithuanian with 737s.

Passenger counts are up +28% through October.

(TRX) signed a memorandum of understanding (MOU) with Boeing (TBC) for four 747-8I Intercontinental airplanes, making it the first customer in Russia, the (CIS) and Eastern Europe for the passenger version of 747-8. The deal is valued at $1.32 billion at list prices. The first 747-8I will be delivered in 2016.

The 747-8I will feature a four-class cabin layout (first (F), business (C), premium economy (PY), and tourist (Y)) seating about 460 passengers, according to (TRX).

�In 2005, we became the first 747 operator in Russia, the (CIS) and Eastern Europe. Following our traditions, we chose the modern and efficient 747-8I Intercontinental,� Pleshakova said during the signing ceremony. AirBridge Cargo (ABC) is Russia�s first customer of 747-8F cargo version, which will receive its first airplane at the beginning of the next year.

(TRX) operates nearly 70 airplanes, including 747s, 777s, 767s, 737s and Tupolev Tu-214s. (TRX) specializes in long-haul flights on tourist destinations developing its route network both from Moscow in Saint Petersburg and also flies on the domestic long- and medium-haul routes from these cities.

TransAero (TRX) has indicated it is to become the second air carrier to offer high-density seating in the Airbus A380 after agreeing to take four A380s with around 700 seats in three classes, placing it second behind Reunion Island's Air Austral (AUX) who intend to have 840Y seats in an all-economy layout.

December 2011: Transaero Airlines (TRX) has accused Rosaviatsia (Russia�s Department of Aviation/Ministry of Transport) of restricting competition and supporting a monopoly after it said the regulator withdrew permission for (TRX) to operate charter flights from Moscow to Rome, Milan, and Venice in the winter season.

(TRX) claimed the aviation authorities withdrew permission under pressure from Aeroflot (ARO), which is a designated carrier on Russia to Italy routes. (TRX) had already begun selling tickets for these flights.

(TRX) has appealed the decision to the Transportation Ministry.

However, Rosaviatsia said that it did not give (TRX) permission to fly from Moscow to the Italian cities. According to Russian legislation, a Rosaviatsia special commission grants approval for charter flights. (TRX) said that at the end of October, the commission granted a license for the flights. Rosaviatsia Head, Alexander Neradko signed the official report and published it on the website in November.

(TRX) Deputy CEO, Dmitry Stolyarov said that, according to law, Rosaviatsia has three days following publication to notify (TRX) but failed to do so, which is the reason the regulator said it did not grant (TRX) official permission.

(ARO) and Alitalia (ALI), both SkyTeam (STM) Alliance members, operate scheduled flights between Moscow and Rome, Milan Malpensa (MXP) and Venice. Charter carriers are allowed to fly to Venice but do not have permission to fly to Rome and Milan. Two more carriers (S7 Airlines (SBR) and Italian WindJet (WJT)) fly between Moscow Domodedovo Airport (DME) and Bergamo Airport (BGY). (SBR) and (WJT) are competing with (ARO) and (ALI) on the (DME) - (MXP) route, and fly to (BGY), which is 40 km from (MXP).

Russia and Ukraine will remove restrictions for the number of carriers and number of flights on the Moscow (DME) - Odessa (ODS) route, effective with the 2012 summer schedule. Currently, only two designated carriers (Transaero (TRX) and AeroSvit (UKA)) are allowed to fly between these cities. Aeroflot (ARO) is a (UKA) marketing partner on this route.

The new rules will weaken (TRX)�s position on the (DME) - (ODS) route as more carriers are allowed to fly to (ODS), the third biggest city in Ukraine. There is a high demand for (ODS) service but the limited number of carriers keeps fares high.

The restrictions imposed by bilateral agreements between Russia and other countries have been widely criticized by most Russian carriers, which claim free access of international routes is restricted, as (ARO) and (TRX) dominate most routes.

(TRX) Deputy CEO, Dmitry Stolyarov said (TRX) welcomes further liberalization on international routes but it is not clear why Russian authorities began with the (DME) - (ODS) route instead of, for example, (DME) - Paris, where only SkyTeam (STM) Alliance members (ARO) and AirFrance (AFA) are allowed to fly.

Baltic Ground Services was awarded a contract from Transaero (TRX) to provide passenger and airplane handling services, ticketing and fueling services at the Vilnius Airport. It will service (TRX)�s 737-500, used to operate the 4X-weekly, Moscow - Vilnius route.

Transaero (TRX) has confirmed an order for eight A320neos following a Memo of Understanding (MOU) signed in August. The first delivery is scheduled for 2017. (TRX) has not yet announced an engine selection between (CFM) International's (Leap-X) and (Pratt & Whitney's) (PW1100G).

(TRX) will become the first operator of this airplane type in Russia and the (CIS) region. It is planning to operate the airplanes on its extended medium-haul network of domestic and international routes. Since its start in 1991, (TRX) has mostly used a Boeing fleet. (TRX) operates 75 airplanes, including 747s, 777s, 767s and 737s, as well as a Tupolev Tu-214.

At the end of October, (TRX) signed a (MOU) with Airbus (EDS) for four A380s.

(TRX) appeased Boeing (TBC) somewhat with an order of 4 787s to replace its 767s on both domestic and international routes. The 787s will be configured with 4F, 14C, and 244Y.

(TRX) now operates one of its ex-Continental Airlines (CAL) 737-500s for a VIP division called �Imperial.�

January 2012: The Air Transport World (ATW) magazine selected TransAero Airlines (TRX) to receive the "2012 Airline Market Leadership" award. The editors recognized (TRX)'s sustained growth to become Russia's second largest carrier. Its market share is quickly closing in on that held by the country's national airline, Aeroflot (ARO). The editors noted that (TRX) increased its traffic in (RPK)s by 30 times and passenger numbers by 15 times between 2001 and 2011 and that its traffic performance this year once again has outpaced the Russian airline industry as a whole.

(TRX) carried 8.453 million passengers in 2011, up +27.2% compared to 2010. Traffic (RPK)s increased to 33,180 million, up +26.2% over 2010.

(TRX) opened 22 routes from Sheremetyevo (SVO) and Domodedovo (DME) airports and Pulkovo (LED) in St Petersburg. It launched 23 flights from regional airports in Ekaterinburg, Kazan, Krasnoyarsk, Novosibirsk, Perm, Rostov-on-Don, Samara, and Ufa. Domestic boardings rose +30% and international boardings increased +26.8%.

Transaero (TRX) has introduced new services from its Domodedovo hub:
Ekaterinburg - Sharm el Sheikh: 3x weekly Tu-214 service has resumed on November 1;
Moscow Domodedovo - Abu Dhabi: 2x weekly 737-800 service has started on December 30;
Moscow Domodedovo - Kuala Lumpur International: weekly 777-200 service has started on December 30;
Moscow Domodedovo - Mah�: seasonal 777-200 service operating every 10 days starting on January 2;
Moscow Domodedovo - Mineralnye Vody: daily 737-500 service has started on October 19;
Moscow Domodedovo - Vilnius: 4x weekly 737-500 service has started on December 1;
St Petersburg - Tokyo Narita: weekly seasonal 767-300ER service resuming on June 21 and operating until September 28.

Russian aviation authorities have postponed implementing new regulations requiring all Russian airplanes with a maximum takeoff weight of more than >5,700 kilos to be equipped with a Traffic Collision Avoidance System (TCAS) and an Enhanced Ground Proximity Warning System (EGPWS). The new rules, which were to take effect January 1, were delayed because Russian Prime Minister, Vladimir Putin said during his December trip to the Russian Far East that carriers were not prepared for it.

Airline experts say that regional carriers will suffer the most from the new regulations because the cost of the new equipment, including installation, is estimated to be RUR 6 - 10 million/$192,000 - $320,000) per airplane. It is not profitable to install it on old Tupolev Tu-134s and Antonov An-24s, the base of most Russian regional airlines� fleet. Some carriers have announced plans to significantly reduce their Soviet-built fleets.

At the end of 2011, authorities changed the minimum requirements to receive an Air Operator�s Certificate (AOC) from 10 to eight airplanes with more than >55 seats, although there is still a possibility the minimum will increase to 20 airplanes. Local authorities believe this measure should improve aviation safety.

AirFrance Industries (AFI)/(KLM) (E&M) has completed maintenance checks, repainting and modifications on two 737-800s under a contract from Air Lease Corporation (ALE). The airplanes have been delivered to new lessees, Caribbean Airlines (TTA) and Transaero Airlines (TRX).

As part of (TRX)�s 2011 fleet modernization program, it grounded all 747-200s and added 17 new airplanes, comprising two 777-300s, one 777-200, seven 747-400s and seven 737s.

In 2011, (TRX) committed to four 747-8s.

737-861 (30498, EI-RUA), (VEBL) leased, ex-(D-ABAJ) and 777-312 (28534, EI-UNM), ex-Singapore Airlines (SIA), ex-(9V-SYD), (VEBL) leased.

February 2012: Transaero Airlines (TRX) will reinstate 2X-weekly, 777 Moscow (DME) � Los Angeles (LAX) flights from April 29, after 10 years. This is (TRX)�s third USA destination.

February 2012: The Russian and Italian aviation authorities have agreed to amend their bilateral agreement, adding one more designated carrier from Russia and Italy on the Moscow - Rome (FCO) and Moscow - Milan (MXP) routes. Until now, only two carriers, Russian Aeroflot (ARO) and Alitalia (ALI, could fly between these destinations.

According to industry experts, authorities have agreed to add 21 frequencies a week from each country on both routes. The final document has not yet been signed but final approval is expected soon.

Russian Transaero Airline (TRX) tried last year to launch charter flights from Moscow Domodedovo (DME) to (FCO) and (MXP) for the New Year�s holiday but Russian aviation authorities withdrew permission and (TRX) had to operate the flights to the closest cities to (FCO) and (MXP). (TRX) has brought legal action against the authorities.

(TRX) will transfer some flights from Moscow Domodedovo (DME) to Vnukovo (VKO) because (DME) cannot keep up with (TRX)�s rapid expansion, (CEO), Olga Pleshakova said.

Pleshakova and (VKO) Board Chairman, Vitaly Vancev were expected to sign a memorandum of strategic partnership detailing the cooperation. The 10-year agreement will see (TRX) eventually handle up to 2 million passengers annually at the airport. (TRX)�s route network from (VKO) is under discussion. Operations are expected to start in May.

�Domodedovo (DME)�s development rates are slower than Transaero (TRX)�s and they restrain our own expansion especially of our 777 and 747 operations,� Pleshakova said. �(DME) remains our main base.� (TRX) also operates from Sheremetyevo and will fly from three airports in Moscow.

She said (VKO) has a �new state-of-the-art terminal with a large capacity and management is forthcoming in meeting our needs, in terms of airline operations and providing the ground service for our passengers.�

(TRX) confirmed that (VKO) is providing (TRX) with �very good� financial terms for the cooperation and the airport is �even willing to accommodate the 747-8 and A380 when they will be delivered to us. In addition, Vnukovo (VKO) is also ready to allow us to do our own A checks and other maintenance on our 777s and 747s so that we won�t need to fly to the city of Ulyanovsk for Maintenance Repair & Overhaul (MRO) on these airplanes like we do now.�

Pleshakova admitted that �operating from three Moscow airports means additional costs for us, but we have a deep expertise in performing flights from different airports. �(TRX) also operates from Pulkovo airport in St Petersburg and from another nine regional airports in Russia.

Russian airlines carried 64.1 million passengers in 2011, a +12.6% increase over 2010. International passengers rose +13.2% to 31.4 million; domestic passengers increased +12% to 32.7 million.

Aeroflot (SU) carried the most passengers, at 14.2 million, up +25.6%. Transaero Airlines (TRX) carried 8.5 million passengers, up +27.2% year-over-year. UTair (TYU) reported 5.8 million passengers carried, up +31.3%. S7 (SBR) Group, which includes Sibir (SBR) and Globus (GLP), carried 6.6 million passengers in 2011, up +11.4%. Rossiya Airlines (SDM), which will soon be part of the (ARO) group, carried 3.5 million passengers. The overall share of the market�s five biggest airlines increased from 53.1% to 57.9%.

Despite stable growth and positive passenger numbers in the Russian market, experts say the overall airline economy in Russia deteriorated in 2011. Load factor decreased one point to 77.2% LF. Load factor on international routes fell -0.7 point to 81.1% LF.

The number of Russian carriers decreased from nearly 160 to 126. In 2011, Russian aviation authorities withdrew 37 air operators� certificates (AOC), including Avianova (ANV) and Sky Express (SEX).

Transaero Airlines (TRX) is close to inking a deal with Sukhoi Civil Aircraft Company (SSJ) for a firm order of six Sukhoi SSJ100s plus 10 options, (CEO) Olga Pleshakova said. The first two will be delivered in 2015, two in 2016 and the remaining two in 2017. She said (TRX) will operate the airplanes in a two-class layout, with a business (C)- and an economy (Y)-class cabin, on short-haul domestic routes with a high frequency from its hub at St Petersburg�s Pulkovo airport and in the Russian Far East.

(TRX) in 2009 considered ordering SSJs to substitute its much-delayed outstanding order for 10 Tupolev Tu-214s, which it placed in 2005. (TRX) took delivery of its third Tu-214 in September 2009. Production of the Tu-214 has been stopped since, and (TRX) had hoped to reach an agreement with Financial Leasing Company for them to take the three Tu-214s back and swap them with SSJs.

�We considered substituting our order on the Tupolev-214s into SSJs but left the idea. By 2015 we�ll conclude our lease payments on the Tu-214s and will own them. The Sukhoi Superjet is a different deal,� Pleshakova said.

(TRX) carried 8.5 million passengers in 2011, up +27.2% on 2010, and launched 45 new routes.

As part of its continuous fleet renewal program and to support growth, (TRX) placed orders for four A380s, four 747-8I Intercontinental airplanes, four 787s and eight A320neos. Deliveries of the A380s will start from the fourth quarter of 2015.

March 2012: Transaero Airline (TRX) will outfit its first 777 with in-flight Internet and launch flights in April. According to (CEO), Olga Pleshakova, (TRX) will equip 38 out of its 75 airplanes with the new technology, at a cost of about $30 million. (TRX) did not disclose the name of the supplier.

Pleshakova said (TRX) will renovate the cabins to increase the number of seats in the economy (Y) classes to cope with the increased fuel prices. (TRX) will raise the funds for the renovation on the open market. Earlier this month (TRX) announced it was issuing a RUB2.5 billion/$85.8 million bond. (TRX) also issued the bonds in 2006 and 2009.

(TRX), the second largest Russian carrier, carried 8.4 million passengers in 2011, a +27.2% increase compared to 2010. (TRX) operates 19 747s, 12 777s, 13 767s, 28 737s and three Tupolev Tu-214s.

(TRX) launched a new service between the capitals of Russia and Armenia on 29 February. From its Moscow Domodedovo (DME) hub, (TRX) now flies four times weekly (on Tuesdays, Wednesdays, Fridays and Saturdays) with its 101-seat 737-500 airplanes to Yerevan (EVN). However, from the start of the summer scheduling season, frequencies increase to daily. Direct competition comes from S7�s twice-daily and Armavia (ARZ)�s daily flights, but there is also indirect competition for Transaero at Moscow Sheremetyevo from Aeroflot (ARO)�s thrice-daily operations and at Moscow Vnukovo from (ARZ)�s additional twice-daily operations.

Russia�s Ministry of Transport is aiming to liberalize the country's international airline market by establishing a new system for choosing which carriers will operate on international routes.

According to Russian authorities, carriers will now have to possess an (IATA) Operational Safety Audit (IOSA) certificate, incur no tax debt and demonstrate a high level of flight regularity.

Transaero Airlines (TRX) last year accused the Ministry of Transport of restricting competition and supporting a monopoly. (TRX) said the regulator withdrew permission for (TRX) to operate charter flights from Moscow to Rome, Milan and Venice in the winter season. (TRX) claimed the ministry withdrew permission under pressure from Aeroflot (ARO), which is a designated carrier on Russia-to-Italy routes.

The ministry wants to establish a commission to adopt the new criteria, which will be measured using a points system. For example, a carrier will receive the most points if it eliminates safety defects. In addition, a carrier will have an advantage if it operates new Russian-built airplanes (such as the Sukhoi Superjet SSJ100, Antonov An-148 or the Tupolev Tu-204.

UTair (TYU)), Russia�s third largest airline, sent a letter to the Russian Association of Air Transport Operators stating the new points system and criteria will not create a transparent environment for competition. (TYU) said that authorities will violate antitrust laws if advantages are given to operators of new Russian airplanes.

April 2012: Transaero Airlines (TRX) reported first-quarter net income of +RUB15 million/+$508,000, reversed from a net loss of -RUB381 million/-$12.9 million in the year-ago period. The airline said the results were due to more efficient airplanes that were added last year and higher fleet utilization level.

Revenue rose +26% to RUB17.5 billion/$592.78 million.

Traffic rose +38% to 1.77 million passengers, (RPK)s increased +28% to 8.5 billion.

(TRX), Russia�s second largest carrier, has a fleet of 77 airplanes, comprising 19 747s, 13 777s, 14 767s, 28 737s and three Tupolev Tu-214s. It is the only carrier in the country that operates 747s.

Russian and French aviation authorities have agreed to designate a second airline from each country to operate 7X-weekly services on the Paris Orly (ORY) - Moscow route.

According to Russia�s Kommersant newspaper, France may choose French Aigle Azur (AZU) as the second designated carrier for (ORY) - Moscow service; in Russia, S7 Airlines (SBR) and Transaero (TRX) will compete for the new routes.

Over the past several years, industry experts have warned that Russia�s Aeroflot (ARO) and AirFrance (AFA) have monopolized the high-demand Moscow to Paris route. The carriers, which are both SkyTeam (STM) Alliance members, have a code share agreement.

Earlier this year, airlines lobbied for the same changes to the Russia - Italy bilateral agreement.

The Russian Commission of the Federal Antimonopoly Service (FAS) said that the Federal Air Transport Agency Rosaviatsia violated competition law when it withdrew Transaero�s (TRX) permission to operate charter service from Moscow (DME) to Rome (FCO), Milan (MXP) and Venice (VCE), according to a statement on the (FAS) website.

In October 2011, Rosaviatsia approved (TRX) to fly from (DME) to three Italian cities during the New Year holidays but later aviation authorities reversed this decision though the carrier had already started to sell tickets.

Rosaviatsia said it will litigate the decision as soon as it gets the official statement from (FAS). A representative said that (FAS) made a decision without taking into consideration the Russian-Italian bilateral agreement conditions. (TRX) did not comment on the statements.

At the end of February, Russia and Italy amended their bilateral agreement and to add more designated carriers on Moscow - (FCO) and Moscow - (MXP) routes. A decision on which Russian carriers can operate the Italian routes will be made April 25.

Transaero Airlines (TRX) has placed a firm order for four 787-8s. The previously announced order, valued at $744 million at list prices, was signed on board the 787 during a demonstration flight for (TRX)�s executives, employees and special guests.

(TRX) Chairman, Alexander Pleshakov said the 787s will operate on (TRX)�s domestic and international routes. "Our history with Boeing (TBC) goes back to 1993 when (TRX) became the first airline in Russia to fly with Boeing airplanes," he said.

Boeing (TBC) said that 59 customers have ordered more than >850 787s.

�Russia played an important role in creating this revolutionary airplane. Engineers from the Moscow Boeing Design Center participated in designing a number of key sections of the 787. Russian manufacturer (VSMPO)-(AVISMA) supplies titanium parts for the 787 Dreamliner.�

May 2012: Russia�s Transaero Airline (TRX) has received permission to operate scheduled flights from Moscow and St Petersburg (LED) to Rome (FCO) and Milan (MXP), becoming the second Russian carrier, after Aeroflot (ARO), on these routes.

According to the Russian Federal Air Transport Agency Rosaviatsia, (TRX) was approved for seven weekly frequencies from Moscow to each of these Italian cities, though the carrier asked for 14 weekly frequencies. (TERX) will fly from (LED) to (MXP) and (FCO) three times a week, though it asked for daily flights. (TRX) representatives gave no timetable for the launch, pending confirmation from the regulator.

In February, Russian and Italian aviation authorities amended the bilateral agreement adding one more designated carrier from each country on the Moscow - (FCO) and Moscow - (MXP) routes. Until the beginning of the year, only two carriers (Russia�s (ARO) and Italy�s Alitalia (ALI) could fly between these destinations. According to industry experts, nearly 10 Russian airlines applied for the rights for these destinations.

Last year, (TRX) tried to launch charter flights from Moscow to (FCO) and (MXP) during the New Year holidays but the regulator withdrew permission. Last month, the Russian Commission of the Federal Antimonopoly Service (FAS) said Rosaviatsia violated competition law.

Later, (TRX) was assigned traffic rights to be allowed to launch up to daily services from Moscow Domodedovo International (DME) to Milan Malpensa (MXP) and Rome Fiumicino Leonardo da Vinci International (FCO). It had previously unsuccessfully tried to get permission from Russian authorities to be designated as the second carrier besides Aeroflot (ARO) to be operating on these routes.

Transaero Airlines (TRX) has taken delivery of its first 777-312 equipped with in-flight entertainment (IFE) Internet. The 777-312, which was previously operated by Singapore Airlines (SIA), will be outfitted with Lumexis (IFE). (TRX) said the onboard Wi-Fi will be available for passengers in a couple of weeks when it receives (FAA) certification.

In March, (TRX) (CEO), Olga Pleshakova said (TRX) will spend $30 million to equip 38 out of its 75 airplanes with the new technology.

(TRX), the second largest Russian airline, carried 8.4 million passengers in 2011, a +27.2% increase over 2010. (TRX) operates 20 747s, 13 777s, 14 767s, 31 737s and three Tupolev Tu-214s.

Russia and Kazakhstan will amend their bilateral agreement, Deputy Minister of Transport of Russia, Valery Okulov said at the "Wings of Russia" award ceremony. He did not disclose the details but said the bilateral agreements between Russia and some (CIS) republics are archaic and tough, regulating all possible details of flights between the countries.

Currently, only one carrier from each side (Russian, Transaero Airlines (TRX) and Kazakhstan-based Air Astana (AKZ)) is allowed to fly on the high-demand routes of Moscow - Almaty (ALA) and Moscow - Astana (TSE).

Later in the month, however, Transaero Airlines (TRX) and Air Astana (AKZ) were allowed to add one more frequency for each carrier on Moscow - Almaty (ALA) and Moscow - Astana (TSE) routes, due to growing demand. Each airline now will operate 15 flights per week between Moscow and (ALA), and eight flights per week between Moscow and (TSE). Russia and Kazakhstan may add more designated carriers on the routes during the liberalization.

Industry experts say Russian and local (CIS) aviation authorities are interested in tough regulations to protect local carriers from increasing competition.

Some routes have already been liberalized. Last year, Russia and the Ukraine agreed to increase the number of carriers on the Moscow - Odessa route.

Okulov said the liberalized relations trend with different countries will continue, not only because Russia will join the World Trade Organization (WTO), but also because Russian airlines are trying to launch more international routes and compete with foreign carriers. Okulov also said Russian authorities will negotiate with Irish aviation authorities about changes in their bilateral agreement soon.

SEE ATTACHED "AIRLINE BUSINESS" INTERVIEW - - OLGA PLESHAKOVA, DIRECTOR GENERAL.

June 2012: Transaero Airlines (TRX) has reported a 2011 net profit of +RUB1.83 billion/+$54.6 million, more than doubled from 2010. Revenue increased +42% to RUB86.5 billion. The results were certified at annual shareholder meeting in Moscow in June. (TRX) 2011 passenger traffic totaled 33.18 billion (RPK)s, up +26% from 2010. Cargo traffic rose +28% year-over-year.

(TRX) will make a RUB67.7 million dividend payment to shareholders based on the 2011 results, more than twice the dividend based on 2010 results.

(TRX) began serving its second airport in Ukraine�s capital Kiev on 15 June as the airline moved six of 21 weekly Moscow Domodedovo (DME) flights to Kiev from Kiev Boryspil to Kiev Zhulyany (IEV). The six weekly flights are operated with 737-500 airplanes. According to "Innovata," this makes (TRX) the fourth airline to serve the Kiev airport after Wizz Air (WZZ), Business Aviation Center and Sky Wings.

(TRX) launched 2X-weekly, Moscow Vnukovo - Magadan service on June 25.

Russia and the Scandinavian countries of Norway, Denmark and Sweden are developing a new bilateral agreement to replace the document signed in 1956.

Russian authorities want approval to operate scheduled flights from Russia to Oslo, Bergen, Tromso, Haugesund, Fagernes, Kirkenes, Trondheim, Stavanger in Norway, Copenhagen, Billund and one more point in Denmark; as well as Stockholm, Goteborg, Malmo, Lulea and Ostersund in Sweden.

Norwegian carriers have asked for routes from Norway to Moscow, St Petersburg, Murmansk, Arkhangelsk and four additional points.

Danish airlines are seeking service from Denmark to Moscow, St Petersburg and Kaliningrad. Swedish carriers are looking to fly from Sweden to Moscow, St Petersburg and three additional points.

The next negotiation on the new agreement will take place at year end or early 2013.

Russian and Scandinavian aviation authorities have confirmed the agreement will include multiple designations of carriers between the countries but with limitations of one carrier per city pair for passenger service. There will be no restrictions on cargo services.

Russian authorities have refused to discuss implementing the agreed-upon principles concerning Siberian overflight with their Scandinavian partners. In 2006, the European Union (EU) and Russian Federation agreed to phase out costly Siberian overflight fees by 2013.

Deputy Minister of Transport, Valery Okulov said Russia will review the agreement this year because of the implementation of the European Union�s Emissions Trading Scheme (EU ETS).

The Russian Ministry of Transport has amended its Air Code, allowing carriers to introduce non-refundable tickets. Currently, Russian airlines have to pay 8% in refunds to passengers who cancel their flights 24 hrs before the flight. In 2010, the refunds amounted to RUB22.7 billion/$700,000.

Russian authorities said foreign carriers operating scheduled flights to Russia sell nonrefundable tickets, which allows them to offer sales with lower prices, giving an unfair advantage over Russian carriers on international routes.

The Ministry said the nonrefundable rates will increase population mobility, which is 9.3 times lower than in the USA and 2.9 times lower than in Russia in 1990.

Transaero Airlines (TRX) has signed a firm order with Sukhoi Civil Aircraft Company (SCAC) for six Sukhoi (SSJ) Superjet 100 airplanes with 10 options. The deal is valued at $212.4 million at list prices, and could reach $566.4 million if options are converted into firm orders. Deliveries are scheduled to start in 2015 and continue through 2017.

(TRX) airplanes will feature two-class, 90-seat layout (8C in business class and 82Y in economy). "(TRX) deems it to be its duty to back the country's airplane industry, the success of which much depends on firm orders for the produced jetliners. The company made a decision to acquire the SSJ100, which is competitive with the foreign airplanes of that type,� (TRX) (CEO), Olga Pleshakova said.

The SSJ100 is in service with two airlines (Aeroflot (ARO), which has taken delivery of seven airplanes, and Armavia (ARZ) has one airplane. Nine SSJ100s are in service with Russian and Armenian carriers. According to the representatives of Russian United Aircraft Corporation, (SCAC) has firm orders for 174 SSJ100s.
An SSJ100 crashed on a demonstration flight in Indonesia May 9 killing all 45 people on board. The cockpit voice recorder was recovered May 17. The cause of the crash has not yet been determined.

Superjet International representatives told reporters at the Regional Airline Association Annual Convention in May that the crash has not significantly altered plans to manufacture and market the Russian-built regional airplane.

(TRX) has completed a purchase agreement with Airbus (EDS) for four A380s, the companies said. The deal, to be financed through (VEB) Leasing, follows a memorandum of understanding (MOU) signed last year.

The order, valued at $1.7 billion at list prices, makes (TRX) the launch customer for the A380 in Russia, the (CIS), and Eastern Europe.

(TRX) plans to start operations with the A380 on its long-range network of high density routes from Moscow. The A380 will feature a three-class cabin layout, seating about 700 passengers. (TRX) said it will announce its engine selection soon.

(TRX) (CEO), Olga Pleshakova said the A380 will �stimulate the development of Russia�s aviation sector, in particular, its ground infrastructure.�

The A380 will �enable (TRX) to cope with the traffic growth in Russia and offer its passengers unrivaled levels of comfort on board,� Airbus (COO) Customers, John Leahy said.

(TRX) has a fleet of 77 airplanes, comprising 19 747s, 13 777s, 14 767s, 28 737s and three Tupolev Tu-214s. It is the only carrier in Russia that operates 747s.

July 2012: Transaero Airlines (TRX) launched 2X-weekly, Moscow Vnukovo - Magadan service on June 25.

Taking advantage of a recently more liberalized air service agreement between Russia and France, Transaero (TRX) has entered the Moscow to Paris market by launching flights from both Moscow Vnukovo (VKO) and Moscow Domodedovo (DME) to Paris Orly (ORY). Domodedovo will get two weekly flights while Vnukuvo will get five weekly flights, both initially to be operated by 737NGs. However, Transaero (TRX) plans to use 777-300s on the route in the near future to meet the expected demand. According to (TRX), Paris is the most popular destination in Europe with Russians. (TRX) will also code share on Aigle Azur (AZU)�s new four-times weekly Orly � Vnukovo flights that also started this week. AirFrance (AFA) and Aeroflot (ARO) (both SkyTeam (STM) Alliance members) currently operate five daily flights each between Paris (CDG) and Moscow Sheremetyevo. These new services will provide some much needed competition on the route.

737-86R (30495, EI-RUD), ex-(B-2665), ALAFCO (ALV) leased.

August 2012: Virgin Atlantic Airways (VAA) has a code share agreement with Transaero Airlines (TRX) that starts mid-Otober with (VAA) placing its two-letter code on twice-daily, (TRX) services between Moscow (DME) and London Heathrow (LHR). In late October, the (TRX) code will be placed on (VAA) flights from (LHR) to Los Angeles, California; San Francisco, California; Boston, Massachusetts and Orlando, Florida.

FLY Leasing has acquired two 737-800 airplanes manufactured in 1998. The airplanes are on lease to Transaero Airlines (TRX). The new acquisitions were financed with secured bank debt and FLY�s free cash.

September 2012: Transaero Airlines (TRX) is set to transfer one out of two Moscow to London daily flights from Domodedovo (DME) to Vnukovo airport (VKO).

Earlier this year, (TRX) said it would to transfer several flights to (VKO) because (DME) could not keep up with (TRX)�s rapid expansion. Since then, (TRX) has moved several domestic and international flights (including Kiev and TelAviv) to (VKO). It has also launched service to new European destinations (Rome, Milan, Venice and Paris) from (VKO).

(TRX) is retrofitting eight of its 767s with Rockwell Collins� PAVES High Definition Media Server (HDMS) and Entertainment Control Panel (ECP). Rockwell Collins said installations of their in-flight entertainment solutions are currently in progress for (TRX).

�Rockwell Collins (ECP) controls the (HDMS) and features an easy-to-use, intuitive 16:9 high-definition touch-screen with �on-the-fly� configuration control to reduce workload for the cabin crew and maintenance teams,� said Rockwell Collins.

(TRX) launched its first 777-300 with in-flight Internet on its Moscow - Vladivostok route. The Internet access costs RUB400/$13 per hour, or RUB800 for unlimited access. (TRX) has also equipped its 747-400 with the new technology.

In March, (TRX) (CEO), Olga Pleshakova said (TRX) will spend $30 million to equip 38 airplanes with the new technology.

October 2012: Russia�s aviation authorities will allow local carriers to employ foreign pilots (FC), as it deals with a rising shortage of qualified pilots (FC) in a fast-growing airline market.

Speaking at the "Wings of Russia" forum, Deputy Minister of Transport, Valery Okulov said the changes, which will be written as air code and migration legislation, will be published on the Ministry of Transport website soon. Authorities did not specify when it will implement the changes.

Until now, only Russian citizens can be pilots (FC) with local carriers, according to Russia�s air code. Okulov said the government will invest Rub250 million/$8 million in pilot (FC) training.

Transaero Airline (TRX) will add 37 new routes in its winter schedule, increasing its routes to 137, up 21 routes from the year-ago period. Direct flights from Russian regions to leisure destinations will nearly double, including 41 routes from 17 Russian cities to Thailand, Egypt, India, and the United Arab Emirates (UAE). (TRX) will start flying from the Urals and Siberia on 747s on flights to Bangkok from Yekaterinburg, Novosibirsk, and Krasnoyarsk.

(TRX) will launch flights to Kazakhstan (Almaty and Astana) from Moscow Vnukovo airport (VKO) instead of from Moscow Domodedovo (DME). Last month, (TRX) said it would transfer one out of two Moscow - London daily flights from (DME) to (VKO). (TRX) will transfer all its (DME) - Kiev (KPB) flights from (KPB)-Boryspil to Zhulyany. (TRX) will also launch flights from (DME) to Ras al-Khaimah.

Transaero (TRX) expanded its network with four new routes in the first two days of the winter scheduling season. On 28 October, (TRX) moved one of its two daily flights to London Heathrow (LHR) from Moscow Domodedovo to its emerging base at Moscow Vnukovo (VKO). (TRX) also expanded its Vnukovo network by adding flights to Ekaterinburg (SVX) the following day. The new daily service competes with Red Wings Airlines (RWG)�s five weekly flights, and complements (TRX)�s also daily flights from Domodedovo. Both new routes are operated with 121-seat 737-700s. However, (TRX) also expanded its network out of Moscow Domodedovo (DME) on 29 October. (TRX) now flies three times a week on the domestic route to Kaliningrad (KGD), the Russian enclave between Poland and Lithuania, using 8C, 42PY, 51Y-seat 737-500s. Direct competition comes from S7 (SBR)�s also three flights a week. (TRX) also expanded its network to Italy and launched two weekly flights to Rome Fiumicino (FCO), complementing its five flights a week from Vnukovo. 8C, 66PY, 90Y-seat 737-800s are used on the route that faces indirect competition at Moscow Sheremetyevo from Aeroflot (ARO) (three daily) and Alitalia (ALI) (two daily flights).

Russian and Czech aviation authorities have signed a new air service agreement (ASA) and added one more designated carrier from each country on the Moscow - Prague route.

According to a memorandum of understanding (MOU) concluded by the countries' aviation authorities this September, the new document will be signed in 2013. It was decided that from the date of signature of the new (ASA), each country may designate a second airline to operate scheduled services on the Moscow - Prague route with up to seven weekly frequencies. Now only Russian Aeroflot (ARO) and Czech Airlines (CSA) can perform the flights between these cities. Both of the carriers are SkyTeam (STM) alliance members.

Authorities of both countries also agreed that if they fail to sign the new agreement by September 1, 2013 they will hold a consultation by September 15, 2013 to review the status of internal procedure relating to the new agreement and to designate the second airline from each side.

Market experts say that the countries will not sign the agreement before September 1, 2013 because the document needs approvals from different organizations, including the Russian Ministry of Foreign Affairs. The second designated carrier is therefore unlikely to start earlier than the fall of 2013.

Russia�s main carriers, including Transaero (TRX), S7 Airlines (SBR) and UTair (TYU), are expected to apply for the rights for the Moscow - Prague route. On the Czech side, Smart Wings (TVS) is expected to apply.

Italy and Russian aviation authorities have appointed Italy�s Meridiana Fly (ALS)/(EUY) as a second designated carrier on the Milan - Moscow route. Alitalia (ALI) has been the only Italian airline operating the Milan - Moscow route. (ALI) performs daily flights between these destinations but starting on October 29, it will add four more weekly flights.

Earlier this year, the two governments agreed to change their bilateral agreement and add one more designated carrier from the each side on the Rome - Moscow and Milan - Moscow routes, on which only Aeroflot (ARO) and (ALI) were allowed to fly.

Russian authorities already have designated Transaero Airline (TRX) as the second Russian carrier.

Transaero Airlines (TRX) has agreed with Ilyushin Finance to take delivery of two Tu-204-100C freighters with deliveries currently scheduled for the end of this and early next year. (TRX) does not currently operate any freighters but already operates three Tu-214 passenger jets. The two airplanes (64051, RA-64051) and (64052, RA-64052) were both built in 2009 and were originally expected to be exported to China. No new customer for the two airplanes could be found since then and they have remained grounded at Ulyanovsk Vostochny airport (ULY) in the meantime.

November 2012: Russian airlines carried 57 million passengers during the first nine months of the year, up +15.2% over the year-ago period, Russian Federal Air Transport Agency/Rosaviatsia said.

International traffic rose +22.2% to 29.9 million passengers and domestic traffic increased +8.3% to 27 million. Load factor was 79.4% LF, up +1.6 points year-over-year. The total market share of Russia�s five biggest airlines increased to 62.4% from 56.4%.

Russia�s biggest airline, Aeroflot (ARO), carried 13.3 million passengers, up +26.1% over the year-ago period. Transaero Airlines (TRX) carried 8.07 million passengers, up +23.1%. UTair (TYU) carried 5.9 million passengers, up +43.1%. Sibir (SBR), which is working under the S7 Airlines (SBR) brand, said it transported 4.8 million passengers, up +24.3%. St Petersburg-based, Rossiya (SDM) reported carrying 3.36 million passengers, up +23.9%.

Transaero (TRX) inaugurated services on the route from Moscow Domodedovo (DME) to M�laga (AGP) on the Spanish Costa del Sol on 31 October, making the popular resort city, the fifth destination (TRX) serves in Spain. (TRX), which operates the route with thrice-weekly frequencies using 737-300s, will compete indirectly against Aeroflot (ARO)�s five weekly departures from another Moscow airport, Sheremetyevo, which launched in April 2007.

(TRX) launched weekly 737 services from Moscow Vnukovo to Astana (TSE) and Almaty (ALA) on November 2. (TRX) also operates daily, Moscow Domodedovo (DME) - (TSE) and (DME) - (ALA) 737 and 767 services.

January 2013: Moscow�s Vnukovo Airport (VKO) has fully opened its $1.4 billion Terminal A. The completed terminal, which can handle 30 million passengers per year, has three jet bridges for the 747 and one for the A380.

Transaero (TRX) (CEO), Olga Pleshakova said (TRX) will transfer its 747 flights to New York and Miami to Vnukovo (VKO) from Moscow Domodedovo (DME) Airport. Last spring, (TRX) transferred several flights to Vnukovo from its base in Domodedovo and opened new destinations including Paris and Rome. Pleshakova said (TRX) will increase the capacity on its Vnukovo - Paris Orly route and will switch airplanes from the 737 to the 777. Last September, (TRX) announced plans to transfer one out of two Moscow - London flights from Domodedovo to Vnukovo.

The new Terminal A has increased in size from 174,000 sq m to 270,000 sq m. The number of check-in desks grew from 104 to 154, while the number of gates increased to 52.

Russia�s Transaero Airlines (TRX) and UTair Aviation (TYU) have signed a multilateral agreement with Moscow�s Vnukovo Airport to establish interline connections and through rates. The agreement will allow passengers to transfer between (TYU)�s domestic and (TRX)�s international flights.

Approximately 87% of UTair (TYU)�s network is domestic.

Transaero (TRX) began cooperating with Vnukovo in 2012. During the year, it transferred several flights from its base at Moscow Domodedovo Airport to Vnukovo and launched service to new destinations. Currently, (TRX) operates flights from Vnukovo to 13 destinations, including Russia�s Saint Petersburg and Yekaterinburg, Astana and Almaty in Kazakhstan, Tel Aviv, Rome, Milan, Vienna, Venice, Paris, London, Pardubice, and Barcelona. This year, Transaero (TRX) will launch service from Vnukovo to New York, Miami, Frankfurt and other destinations.

Transaero Airlines (TRX) signed a multilateral agreement with UTair Aviation (TYU) to establish interline connections via Moscow Vnukovo to cities in Russia, the (CIS), the USA, and western Europe.

(TRX) expanded its European coverage from Moscow Vnukovo (VKO) with the launch of services to Vienna (VIE) on 26 December, and it now offered services to a total of eight destinations. Twice-weekly flights are operated to the Austrian capital (VIE) using 737-700s in 137Y-seat configuration.

(TRX) has continued to ground its three Tupolev Tu-214s even though they passed airline safety tests. The Tu-214s were grounded following a December 29 crash in which a Red Wings (RWZ) Tu-204 overshot a runway at Moscow Vnukovo Airport, killing five people.

After the crash, the airline�s comprehensive review of the Tu-204 did not detect any defects. However, it will not return the airplane to operation until the crash investigation results are complete.

(TRX) spokesman, Sergey Bykhal said the Tu-214s were replaced by 767s and 737-800s.

(TRX), which took delivery of its first Tu-214 nearly six years ago, said the airplane operates on domestic and international flights. (TRX)'s fleet comprises 94 airplanes, including 24 747s, 13 777s, 15 767s, 39 737s and three Tu-214s.

See the Red Wing (RWZ) accident report under (RWZ).

February 2013: Russia�s aviation authorities have announced they will permit 200 foreign Captains (FC) and instructors to work for local airlines over the next five years.

Russia�s Ministry of Transport has prepared amendments for its air code that will allow Russian airlines to hire foreign pilots (FC). Those changes are being discussed by other Ministries and Government Departments that would be involved or affected by the change, Mikhail Gubanov, a representative of Federal Air Transport Agency, Rosaviatsia told an aviation conference in Moscow.

Gubanov said attracting Captains and instructors from other countries was necessary because of a pilot (FC) shortage in Russia. The possibility for a change in law was first raised last year.

March 2013: EasyJet (EZY) will launch London Gatwick - Moscow Domodedovo flights March 18 after reaching an agreement with Russia�s Transaero Airline (TRX). (EZY) will also launch Manchester - Moscow flights from March 28. These routes were formally flown by British Midland International (bmi) (BMA), which it had to give up after British Airways (BAB) parent, the International Airlines Group (IAG) took over the carrier in April 2012. Details of the agreement have not been announced.

(EZY) UK Director, Paul Simmons said, �We are well advanced in securing all of the necessary permissions and agreements to operate between Moscow and London. (EZY) has been meeting with the Federal Air Transport Agency in Moscow and is working with them to finalize all the necessary arrangements.� Simmons earlier said (TRX)�s agreement with (BMA) was a code share, which is not possible between (EZY) and (TRX) as the airlines operate flights in different London airports ((TRX) flies to Heathrow and (EZY) operates from Gatwick).

In October 2012, the UK Civil Aviation Authority granted approval to (BAB) and (EZY) to operate service between London and Moscow Domodedovo under bilateral agreements with the Russian government.

April 2013: Transaero Airlines (TRX) has signed a code share agreement with Taiwan�s China Airlines (CHI) on the Moscow - Bangkok - Taipei route.

(TRX) (CEO), Dmitry Stolyarov said (TRX) has plans to establish a direct Moscow - Taipei flight. According to Stolyarov, (TRX) operates more than >20 scheduled flights per week from Russia�s largest cities to Bangkok. The code share, which was signed for only Moscow - Bangkok flights, will be expanded to routes from Russian regions.

Russia and Taiwan have not established diplomatic relations. Experts say authorities in mainland China do not oppose direct flights between Russia and Taiwan if they are operated by private carriers.

Transaero (TRX) received rights for a Moscow - Taipei route in the mid-1990s, but flights ceased after a short period due to a lack of demand.

Russia and Finland authorities have agreed to designate second carriers on the Moscow - Helsinki route. The first designated airline from each side has �14 frequencies per week� and the second designated airline from each side �will have seven frequencies per week,� effective from the (IATA) winter season 2013 - 2014, according to a statement by Russia�s Federal Air Transport Agency, Rosaviatsia.

Currently, only Aeroflot (ARO) and Finnair (FIN) are allowed to operate flights between these cities. (FIN) operates nine flights per week, seven of which are under a code share agreement with (ARO). (ARO) performs 14 flights per week, seven of which are a code share.

Over the last year, Russia has liberalized bilateral agreements with Italy and France, adding more carriers on routes connecting Moscow with Rome, Milan, Paris, and Nice. Russia�s Transaero Airlines (TRX) won the rights to fly from Moscow to Rome, Milan and Paris, while Rossiya Airlines (SDM), a member of the Aeroflot (ARO) group, launched flights from Moscow to Nice. French Aigle Azur (AZU) was allowed to launch flights from Paris and Nice to Moscow; it has already launched the Paris route and will launch the Nice flight later this year. Italian Blue Panorama (BPA) started Rome - Moscow flights at the beginning of April, while Meridiana Fly (ALS)/(EUY) was designated at Milan - Moscow.

Transaero Airlines (TRX) plans to develop its presence at Moscow Vnukovo Airport, a year after launching operations at the base. It will operate to nearly 30 destinations from Vnukovo this summer, bringing the seasonal schedule to nearly 190 routes, +20% up from the year-ago period.

The new routes will include destinations in Russia, Kazakhstan, Uzbekistan, and Ukraine, as well as destinations in the USA, France and Italy. Flights to the USA and Mexico will be served with Boeing 747-400 airplanes.

(TRX) will also increase operations from other Russian cities, including new service to Kiev from Yekaterinburg, Perm and Ufa and will launch Moscow service to Tokyo Narita Airport using a Boeing 777-200. This summer, (TRX) will operate direct flights to Barcelona from 13 Russian cities, to Hurghada (from 10 cities), to Larnaca (from 10 cities), to Pathos (from nine cities) and to Bangkok (from eight cities). The number of international (TRX) routes from Russia will exceed >65, a +50% increase from the year-ago period.

(TRX) launched two new connections to Kiev Zhulyany (IEV), with the Ukrainian capital�s airport now receiving flights from two new points in Russia, namely Ufa (UFA) and Ekaterinburg (SVX). Beginning on 20 April, the link from Ufa, the capital city of the Republic of Bashkortostan, will be flown twice-weekly by (TRX)�s 737-800s. Started on the following day was the 2,110 km service from Ekaterinburg, one of (TRX)�s hubs, also using the same airplanes with the same weekly frequency. However, the latter route, will face indirect competition, as Ukraine International Airlines (UKR) flies thrice-weekly from Kiev Borispol.

(TRX) which already operates a scheduled domestic service from Perm (PEE) to Moscow Domodedovo, added its first international scheduled destination from the city on 23 April. Perm, located in the European part of Russia near the Ural Mountains, is now connected with Kiev Zhulyany (IEV) with twice-weekly services. Flights on the 1,900 km route are carried out using its 737-700 equipment.

(TRX), which is Russia�s second largest International airline, and 4th largest domestic airline, carried 10,327 million passengers in 2012.

(TRX) launched cargo services with a Tupolev Tu-204-100C on the Moscow - Novosibirsk - Yakutsk route carrying 24 tons of general cargo. (TRX) representatives said (TRX) is now developing a network for cargo airplanes that will include domestic and international destinations. (TRX) has leased two ex-Aviastar Tu-204-100Cs, its first dedicated freighters, from Ilyushin Finance Company. (TRX) took delivery of the first freighter in the fourth quarter of 2012; it will receive the second freighter in mid-May.

(TRX) is the fourth biggest cargo carrier in Russia after AirBridgeCargo (ABC), Aeroflot (ARO), and Volga-Dnepr (VDA). In 2012, it carried 65,874 tons, up +28.3% from the previous year. (TRX)�s passenger fleet consists of 96 airplanes, comprising 24 747s, 14 777s, 15 767s, 40 737s and three Tu-214s.

Boeing (TBC), Sberbank of Russia and its wholly owned subsidiary, Sberbank Leasing, have reached an agreement on an order for 12 Next-Generation 737-800s. The airplanes are intended for operational leasing under Sberbank�s contract with Transaero (TRX), one of Sberbank�s key corporate customers.

Valued at more than >$1 billion at current list prices, the deal will help lay the groundwork for developing an environment for finance and operational leasing of imported airplanes in Russia. Sberbank will follow international standards for airplane leasing, allowing it to provide air carriers with modern, world-class finance solutions.
�The agreement that we have reached today marks a very significant step forward and is evidence of Sberbank�s commitment to aviation financing. It substantially contributes to the development of trade and economic relations between Russia and the USA,� said Herman Gref, (CEO) and Chairman of the board of Sberbank of Russia. �Sberbank will use our new 737-800s to give our corporate customers the best service available in the airplane leasing industry.�

(TRX) is pursuing further growth across its domestic and international networks. (TRX) will be operating a +20% larger schedule in summer 2013 compared to summer 2012 with considerable expansion in Eastern Europe and Central Asia.

(TRX)�s wide body fleet, which is already the largest in Russia, is set to increase over the next several years, leading to further ambitious expansion across its medium and long-haul network. (TRX) already operates a wide body fleet of about 50 airplanes consisting of 747-300/400s, 767-200/300s and 777-200/300s, and plans to take three new types over the next few years: � A380s, 747-8Is and 787s.

May 2013: Transaero (TRX) reported 2012 full-year net profit of +RUB902 million/+$28.7 million, down -51% compared to the year-ago period. (TRX) said the results were due to the significant increase in fuel prices, social payments and taxes. Revenue rose +13% to RUB97.6 billion and traffic revenue increased +35% to RUB90.3 billion year-over-year. Revenue from asset transactions lowered -64% to RUB 6.8 billion.

(TRX) is the second largest airline in Russia. In 2012, it carried 10.32 million passengers, up +22.2% over 2011. It has a fleet of 98 airplanes, comprising 24 747s, 14 777s, 15 767s, 41 737s and three Tupolev Tu-214s. This year, (TRX) launched cargo services with Tu-204-100C cargo airplanes.

(TRX) added St Petersburg (LED) as the second Russian city it connects with Kaliningrad (KGD) on May 13th. (TRX), which already offers thrice-weekly frequencies from Moscow Domodedovo, added a twice-weekly schedule from St Petersburg, which it operates using 737-500s. Competition on the 800 km route comes from Rossiya Airlines (SDM), which connects the two Russian cities with 40 weekly services.

June 2013: Transaero Airlines (TRX) has taken delivery of second Tupolev Tu-204-100C cargo airplane. According to (TRX)�s General Director, Olga Pleshakova, the airplane will fly on domestic and international routes. �We plan to operate this cargo airplane on the routes to Vienna and London as well as to other European destinations,� Pleshakova said.

(TRX) took delivery of its first freighter in the fourth quarter of 2012. The first cargo flight was operated on the Moscow - Novosibirsk - Yakutsk route in April. (TRX) has leased two former Aviastar Tu-204-100Cs, its first dedicated freighters, from Ilyushin Finance Company.

(TRX)�s fleet consists of 99 airplanes, comprising 24 747s, 14 777s, 15 767s, 41 737s, three Tu-214s and two Tu-204-100Cs.

Rolls Royce (RRC) has a Transaero (TRX) order to provide (Trent 1000)s for four 787s in deal that includes TotalCare support.

(GA) Telesis Engine Services Oy (GATES) won an exclusive 10-year contract from Transaero Airlines (TRX), valued at nearly $500 million, to repair and overhaul 62 (GE) (CF6-80C2) engines. Transaero (TRX) will be (GATES)� largest customer and work will be done at Helsinki Vantaa Airport. In May, (GA) Telesis acquired part of Finnair Engine Services.

737-81Q (29049, EI-RUJ), ex-(N982CQ), (VEBL) leased, and 1 TU-204-100C (64051, RA-64051), Ilyushin Finance leased.

July 2013: Transaero Airline (TRX) reported 2012 full-year loss of -RUB228 million/-$6.86 million, narrowed from +RUB2.19 billion net profit in the year-ago period.

UTair (TYU) and Transaero (TRX) have agreed a strategic partnership under which they are to co-operate to build networks, share fares and merge frequent-flyer programs. The two Russian airlines plan to "leverage" and "develop" their respective networks from Moscow's Vnukovo International airport.

They will also share information on "modern best-practice standards and advanced business technologies," and foresee forging interline and revenue-sharing agreements. There are also plans for the carriers to synchronise flight schedules and frequencies to "achieve the most convenient flight connections" at the airports from which both operate.

Russian authorities have designated Transaero Airline (TRX) for 7X-weekly, Moscow - Istanbul service. (TRX) launched daily, Moscow - Antalya 777 and 767 service.

Transaero Airlines (TRX) commenced operations on its latest international route from Moscow Vnukovo (VKO) airport on July 16, when it launched services to Yerevan (EVN) in Armenia. Daily flights are offered on the 1,800 km route, which is operated using 737-800s. Yerevan Airport lost its based carrier Armavia (ARZ) earlier this year.

Later, (TRX) inaugurated a new domestic route from Moscow Vnukovo (VKO) on July 26. (TRX) now offers five weekly flights to Vladivostok (VVO) in the Russian Far East. Long-range 767-300s are deployed to operate the 6,500 km route. While there is no direct competition on the route, Aeroflot (ARO) operates 19 weekly flights to Vladivostok from Moscow Sheremetyevo, while Transaero (TRX) itself provides daily flights from Moscow Domodedovo.

August 2013: Transaero Airlines (TRX) and Virgin America (VUS) has entered into an interline agreement. The agreement offers passengers acquisition of e-tickets for travel between Moscow and Virgin Ameria (VUS)�s USA network of cities.

Transaero (TRX) has launched flights between Moscow Domodedovo and Antalya. (TRX) is operating a daily service to the Turkish city, using 767 and 777 airplanes. Transaero (TRX) is the route's sole operator.

Transaero (TRX) has added to its list of partners offering connecting flights in the United States by signing an interline agreement with California-based Virgin America (VUS). The agreement links (TRX) passengers flying out of Moscow to Virgin America (VUS) flights departing from Los Angeles and New York. Special pricing will be offered on some of the routes, according to (TRX).

From Los Angeles, (VUS)�s destinations in the USA include Washington, Boston, Fort Lauderdale, Orlando, Dallas/Fort Worth, Las Vegas, Seattle, Portland, and San Jose. Via New York, (TRX) passengers will be able to transfer onto Virgin America (VUS) flights to San Francisco and Las Vegas.

Meanwhile, USA travelers flying into Los Angeles or New York via Virgin America (VUS) will be able to continue their journey to Moscow on board a Transaero (TRX) flight.

Transaero (TRX) currently flies directly from Russia to the USA cities of New York, Los Angeles, and Miami. (TRX) also has existing partnerships with Singapore Airlines (SIA), Virgin Atlantic (VAA) and United Airlines (UAL) that offer connecting flights within the United States.

Moscow Sheremetyevo Airport has announced a tender for investors to take part in the reconstruction of its northern terminals. Deadline for applications is August 26. The airport plans to create a new complex to accommodate up to 40 million passengers per year. The renovation should start with Terminal B and will increase capacity to 10 million passengers per year after the first phase.

The airport also plans to build a tunnel between the northern and southern terminals, which are now separated by runways. Earlier this year, Sheremetyevo (CEO), Mikhail Vasilenko said the cost of the new projects will total as much as $370 million. Vasilenko said the lack of connections between the terminals has compromised the airport�s ability to handle connecting flights.

Sheremetyevo�s northern part includes terminals A, B and C. Terminal A is new for business aviation. Terminal B is former Sheremetyevo 1, the oldest terminal that needs the most significant renovation. Russia�s low-cost carrier (LCC) Avianova (ANV) operated from Terminal B and was its biggest partner. After (ANV) left the market in 2011, the terminal lost all its smaller partners. Terminal C was built at the beginning of the decade, and is mainly used for charter airlines and some scheduled services.

Sheremetyevo, the second biggest airport in Moscow after Domodedovo, handled 13.4 million passengers during the first six months of 2013.

Moscow Domodedovo Airport has announced that Dmitry Kamenshchik is its beneficial owner, with 100% shares in the companies that own and manage the airport.

Moscow Sheremetyevo Airport has said four companies have applied for the tender to finance the reconstruction of its northern terminals.
According to (CEO), Mikhail Vasilenko, the companies include (VTB) Capital Company, Oleg Deripaska�s Transstroy Corporation, Arkady Rotenberg�s (TPS) Avia Group and Airport Koltsovo.

Sheremetyevo, which announced the tender in the middle of August, had planned to reveal the results on September 17 but has postponed the deadline to September 25. The airport plans to create a new complex to accommodate up to 40 million passengers per year. The renovation should start with Terminal B and will increase capacity to 10 million passengers per year after the first phase.

The airport also plans to build a tunnel between the northern and southern terminals, which are now separated by runways. The cost of the new projects will total as much as $370 million.

Sheremetyevo, the second biggest airport in Moscow after Domodedovo, handled 13.4 million passengers during the first six months of 2013.

Russia�s (VEB) Leasing has firmed a memorandum of understanding (MOU) with Irkut Corporation for 30 MC-21s at the (MAKS) Airshow in Moscow. The deal is valued at $2.5 billion at current list prices. The (MOU) was signed at the Paris Air Show in June. Deliveries are planned for 2018 to 2020.

(VEB) Leasing also signed an (MOU) with UTair (TYU) and Transaero airlines (TRX).

UTair (TYU) intends to lease 10 MC-21s with deliveries between 2018 and 2020. (TYU) (CEO), Andrey Martirosov said the company will firm the order after Irkut (IKT) confirms the airplane�s design performance capabilities. (TYU) is planning to phase out its Soviet Union-era Tupolev Tu-154 airplanes. UTair (TYU) also signed a lease agreement for six Sukhoi Superjet SSJ100LRs at (MAKS).

The Transaero (TRX) (MOU) with (VEB) Leasing includes six MC-21s for delivery between 2018 and 2020. (TRX)�s fleet consists mostly of Boeing (TBC) airplanes, but also includes three Russian-built Tupolev Tu-214s and two Tu-204Cs.

Transaero Airlines (TRX) has selected Engine Alliance (GP7200) engines to power its new fleet of four A380 airplanes. The deal, which was finalized in June 2012, makes (TRX) the launch customer for the A380 in Russia, the (CIS) and Eastern Europe. Deliveries begin in 2015.

(TRX) has also agreed to a 12-year Fleet Management Agreement to cover the maintenance, repair and overhaul (MRO) of the engines. The engine and Fleet Management Agreement is valued at more than >$500 million over the life of the agreement.

(TRX) said the A380 acquisition was a strategic decision aimed at improving service on high density routes. The planned passenger capacity of the airplane will be 640 - 650 seats, including 12F seats in first-class and 24C in business class.

September 2013: Transaero Airline (TRX) has reported a first-half net profit of +RUB464.03 million/+$14.69 million, up +69% compared to the year-ago period. First-half revenue rose +18% to RUB45.51 billion.

Transaero Airlines (TRX), and UK airline, easyJet (EZY), have signed a commercial agreement on flights between Moscow Domodedovo and London Gatwick. The agreement (signed by (TRX) (CEO), Olga Pleshakova, and (EZY) (CFO), Chris Kennedy: � means that (TRX) will distribute a proportion of seats on (EZY)t�s twice-daily flights on the Moscow - London route.

It applies to London flights UN7401/U28401 and UN7403/U28403 as well as Moscow flights UN7402/U28402 and UN7404/U28404, and will come into effect from October 27. Pleshakova commented: �In addition to our own services from Moscow Vnukovo airport to Heathrow airport, Transaero Airlines (TRX) will allow our passengers to get to London�s Gatwick airport from (TRX)�s base airport with an extensive route network: � Moscow Domodedovo.�

October 2013: Transaero Airline (TRX) and Pegasus Airlines (PGS), which have been designated by Russian authorities for flights between Istanbul and Moscow, are launching flights in October. They join Aeroflot (ARO) and Turkish Airlines (THY), which offer 28x-weekly flights between the cities.

(TRX), which is starting Moscow - Istanbul daily flights on October 27, will fly between Istanbul Ataturk and Moscow Vnukovo. Pegasus Airlines, which began flights October 8, will fly from Istanbul Sabiha Gökçen to Moscow Domodedovo.

Turkish low-cost carrier (LCC) Pegasus (PGS) has offered services from Istanbul to Omsk and Krasnodar, and from Trabzon to Sochi, but (PGS) wanted to acquire the designation for the popular Istanbul - Moscow route, according to airline (CEO), Ali Sabanchi.

(PGS) was approved for 3x-weekly flights on the Istanbul - Moscow route. According to Senior VP, Guliz Ozturk, since (PGS) has been operating the service, competitors have decreased fares an average of -13.3%, from €300/$413.83 to €260.

Last year, Russia agreed to amend its bilateral agreements to add more designated airlines with several countries such as France and Italy.

Transaero Airlines (TRX) launched a new service from Moscow Domodedovo (DME) to Krasnojarsk (KJA) in the center of Russia. The weekly 737-300 service (Saturdays) from the country’s largest airport began on October 19. The 3,335 km sector is set to increase frequency to thrice-weekly from October 27. Competition is fierce on this particular airport pair, with S7 Airlines (SBR) (12 weekly), Yamal Airlines (LLM) (daily) and NordStar Airlines (JSC) (daily) operating directly against Transaero (TRX). There is more competition from Moscow’s other airports, with Aeroflot (ARO) also flying to Krasnojarsk from Sheremetyevo (double daily), while UTair (TYU) operates (daily) from Vnukovo, along with Red Wings Airlines (RWZ) (five weekly) in addition to (TRX)’s own six times weekly operation.

(TRX), Russia's second largest airline, expects its fast pace of growth to continue over the next several years as it anticipates delivery of both its first Airbus A380 and first Boeing 747-8 Intercontinental in 2015. (TRX) is also interested in expanding international partnerships and this month signed its latest interline agreement with New York-based, JetBlue Airways (JBL).

Transaero Airlines (TRX) began flights between Moscow Vnukovo (VKO) and Dubai (DXB) on September 20. The six times weekly operation will be flown by a combination of (TRX)s 767-300 and 737-800s. While there is no direct competition on this particular route, there are numerous competitors in the indirect market, with Emirates (EAD) operating double-daily into Moscow Domodedovo, as well as a twice-weekly SriLankan Airlines (LNK) service. Aeroflot (ARO) is also a competitor, with its own double-daily operation (up from daily, also commencing 20 September) into Dubai from its Moscow Sheremetyevo hub. There are also numerous Russian charter flights which operate between the two cities.

Moscow Sheremetyevo Airport has chosen Arkady Rotenbergs (TPS) Avia Group to finance the reconstruction of its northern terminals.

According to the (TPS) Avia Group, the company and airport will create the joint ventures (JV)s to fulfill the project's northern part of the airport. These include constructing a new terminal for 15 million passengers to replace Terminal B, a new cargo terminal handling 500,000 tons per year, a third fuel complex and a tunnel connecting the southern and northern parts of the airport. Currently, the two parts are disconnected and it is possible to reach northern terminals only by car or bus from the southern part.

Sheremetyevo (CEO), Mikhail Vasilenko estimated the cost of the new projects to be as much as $370 million, but the airport did not disclose finance details.

Reconstruction of the northern terminals is one of the airports main strategic projects. It is expected the northern part will be able to handle 40 million passengers by 2030.

Initially, Vasilenko said four companies (including (VTB) Capital Company, Oleg Deripaskaïs Transstroy Corporation, Arkady Rotenbergs (TPS) Avia Group, and Airport Koltsovo) had applied for the tender, but the airport received proposals from only the (TPS) Avia Group and Airport Koltsovo.

Transaero Airline (TRX) has approved a leasing deal for 12 additional 737-800s with Sberbank Leasing Company. Deliveries are scheduled for between 2015 and 2017. (CEO), Olga Pleshakova said (TRX) has been cooperating with Russia's leasing companies since 2006 and has leased 55 airplanes of different types. At the (MAKS) Air Show, (TRX) signed (MOU)s for 12 Irkut MC-21s with Ilyushin Finance Company and (VEB) Leasing.

(VEB) Leasing will also finance four A380s from an October 2011 (MOU).

Transaero (TRX)'s fleet includes 100 airplanes, comprising 24 747s, 14 777s, 15 767s, 42 737s, three Tupolev Tu-214s and two Tu-204-100Cs.

October 2013: Transaero (TRX) will start 747-400 Moscow Vnukovo - Montego Bay service once every 10 days from November 1 and weekly, 767-300 Moscow Domodedovo - Havana service from December 28.

(TRX) said it had operated charter flights to Jamaica in the winter 2012/2013 schedule and increased demand encouraged (TRX) to begin scheduled service on the route.

(TRX)’s 2013/2014 winter schedule will include 146 routes, up nine compared to the year-ago period. TRX) will increase the number of routes from Moscow Vnukovo by +30%; it will reach 60 destinations in winter.

(TRX) launched flights from Vnukovo in 2012 to increase capacity.

(TRX) began seven new routes at the start of the winter season, all originating in Moscow, six of which were international across five different countries, while one route was domestic. Six out of seven routes will face direct competition, and even the seventh, namely from Moscow Vnukovo (VKO) to Paphos (PFO), will probably be up against numerous charter services. The longest sector is the (VKO) to Paphos route at 2,348 km, while the shortest of the seven new routes is also from (VKO), this time to Donetsk in Ukraine, at just 835 km:
Moscow Vnukovo (VKO) to Berlin Tegel (TXL) 3x weekly, vs Lufthansa 7x weekly; to Istanbul Ayayurk (IST) 7x weekly vs Turkish Airlines (THY) 28x weekly; to Donetsk (DOK) 6x weekly vs UTair Ukraine (UKN) 14x weekly; to Paphos (PFO) 7x weekly; to Rostov-onDon (ROV) 7x weekly vs UTair (TYU) 25x weekly; and Moscow Domodedovo (DME) to Odessa (ODS) 3x weekly vs S7 Airlines (SBR) 7x weekly; and to Vienna (VIE) 4x weekly, vs Austrian Airlines (AUL) 21x weekly and NIKI (NKI) 14x weekly.

November 2013: Transaero Airlines (TRX) has reported a net profit of +RUB736 million/+$22.9 million for the first nine months ended September 30, up +20% compared to the year-ago period.

(TRX) doubled the number of Russian cities it connects to Dubai (DXB) in the course of last week, as it launched four new routes to the Middle Eastern airport. In addition, (TRX) commenced operations on the 2,700 km route from Moscow Vnukovo (VKO) to Bukhara (BHK) in south-eastern Uzbekistan. The weekly service comes as (TRX)’s second to the Central Asian country ((TRX) already operates thrice-weekly flights to Tashkent, also from Vnukovo).

Volga-Dnepr (VDA) Technics will provide maintenance services in Moscow for Aeroflot-Russian Airlines (ARO)’s 737NGs.

Transaero Airlines (TRX) has extended its First (F) and Business Class (C) offering to include some of its short- to medium-haul fleet. (TRX) has reconfigured six of its 737-800s to include 4F Imperial Class lie-flat seats, 8C Business Class seats with a 43 inch/109 cm pitch, and 132Y in economy. These airplanes are being used on services from Moscow to London, Paris, Tel Aviv, Paphos and the Kazakh cities of Astana and Almaty.

"We are delighted to offer our clients new enhanced comfort on board our 737-800 airplanes in a new configuration," (TRX) (CEO), Olga Pleshakova said. "Since its launch 5 years ago, more than >52,000 passengers have travelled in Imperial Class. Introduction of new services on medium-range routes is part of (TRX)'s strategy aimed at enhyancing client services and fleet renewal." SEE ATTACHED - - "TRX-2013-11 - IMPERIAL CLASS."

December 2013: Transaero Airlines (TRX) began services to its eighth destination in Kazakhstan, Kokshetau (KOV) on December 14th, and its seventh in the country from its Moscow Vnukovo (VKO) hub, joining existing routes to Almaty, Shymkent, Atyrau, Karaganda, Aktau, and Astana. Uniquely, not only is there no competition on the specific airport-pair, but notably there is also no competition on the city-pair from Moscow’s two other main airports (Domodedovo and Sheremetyevo). The 2,081 km sector will be flown by the unaligned carrier’s 128-seat 737-700s twice-weekly (Tuesdays and Saturdays).

January 2014: Transaero Airlines (TRX) has entered the low-cost segment, launching a discount class from January 14. Low-cost flights are operated from Moscow Domodedovo Airport on several domestic and international routes, including Yekaterinburg, Kazan, St Petersburg, Sochi, Ufa, Odessa, Yerevan, London, Rome, and Milan.

During the first day of the discount class launch, (TRX) carried more than >5,000 passengers on its 54 Boeing 737 and Tupolev Tu-214 flights.

All seats on specified flights are sold according to discount class rate rules. Passengers on these flights can carry 10, 15 or 20 kilos of luggage. According to the Russian regulations, (TRX) is obliged to provide passengers with free drinks and food, depending on flight length.

Last year, two out of five of Russia’s biggest airlines, Aeroflot (ARO) and UTair (TYU), said they would enter the low-cost segment.

Aeroflot (ARO) plans to launch its Dobrolet (DBL) subsidiary. (ARO) will invest $100 million in (DBL) through 2015. UTair (TYU) announced plans to develop a low-cost airport at Yermolino in the Kaluga region, but the carrier has not disclosed details.

Moscow airports handled more than >71 million passengers in 2013. Domodedovo, Sheremetyevo and Vnukovo airports reached a market share of 60% to 70%. Domodedovo remains the biggest airport in the country (in 2013 it handled 30.76 million passengers, up +9.2% on the year-ago period).

Last year, two of the biggest low-cost carriers (London-based easyJet (EZY) and Turkish Pegasus Airlines (PGS) launched flights to Domodedovo airport.

Sheremetyevo, which was Moscow’s main airport during the 1990s, handled 29.3 million passengers, up +11.7% year-over-year. Sheremetyevo-based Aeroflot (ARO), the airport’s key partner, has not yet announced its year-end results, but during the first 11 months of 2013 it carried 19.3 million passengers, up +18.5%.

Vnukovo handled 11.18 million passengers, up +15.2% compared to 2012. It is the fourth airport in Russia’s rating after Saint Petersburg Pulkovo, which had 12.85 million passengers. The number of passengers at Vnukovo has grown because of the development of its two main partners, UTair (TYU) and Transaero (TRX). According to a Vnukovo statement, the two carriers reached 70% of the airport’s total share. Transaero (TRX) began to transfer its flights from Domodedovo to Vnukovo airport in 2012. Budapest-based Wizz Air (WZZ) also launched flights to Vnukovo in 2013.

(TRX) will offer in-flight Internet on eight Boeing 737-700s and 737-800s in the coming months. According to a company statement, the equipment has already been installed on the airplanes. Later this year, (TRX) plans to outfit two more 737NGs, 777-200s and 767-300s with the technology.

Since 2012, 14 wide bodies (nine 747-400s and five 777-300s) as well as two 737 Classics have been Internet equipped. (TRX) selected Panasonic (GSC) for its 747s and 777s, and Row 44 for its 737 and 767 airplanes.

In 2013, more than >3,000 passengers used the service, mainly on long-haul routes from Moscow to New York, Miami, Tenerife, and cities in Russia’s Far East, including Vladivostok.

February 2014: The Russian government has approved a bill to allow local airlines to sell non-refundable tickets, which will enable local carriers to be more competitive on the international market. It is expected the document will be considered by the State Duma later this fall.

According to Russian Air Code, currently, the airline is obliged to give back the full ticket cost to passengers who cancel their reservations 24 hours before the flight.

Aeroflot (ARO) (CEO), Vitaly Saveliev has said the non-refundable tickets are necessary to launch low-cost carriers (LCCs) in the country. Last year, Aeroflot (ARO) registered a new (LCC) subsidiary called Dobrolet (DBL), which plans to start flights later this year. The new (LCC) is 100% owned by (ARO), which will invest $100 million in (DBL) over the next two years.

Russia’s UTair (TYU) will launch a (LCC) from its base at Yermolino airport in the Kaluga region. Transaero (TRX) has announced a low-cost discount class on existing domestic flights.

Transaero Airlines (TRX) has secured a new two-year distribution agreement with Abacus. With this agreement, travel agents can gain full access to fares, schedules and seat inventory on all routes within Transaero (TRX)’s network at over >20,000 locations.

March 2014: Russia’s and Tunisia’s aviation authorities have agreed to sign a new air service agreement, but it will not change the current situation regarding flights from Moscow and Saint Petersburg.

Both countries agreed to keep in force frequency entitlement of seven flights per week for Saint Petersburg per specified route for each side and 10 flights per week for Moscow per specified route for each side, according to the document published by Russia’s Federal Air Transport Agency, Rosaviatsia.

Industry observers say negotiations between two countries were motivated by Tunisian carriers’ desire to add more flights to their biggest markets – Moscow and Saint Petersburg. But Russian authorities did not agree with that because Russian airlines do not want to expand the number of frequencies on Tunis destinations.

The authorities also agreed to establish up to three scheduled flights per week for each side, in total to/from four cities in Russia: Rostov on Don, Kazan, Krasnodar, Sochi. Two cities were added as possible destinations in Tunisia: Tabarka and Tozeur. Two more points will be specified later.

Charter services between the two countries will be allowed on request by designated carriers within frameworks of national air regulations. “Charter services should not jeopardize scheduled services on the agreed routes,” the document stated.

Transaero (TRX) has signed a leasing deal with China’s (ICBC) Leasing for six new Airbus A321-200s. Deliveries are scheduled between July 2015 and March 2016. The 170-seat airplane comprises 4(F) seats in first class, 8C in business and 158Y in economy. (TRX) is negotiating with another lessor for eight additional A321s for delivery after March 2016. (TRX) said its fleet will include 30 A321s in next five years.

In 2011, Transaero (TRX) signed a deal for four A380s and eight A320neos, becoming the first Russian carrier to order the type. It will take delivery of the A380s beginning next year and the A320neos from 2017 - 2018. In 2015, (TRX) will take delivery of its first Boeing 747-8s and 737-800s.

Russia’s second-largest carrier currently operates 98 airplanes, comprising 20 747s, 14 777s, 14 767s, 45 737s, three Tupolev Tu-214s and two Tu-204-100s.

April 2014: Transaero Airlines (TRX) has reported a 2013 net income of +RUB788 million/+$21.9 million, reversed from a loss of -RUB228 million in 2012. The results are according to International Financial Reporting Standards.

Revenue rose +15.3% to RUB105.9 billion. Operating profit for the year was +RUB10.5 billion, up +31.2%. Fuel costs were RUB39.9 billion, up +17.14% in 2013, making up the 41.9% of (TRX)’s total costs.

Asian destinations made up 25% of revenue, or RUB25.8 million, up +13% year-over-year. Domestic destinations, which made up 24% of revenue, or RUB 25.6 million, was up +22.2% from a year-ago.

In 2013, (RPK)s increased +14.7% to 47 billion.

(TRX) has 100 airplanes in its fleet, comprising 45 Boeing 737s, 22 747s, 14 767s, 14 777s, three Tupolev Tu-204s and two cargo Tu-204s.

In 2015, (TRX) will take delivery of four Airbus A380s, which will be equipped with the highest number of seats (652) compared to other operators of the type. It is the A380 launch customer in Russia, the (CIS) and Eastern Europe.

Transaero Airlines (TRX), which has unveiled the layout of its new fleet of four Airbus A380s, will be equipped with the highest number of seats (652) compared to other operators of the type. Each A380 will have a three-class configuration (imperial (12F seats), business (24C seats) and economy (616Y), which will be placed in the lower and upper decks.

(TRX), which finalized the A380 order in 2012, is the A380 launch customer in Russia, the (CIS), and Eastern Europe. Deliveries are scheduled beginning in 2015. The A380s will be powered by Engine Alliance’s (GP7200) engines.

Currently, Lufthansa (DLH)’s A380 has the largest number of seats (526) comprising 8F in first class, 98C in business class on the upper deck and 420Y in economy class on the lower deck. AirFrance (AFA)’s A380 has 516-seats; in the future, the carrier said it will focus more on airplane sizes such as the A350 and Boeing 787s.

Emirates Airline (EAD), the largest A380 operator, offers 517 seats in a three-class layout. But (EAD) is working on a two-class configuration variant that will enable it to add more seats. (EAD) is considering a move to 11-abreast seating in economy (Y) class.

Thai Airways (TII)’s A380 is configured for 507 passengers, while China Southern (GUN)’s A380 offers 506 seats in a three-class configuration.

Malaysia Airlines (MAS), Singapore Airlines (SIA), Korean Air (KAL), Qantas (QAN), Asiana (AAR), and British Airways (BAB) have ordered a layout with less than <500 seats in different configurations.

May 2014: Transaero Airlines ((IATA) Code: UN, based at Moscow Domodedovo) (TRX) and Aeroflot (((IATA) Code: SU, based at Moscow Sheremetyevo) (ARO) have been banned by the Ukrainian Civil Aviation Authority from serving Kharkov and Donetsk until further notice. On May 5, Kiev indefinitely extended a previous temporary moratorium which expired on May 5.

Collectively, the two airlines continue to serve Dnepropetrovsk, Kiev Borispol, Kiev Zhulyany, and Odessa in the Ukraine.

In the wake of growing unrest in the east of the country, Russian news agency "(RIA) Novosti" said Ukraine last month banned Russian males aged 16 - 60 from entering the country, excepting those traveling with women or children, or those who have documents confirming an invitation from close relatives or serious illness or death in the family.

June 2014: Transaero Airlines (TRX) is set to reopen Moscow Vnukovo - Taipei flights. From July, 3, (TRX) will operate weekly, Boeing 767-300 service between the cities. Last year, (TRX) signed a code share agreement with Taiwan’s China Airlines (CHI) on the Moscow - Bangkok - Taipei route.

Transaero (TRX) originally launched Moscow - Taipei flights in 2002, but stopped the service after a short period due to low demand.

(TRX) is set to launch electronic flight bag (EFB) Class 2, enabling the use of electronic documents on portable devices during all phases of flight. To start the new project stage, (TRX) acquired 1,200 Apple iPad Airs equipped with (EFB)s.

The (EFB) allows (TRX) to optimize fuel efficiency, reducing the time it takes for flight crew (FC) to search and receive necessary documentation before the flight.

In September 2013, Transaero (TRX) received approval from the Russian aviation authorities to use portable (EFB) Class 1, which allows the use of electronic documents on portable devices during the flight, but not during takeoffs and landings.

In March, Saint Petersburg-based Rossiya Airlines (SDM) became the first carrier in Russia to distribute Apple iPads equipped as (EFB)s for pilots (FC), who are able to use them during all flight phases (Class 2). Rossiya (SDM) parent, Aeroflot (ARO) launched (EFB)s in 2012, although they are stationary (EFB)s produced by Goodrich/Carlisle.

(TRX) is the second biggest carrier in Russia. In 2013, it carried 12.5 million passengers. It has a fleet of 98 airplanes, comprising 20 Boeing 747s, 14 777s, 15 767s, 44 737s, three Tupolev Tu-214s and two Tu-204-100Cs.

Transaero (TRX) is the first carrier in Russia to order Airbus A380s, A320neos and Boeing 747-8Is.

July 2014: Transaero Airlines (TRX) has returned to the Taiwan market, which it last served in 2002, following the launch of flights between Moscow Vnukovo (VKO) and Taipei Taoyuan (TPE) on July 2nd. The route, which is flown weekly (Wednesdays) by (TRX)’s 218-seat 767-300s, will face no direct competition. The high demand for a new product is proved by the load factor of the return flight from Taipei to Moscow, which was around 90% LF.

Transaero Airlines (TRX) has signed a letter of intent (LOI) with Airbus (EDS) to purchase 12 A330neos plus eight A330ceos.

The (LOI), announced at the Farnborough Airshow, brought the number of commitments for the A330neo to 121. Airbus (EDS) launched the re-engined A330 at Farnborough on July 14. (TRX) becomes the first European airline to commit to the A330neo.

“The A330s will allow Transaero (TRX) to continue the massive fleet modernization program and to boost its medium and long-haul domestic and international network,” Airbus (EDS) said.

August 2014: Transaero Airlines (TRX) started its 13th domestic connection from its Moscow Vnukovo (VKO) hub on August 2nd, adding flights on the 2,340 km sector to Nizhnevartovsk (NJC). The thrice-weekly service, which will be increased to four times weekly from August 19th, will be operated by the non-allliance carrier’s 128-seat 737-700s. UTair (TYU) will provide the direct competition, offering a daily service on the airport pair. In addition, Aeroflot (ARO) flies to the second largest city in the Khanty-Mansi Autonomous Okrug from its Moscow Sheremetyevo hub twice-daily. From Moscow Domodedovo, both S7 Airlines (SBR) and Ural Airlines (URL) offer daily flights to Nizhnevartovsk.

Ukraine’s State Aviation Administration is requiring Russian airlines, Aeroflot (ARO) and Transaero (TRX), to get permission for each flight over Ukraine. Both carriers pass over the country’s territory, while flying from Russia to Bulgaria, Israel, Turkey, Egypt, and Greece.

Ukrainian authorities said the new rules (which became effective August 14) are necessary because the two carriers “disregard the international rules flying to Crimea.” Both airlines continue to operate flights to Simferopol Airport.

(ARO) estimates it will cost $20 million per year to bypass Ukraine, Interfax reported, quoting (ARO) (CFO), Shamil Kurmashov.

Both carriers previously announced they had changed their international routes to detour flights around Ukraine, after the July 17 Malaysian Airlines (MAS) Boeing 777 MH17 crash, which is widely believed to be a shootdown.

(ARO) has canceled all its flights to Kharkiv and Donetsk, through October 25, and to Odessa and Dnepropetrovsk, until August 31.

Russian aviation authorities have forbidden Ukrainian carriers to fly over Russia, after (ARO)’s new low-cost carrier (LCC) Dobrolet (DBL) had to cease operations, due to sanctions imposed by the European Union (EU).

September 2014: Transaero Airlines (TRX) has reported first-half net income of +RUB750 million/+$20.1 million, up +61% compared to net income of +RUB464 million in the year-ago period. The results are published according to International Financial Reporting Standards.

First-half revenue increased +6.8% to RUB48.6 billion. According to (TRX), revenue has grown +19% on domestic and (CIS) destinations, and +16.3% on destinations in Asia. The number of passengers carried for the period reached 5.75 million, up +4.8% year-over-year.

(TRX) attributed the profit increase to a concentration on its most profitable destinations and cost-cutting programs.

Transaero Airlines (TRX) begins 2x-weekly, Moscow Domodedovo - Astrakhan Boeing 737 service on September 11.

(TRX) plans to start a new service from Moscow to Prague next year if it is successful in securing the traffic rights in October, its Deputy Head External Relations, Alexander Delezha stated.

Speaking in Chicago, Delezha said (TRX) will participate in a tender in October to secure second designation traffic rights after Aeroflot (ARO) to operate to the Czech capital.

If (TRX) is successful in its application “we are ready to launch right from the start of the summer season” he stated.

The tender is the result of Russia and the Czech Republic reaching a wide-ranging agreement to liberalize their bilateral air services earlier this month.

At present, Skyteam (STM) Alliance partners, (ARO) and Czech Airlines provide 28 weekly frequencies between the two capitals on a parity basis.

Delezha said there are “very few markets” in Europe that are still restricted to single designation rights, such as Scandinavia, the Netherlands, and Denmark, but added that the Russian government is now working to liberalize these markets.

Russia’s Federal Air Transport Agency, Rosaviatsia, has distributed the allocations of foreign pilots (FC) that Russian airlines can hire following the passage of air code amendments by the State Duma in April, allowing carriers to hire non-Russian pilots (FC).

In the next 12 months, Aeroflot (ARO) will be able to contract 80 pilots (FC); Transaero (TRX), 67; AirBridgeCargo (ABC), 16; UTair (TYU), 10; Metrojet and VIM-Avia Airlines (MOV), 7 each; Yakutia Airlines (SYL), 5; Saratov Airlines (SOV), 3; Avia Management Group, which operates Dexter Air Taxi, 1.

TransAero (TRX) recruited its 67 foreign pilots (FC).

Russia’s aviation authorities, which is hoping to solve its pilot (FC) deficit problems, now allows 200 foreign captains and instructors to work for local airlines over the next five years. Airlines can contract captains with at least 3,000 flight hours and no fewer than 500 hours on the airplane type.

Before 2014, local airlines were only allowed to hire pilots (FC) who were Russian citizens.

Moscow Domodedovo Airport has concluded a contract to build the second segment of its passenger terminal, which will nearly double terminal space by December 2016 in a RUB27 billion/$723.5 million expansion project.

The airport complex area will be broadened by 235,000 sq m and—taking into account the ongoing project aimed at expanding the first segment of the passenger terminal (will increase to 500,000 sq m).

The new segment of the passenger terminal will include about 100 check-in counters and more than >40 self-service check-in kiosks. The facility will add airplane parking stands and boarding bridges to accommodate very large airplanes, including the Airbus A380.

A new segment of the airport complex is designed to serve international passengers with a two-level technology, which allows departing and arriving passengers to enter and leave the terminal on different levels.

Separately, Russia’s Federal Air Transport Agency, Rosaviatsia, has approved plans for the reconstruction of Domodedovo’s second runway, which will be built at a distance of 287.5 m from the existing runway. After that, the old one will be closed for reconstruction to allow airport operations without any restrictions.

Domodedovo is Russia’s second largest hub; in 2013, it handled 30.76 million passengers.

October 2014: News Item A-1: Transaero Airlines (TRX) posted a first-half net income of +RUB750 million/+$20.1 million, up +61% compared to net income the first half of 2013. It canceled its order for four Boeing 787-8s at the beginning of September.

News Item A-2: (TRX) will begin 2x-weekly, St Petersburg - London Heathrow service on October 29 with a Boeing 737-500. (TRX) will offer a discount class on the flight, offering fare flexibility including free luggage, on board meals and drinks, and with a higher fare for a vacant seat next to the ticket holder’s seat.

(TRX) also will begin 3x-weekly, Moscow Domodedovo - Murmansk on October 10, which will increase to 5x-weekly on October 26. This will also be flown with a 737 with a discount class.

Transaero (TRX) will code share on 5x-daily, Moscow - Istanbul service with Turkish Airlines (THY). (TRX) has nine code share agreements with carriers including Aigle Azur (AZU), airBaltic (BAU), Austrian Airlines (AUL), Belavia (BLV), China Airlines (CHI), Singapore Airlines (SIA), UTair (TYU), and Virgin Atlantic (VAA).

News Item A-3: Russian airlines carried 63.7 million passengers from January - August, up +12.3% compared to the year-ago period. According to Russia’s Federal Air Transport Agency, Rosaviatsia, the number of passengers carried between Russia and the (CIS) during the eight-month period dropped -6.9% to 4.7 million year-over-year.

International boardings (excluding Russia - (CIS) destinations) grew +8.8% to 28 million. Domestic boardings were up +19.6% to 31 million.

Flights between Russian regions and Crimea (previously Russia - (CIS)), which is in the center of the Russia - Ukraine political conflict, are calculated differently than in previous years.

Ural Airlines (URL) passenger traffic was up +18.4% to 15.7 million year-over-year. Transaero (TRX) passenger traffic was up +6.4% to 9.03 million; UTair (TYU) was up +10.7% to 6.2 million; Sibir Airlines (working under (S7) brand) (SBR) was up +15.8% to 5.4 million passengers compared to the year-ago period.

Nordwind Airline (NWD)’s passenger traffic was 3.2 million, up +39.9% during the period. Aeroflot (ARO) subsidiary, Orenair (ORB) reported passenger traffic was down -3.7% to 2.2 million passengers, compared to the year-ago period.

News Item A-4: Russia’s air transport industry needs at least RUB75 billion/$1.85 billion to stabilize in the coming year, according to Moscow-based State Research & Development Institute for Civil Aeronautics.

According to Alexander Fridlyand, Head of Institute’s Scientific Center of Economic Monitoring, Analysis & Forecasting, in 2013 the total annual average monthly income of 41 Russian carriers reached RUB54.231 billion. In the 2014 first half, it was RUB54.825 billion per month. However, operating margins were 0.1% in 2013, and negative (—2%) in the first half of 2014.

Russian media previously reported that at least two big carriers Transaero (TRX) and UTair (TYU)) asked for state guarantees to stabilize their financial situation. (TRX) (CEO), Olga Pleshakova refuted the reports, but later "Interfax" reported (TRX) asked for RUB10 billion in guarantees, referencing sources in the Russian government. Over the summer, UTair (TYU) announced a cost-cutting program, which also includes job cuts.

Russia’s carriers and state authorities are now discussing other options (besides state guarantees) to support the local air transport industry. These include canceling Russia’s value-added tax for domestic flights and amending legislation to create the equivalent of USA Chapter 11 bankruptcy protection, which is designed to allow struggling businesses to restructure.

Aeroflot (ARO) closes its Moscow - Toronto service on October 26, due to low demand, (CEO), Vitaly Saveliev said. In September, Transaero (TRX) also ceased operations on the route.

“The Moscow - Toronto flights do not generate enough income, which is why we decided to close it,” Saveliev was quoted as saying by the (TASS) agency. “We had an idea to get the transfer passengers from India to Canada; we have tried the destination twice, but we did not succeed.” Aeroflot (ARO) operated 2x-weekly, Moscow - Toronto service, while Transaero (TRX) had one weekly flight.

News Item A-5: Transaero (TRX) will suspend services from Moscow Sheremetyevo Airport from the (IATA) winter schedule 2014/2015 due to the renovation of the airport’s northern part, which begins March 1, 2015.

Although (TRX) operates out of the southern terminal, the airport’s infrastructure will be limited during the reconstruction. It has been reported that the airline wants to focus on international leisure destinations at Moscow airports, where it has also developed domestic networks.

(TRX) is considering a return to Sheremetyevo after the first renovation program is completed. Sheremetyevo plans to finish the main construction in 2017 to reopen the terminal before the (FIFA) World Football (soccer) Cup 2018.

(TRX) (CEO), Olga Pleshakova told the "Vedomosti" newspaper the decision to suspend services will help the airline cut costs.

(TRX) will continue to operate flights from Moscow’s Vnukovo and Domodedovo international airports. In the 2014 - 2015 fall - winter schedule, (TRX) will offer 59 routes from Vnukovo and 49 routes from Domodedovo.

Sheremetyevo was a base airport for (TRX) from its launch in 1991 until 2001, when it moved to Domodedovo. Six years later, (TRX) transferred some leisure destination flights back to Sheremetyevo. In 2012, (TRX) transferred some flights to Vnukovo and launched new destinations, including Paris and Milan.

News Item A-6: Transaero Airline (TRX) launches winter seasonal service, including new routes from Moscow to Bratsk, Borno-Alaysk, Kurgansk, Naryan-Mar, Novokuznetsk, Noyabrsk, and Chita. Service to Khabarovsk and Vladivostok increases to 2x-daily. It launches St Petersburg - London service and for the first time in winter, (TRX) will fly St Petersburg - Tel Aviv. Moscow - Berlin service increases to 2x-daily. (TRX) will fly out of Vnukovo and Domodedovo airports in Moscow and flights from Sheremetyevo (SVO) will be moved to either of these, while (SVO) is being renovated over the winter.
(TRX) will code share on Moscow - Istanbul with Turkish Airlines (THY) 5x-daily. (TRX) has nine code share agreements with carriers including AigleAzur (AZU), airBaltic (BAU), Austrian Airlines (AUL), Belavia (BLV), China Airlines (CHI), Singapore Airlines (SIA), UTAir (TYU), and Virgin Atlantic (VAA).

News Item A-7: Transaero’s fleet includes nine Boeing 747-400s, five Boeing 777-300s, 11 Boeing 737-800s and four Boeing 737-700s. Two Boeing 737 Classics are used for corporate charters.

November 2014: News Item A-1: Transaero Airline (TRX) will launch 4x-weekly, Boeing 737 Moscow - Tbilisi services from December 1, less than three months after Russia’s Federal Air Transport Agency, Rosaviatsia, announced scheduled flights could resume between the countries. Aeroflot (ARO) resumed Moscow - Tbilisi service from October 26.

Airlines from the two countries were forced to cease flights to Georgia in 2008 because of political conflict. Later, some airlines, including Russia’s (S7) Airlines (SBR) and Georgian Airways (GEI), resumed Moscow - Tbilisi charter flights only. Several other Russian carriers are considering flights to Georgia now.

Transaero (TRX) began new services: 3x-weekly, Moscow (VKO) - Gorno-Altaysk on a Boeing 737NG; 2x-weekly, Moscow (DME) - Bratsk on a Tupolev Tu-214; 2x-weekly, Moscow (DME) - Kurgan on a 737; daily Moscow (DME) - Murmansk on a 737; 3x-weekly, Moscow (DME) - Naryan-Mar on a 737; 6x-weekly, Moscow (DME) - Novokuznetsk on a 737; 2x-weekly, Moscow (DME) - Ulan-Ude on a Tu-214; 2x-weekly, Moscow (DME) - Chita on a Tu-214; 2x-weekly, Moscow (DME) - Eilat on a Tu-214, using Tu-214, 737 and 767s; 2x-weekly, Saint Petersburg - London on a 737.

News Item A-2: Russia’s Federal Air Transport Agency, Rosaviatsia, said the government has spent RUB3.5 billion/$74 million for regional routes and Kaliningrad routes subsidy programs so far this year.

According to statistics for the first 10 months of 2014, 18 Russian airlines carried 460,000 passengers and operated 10,000 flights. The program includes 94 regional routes.

The government planned to spend up to RUB3.58 billion during the year.

Another subsidy program (flights between Kaliningrad and the country’s main territory) ran from May 15 through October 15, 2014. According to the Rosaviatsia, six airlines carried 220,000 passengers from Kaliningrad, up +14% year-over-year. The government, which had planned to spend RUB468.4 million on the program, used the entire amount.

December 2014: News Item A-1: Transaero Airlines (TRX) has inaugurated its first service to Barnaul (BAX), and its 16th domestic destination from its Moscow Vnukovo (VKO) hub. Beginning on November 28th, the thrice-weekly service will be operated by its 128-seat, 737-700s. The 2,966 km sector will be flown against the incumbent UTair (TYU)'s thrice-weekly operation. (TRX) also begins 4x-weekly, Moscow (VKO) - Tbilisi service on December 21.

News Item A-2: Transaero Airlines (TRX) has asked the government for support in resolving its debt crisis. The "TASS" news agency, quoting unnamed sources, reported (TRX) told the government it may have to cancel flights, which Transaero (TRX) (CEO), Olga Pleshakova has denied.

According to "TASS", (TRX) has unpaid liabilities to fuel suppliers Rosneft (RUB2.5 billion/$45.78 million and Gazpromneft-Aero/RUB 2 billion. In October, (TRX) and Sberbank agreed to try to secure a RUB45 billion syndicated loan for (TRX); however, the (TRX) said the banks are continuing to work this out due to tough economic conditions.

Earlier in December, the Russian government announced it would consider supporting UTair (TYU), which also faces financial difficulties. In July, (TYU) launched a new cost-cutting program, "Impulse," which aimed to reduce costs by -RUB5 billion per year. Its first measure was to reduce management staff by -30%. In November, UTair Finance, a subsidiary of UTair Airline (TYU), entered into technical default on various outstanding bonds. In December, UTair (TYU) announced significant fleet cuts.

Transaero (TRX) is the second biggest airline in Russia. In January - November it reportedly carried 12.4 million passengers, up +6% over a year ago. UTair (TYU) carried 8 million passengers in 11 months, up +5.5% year-over-year.

Following a plea for help from Russia’s second largest carrier, the Russian government has pledged to support financially beleaguered Transaero Airlines (TRX).

According to the "TASS" news agency, Russian Prime Minister, Dmitry Medvedev on Christmas Day signed a government resolution guaranteeing a three-year RUB9 billion/$166 million loan to be provided by (VTB) Bank, which is 60.9% owned by the Russian government.

In return, Transaero (TRX) has agreed to freeze domestic fares in 2015, and reduce fares by -5% to -7% on domestic routes served exclusively by (TRX).

The Russian Ministry of Transport will be responsible for administering the loan, which will be used exclusively to finance (TRX)’s operating activities. According to the government, the loan guarantee will entail no extra burden on the federal budget until after January 2017 when (TRX)’s guarantee-secured liabilities are due to mature.

Just before Christmas, (TRX) (CEO), Olga Pleshakova denied reports that (TRX) might have to suspend operations before the end of the year, because of what the company described as “drastically changing macroeconomic conditions.”

In November 2014, Transaero (TRX) began to implement “a comprehensive set of measures aimed at enhancing its operational efficiency in the rapidly changing current business environment.” Key measures are expected to be implemented within three to six months.

(TRX) said in 2015 it would “continue to focus on enhancing the reliability and accessibility of air transport for Russian residents,” with particular emphasis on routes serving the Southern resorts within the Russian Federation and Russia’s Far East from Moscow and St Petersburg.

(TRX) was launched in 1991 and last year carried 12.5 million passengers with a fleet of 103 predominantly Boeing airplanes.

Russia’s third largest carrier, UTair (TYU), is also seeking a government bailout, after running up debts reportedly worth RUB13 billion. A -40% cut in fleet size is among restructuring measures aimed at slashing costs and bringing (TYU) back to breakeven in 2015.

News Item A-3: Transaero Airlines (TRX) and the Industrial & Commercial Bank of China (ICBC) have signed a partnership agreement to attract funding for the Russian carrier. The (ICBC) will provide a range of legal and marketing services aimed at attracting investments into (TRX), (TRX) said.

In March, Transaero (TRX) and the (ICBC) signed a leasing deal for six Airbus A321s; the first delivery is scheduled for 2015.

Russian airlines are facing financial difficulties due to the economic downturn, leading the carriers to launch cost-cutting programs. (TRX) previously announced it will suspend services from Moscow Sheremetyevo Airport from the (IATA) winter schedule 2014/2015 due to renovation in the northern terminals, which begins March 1, 2015. But Transaero (TRX) (CEO), Olga Pleshakova told the "Vedomosti" newspaper the decision to suspend services will help (TRX) cut costs.

(TRX) also canceled its order for four Boeing 787-8s. The deal, which was finalized in April 2012, was valued at $744 million at list prices.

Transaero (TRX) operates a fleet of 103 airplanes, comprising 20 Boeing 747s, 14 777s, 18 767s, 46 737s, three Tupolev Tu-214 and two Tu-204-100C airplanes. (TRX) has also ordered four Airbus A380s, eight A320neos, 12 A330neos and four Boeing 747-8Is.

News Item A-4: Ukraine’s State Aviation Administration has banned several Russian and Ukrainian airlines on the Moscow - Dnepropetrovsk route from December 1 for safety reasons. The affected airlines are Russia’s Aeroflot (ARO), Transaero (TRX), UTair (TYU) and UTair-Ukraine (UTN) and Dniproavia (UDN).

Aeroflot (ARO) had planned to re-launch Moscow - Dnepropetrovsk service from December 1. (ARO) was supposed to start daily service to Dnepropetrovsk, as well as 2x-daily service to Kharkiv. However, Aeroflot (ARO) had to change plans for both routes due to the latest ban. The Russian flag carrier has also been prohibited from re-launching the Kharkiv route.

Aeroflot (ARO) ceased several Ukrainian routes after Malaysia Airlines (MAS) MH17, a Boeing 777-200ER, was shot down over Ukraine by a surface-to-air missile July 17, while on a scheduled flight from Amsterdam to Kuala Lumpur. All 298 onboard were killed. (ARO) also ceased flights to Donetsk and Odessa.

According to "Interfax-Ukraine," Ukrainian authorities do not have information on a possible ban for Aeroflot (ARO)’s Moscow - Odessa flights. Flights to Donetsk are currently impossible, as the airport in the city was totally destroyed.

January 2015: News Item A-1: Transaero Airline (TRX) carried 13.2 million passengers during 2014, up +5.6% from 2013. The number of passengers on domestic routes reached 3.9 million; on international routes it carried 9.3 million passengers. (TRX) said 1.8 million passengers used the discount class launched at the beginning of 2014.

The average passenger load factor reached 83.5% LF. Cargo volume was 69,333 tonnes, down -0.6% year-over-year.

According to Russia’s Federal Air Transport Agency, Rosaviatsia, in January to November, all Russian airlines carried 86.9 million passengers, up +10.5% year-over-year.

In 2014, Transaero (TRX)’s network reached 260 domestic and international destinations, including 14 new routes. Its fleet expanded with two Boeing 737-800s and four 767-300s. Transaero (TRX)’s fleet consists of 103 airplanes, including 747s, 777s, 767s, 737s, Tupolev Tu-214s and Tu-204 cargo airplanes.

At the end of 2014, the Russian government agreed to bail out Transaero (TRX). Prime Minister, Dmitry Medvedev signed a government resolution guaranteeing a three-year RUB9 billion/$166 million loan to be provided by the (VTB) Bank, which is 60.9% owned by the Russian government.

Just before Christmas, (TRX) (CEO), Olga Pleshakova denied reports that the airline might have to suspend operations before the end of the year because of what the company described as “drastically changing macroeconomic conditions.”

In November 2014, (TRX) began to implement “a comprehensive set of measures aimed at enhancing its operational efficiency in the rapidly changing current business environment,” it said.

News Item A-2: Transaero Airlines (TRX) has received a three-year RUB9 billion/$130 million loan from the (VTB) Bank, backed by the Russian government. According to the (VTB) Bank, the loan will be used to finance (TRX)’s operations. (TRX) has been cooperating with the (VTB) for over eight years, borrowing funds and using the bank’s certificated securities.

“Our company and the (VTB) Bank have been reliable partners throughout this cooperation. We will now use the bank’s financial support to continue our comprehensive program to optimize our operations and increase efficiency. (TRX)’s New Year Holiday Flight Program was the largest to date, carrying 540,000 passengers,” (TRX) (CEO), Olga Pleshakova said.

At the end of December, Russian Prime Minister, Dmitry Medvedev signed a government resolution guaranteeing a three-year loan to (TRX) to be provided by the (VTB) Bank, which is 60.9% owned by the Russian government.

Transaero (TRX), the second largest Russian carrier, faced financial difficulties at the second half of 2014 because of the negative trends in the Russian economy. In October, (TRX) and Sberbank agreed to secure a RUB45 billion syndicated loan for (TRX); however, in December, (TRX) said the banks were continuing to work this out due to tough economic conditions.

In December, (TRX) and the Industrial & Commercial Bank of China (ICBC) signed a partnership agreement to attract funding for (TRX).

In 2014, (TRX) carried 13.2 million passengers, up +5.6% from 2013 with a fleet of 104 airplanes.

News Item A-3: Transaero Airlines (TRX) will launch daily, Moscow - Prague Boeing 737 service from March 29.

In September 2014, Russian and Czech aviation authorities signed a memorandum of understanding (MOU) agreeing that both sides will add one additional carrier on the Moscow - Prague route beginning in the 2015 (IATA) summer season. Each carrier will operate up to 7x-weekly services with any airplane type. A second (MOU) designated additional carriers.

In November 2013, the countries had agreed to authorize second carriers on the Moscow - Prague route in the 2014 (IATA) summer season, but it did not happen because of changes in the Czech government.

It is expected that Travel Service (TSF), which works under the SmartWings (SMW) brand, will become the second designated airline from the Czech side, although the flights launch has not yet been announced.

Currently, only SkyTeam (STM) Alliance carriers, Aeroflot (ARO) and (CSA) Czech Airlines can serve on the Moscow - Prague route. Transaero (TRX) has been operating flights to Pardubice, near Prague, since 1996.

At the end of 2014, the European Commission (EC) approved plans for Travel Service (TFS) to take a 34% shareholding in national carrier (CSA).

News Item A-4: Boeing (TBC) has begun discussions with Russian airlines about potential changes in their fleet development due to the downturn in the country's economy, "Bloomberg" reported, quoting Boeing VP Global Sales, John Wojick. He said scheduled deliveries for 2015 will be fulfilled, as it’s too late for (TBC) to adjust the schedules.

Transaero (TRX) has two 747-8 deliveries planned for this year. Last year, (TRX) canceled its order for four 787-8s and moved the 747-8 delivery from 2016 to 2015.

According to Wojick, Russia accounts for less than <10% of Boeing (TBC)’s total commercial airplane sales.

At the beginning of December, Aeroflot (ARO) (CEO), Vitaly Saveliev told the "TASS" news agency that Russia’s biggest carriers must develop a joint fleet reduction plan, because the “planes fly half-empty.” However, Saveliev did not disclose (ARO)’s plans to postpone deliveries.

Transaero (TRX) and UTair (TYU) responded by saying they will optimize their fleets independently, without coordination with other carriers.

Also in December, UTair (TYU) announced a -40% fleet cut. It plans to ground six Boeing 737-800s, leaving nine of the type in its fleet. It will stop using two 767s and the entire fleet of 15 Bombardier CRJs. (TYU) also does not intend to use six leased Sukhoi Superjet SSJ100s. (TYU) plans to ground all 12 Airbus A321s. (TYU) will also stop operating 11 757s, as part of these airplane types are transferring to UTair (TYU)’s charter subdivision. (TYU) will continue to operate 34 Boeing airplanes (most of which are 737-500s) and 15 ATRs.

February 2015: News Item A-1: Russia’s international traffic was down -15.3% in January, while the number of domestic passengers grew +18.2%.

According to Russia’s Federal Air Transport Agency, Rosaviatsia, all airlines carried 5.8 million passengers in January, up +0.2% year-over-year. The decrease in international traffic is due to the change of currency exchange rates, which are expected to continue falling during the year.

Russia’s charter carrier, Nordwind (NWD) carried 132,211 passengers, down -48% year-over-year.

UTair (TYU), Russia's fourth biggest airline, carried 395,818 passengers, down -29.3%. (TYU) faced difficulties at the end of the year; its subsidiary UTair Finance entered into technical default on bonds last November.

Transaero (TRX) carried 786,568, down -3.8% year-over-year. S7 Airlines (SBR) is down -2.6% to 538,216 passengers, but Globus Airline (GLP), a second member of the S7 (SBR) Group, carried 178,998 passengers, up +39.7% year-over-year.

Aeroflot (ARO), Russia's biggest airline, carried 1.8 million passengers, up +14.1% over a year ago. A member of the Aeroflot (ARO) Group, Saint Petersburg-based Rossiya (SDM), grew +27.2% to 379,310 passengers.

News Item A-2: Transaero Airlines (TRX) has added a twice-weekly (Thursdays and Saturdays) service from its Moscow Vnukovo (VKO) hub to the Indian capital city of Delhi (DEL). While there is no direct competition, the 276-seat, 767-300-operated city pair will see (TRX) face opposition from Air India (AIN) (four times weekly from Moscow Domodedovo) and Aeroflot (ARO) (daily from Moscow Sheremetyevo). The 4,352 km sector began on February 5th. (TRX) operates a second Indian route, a four times weekly service from Moscow Domodedovo to Goa using its 777s. Maybe surprisingly, these four routes are the only current scheduled services between Russia and India.

March 2015: News Item A-1: The Russian government has approved a bill to reduce the value-added tax (VAT) from 18% to 10% for airlines operating domestic flights. The bill, which will change the country’s tax code, will be sent to the State Duma in the near future. The measure will be effective through January 1, 2017.

Prime Minister, Dmitry Medvedev said the initiative is necessary to improve the financial situations of Russian carriers. Last year, several Russian airlines faced significant difficulties due to economic and currency exchange rates changes.

At the end of 2014, the Russian government pledged to support the struggling Transaero Airlines (TRX), UTair Airlines (TYU), and Ural Airlines (URL) are also seeking government guarantees.

Russia’s international traffic was down -14.5% in January - February, while domestic passenger numbers grew +12.4%. UTair (TYU) carried 691,834 passengers for the two-month period, down -33.6%. Transaero (TRX) carried 1.42 million, down -5% year-over-year.

News Item A-2: Spanish budget carrier Vueling (VUZ) and Brussels Airlines (DAT)/(EBA) will launch flights to Saint Petersburg’s Pulkovo Airport in the (IATA) 2015 summer season, despite Russia’s international traffic decrease.

According to a Pulkovo Airport statement, Vueling (VUZ) plans to start Malaga - Saint Petersburg Airbus A320 weekly services in May; services are expected to increase to 2x-weekly in June. (VUZ) currently operates flights to Saint Petersburg from Barcelona and Alicante.

Brussels Airlines (DAT)/(EBA) plans to launch weekly, Brussels - Saint Petersburg Airbus A319 services on March 30.

Russia’s Transaero (TRX) will launch flights to Shanghai; China Southern Airlines (GUN) plans to launch Urumqi flights and Ukrainian International Airlines (UKR) is expected to start flying from Odessa.

Aeroflot Group member Rossiya Airlines (SDM) will launch daily Saint Petersburg - Chisinau Antonov An-148 service, while Air Astana (AKZ) adds flights from Almaty and Astana. (SDM) will also operate 4x-weekly A320 service to Almaty and 3x-weekly services to Astana. Rossiya (SDM) is expected to increase the frequencies at these destinations.

The airlines are increasing the number of flights despite the international traffic decrease, which is due to the change of currency exchange rates. Local airlines are also increasing the number of domestic destinations and flights. In February, Russia’s regional carrier RusLine Airline resumed regional flights from Saint Petersburg to Belgorod, Ivanovo, Kirov and Yaroslavl. Red Wings Airlines (RWZ) is expected to start flights from Saint Petersburg to Grozny, Simferopol, and Makhachkala.

News Item A-3: The Russian government will invest RUB350/$5.7 billion in the country’s airport infrastructure from 2015 - 2020. Russia’s Ministry of Transport, Maxim Sokolov said the investment will enable the reconstruction and construction of new runways at 147 airports (nearly half the airports in the country).

In 2014, five airports at Lipetsk, Vladikavkaz, Makhachkala, Nikolayevsk on Amur and Palana were totally reconstructed or built, according to a statement by Russia’s Federal Air Transport Agency, Rosaviatsia.

Taxiways and platforms were renewed at four airports in Abakan, Voronezh, Petropavlovsk-Kamchatsky, and Samara. In addition, a new airport at Iturup Island in the Russian Far East was built and opened in 2014. Construction began on the new Yuzhny International Airport at Rostov-on-Don in 2014. Airfield reconstruction at Petropavlovsk-Kamchatsky and Krasnodar will be finished and new runways will be launched at Volgograd and Samara in 2015.

According to Russian legislation, the airports can be operated by private companies but the airfields belong to the government, which invests in their renovations. Private companies can invest in the terminal infrastructure.

Sokolov said more than >50 Russian airports increased their traffic more than >20%, while the Russian airline market was up +10.2%.

April 2015: News Item A-1: Russian airlines carried 16.9 million passengers in the first quarter, down -2.3% year-over-year, according to Russia’s Federal Air Transport Agency, Rosaviatsia.

International traffic was down -15.6%, while domestic traffic grew +11.4% year-over-year. The decrease in international traffic is due to the change of currency exchange rates. In January - February, international traffic was down -14.5%.

In January - March, Aeroflot (ARO) carried 5.5 million passengers, up +9.8% year-over-year. Saint Petersburg-based Rossiya (SDM), an Aeroflot Group member, carried 1.035 million passengers, up +21.9% from the year-ago quarter.

Transaero (TRX) carried 2.2 million passengers, down -6% year-over-year. (S7) Airlines (SBR)’s passengers carried are also down -6% to 1.56 million. Globus Airline (GLP), a second member of the (S7) Group, carried 481,251 passengers, up +24% year-over-year. Despite the number of passenger decrease of three out of five of Russia’s biggest carriers, the total market share of the top five airlines has increased from 66.1% to 66.9%, which is due to the closure of several small airlines.

Over the past several months, Russian authorities have suspended or canceled the air operator’s certificates (AOCs) of eight carriers.

Financially troubled UTair (TYU) carried 1.03 million passengers for the three-month period, down -36.1% year-over-year. To stabilize its financial situation, (TYU) has cut its fleet and network.

Traffic for Russia’s charter carriers is also down for the three-month period. Nordwind (NWD) carried 311,016 passengers, down -59.6% year-over-year. IFly traffic was down -58.5% to 72,865. However, Royal Flight cargo charter airline increased its traffic four times year-over-year to 87,196.

News Item A-2: Transaero Airline (TRX) has been authorized by the Federal Air Transport Agency, Rosaviatsia, to use Apple iPads as electronic flight bag (EFB) Class 2 on Boeing 747-400s. (EFB) Class 2 allows the use of an iPad in all phases of flight. (TRX) uses the (UTC) Aerospace Systems airplane interface device (AID). The tablet interface modules (TIM) works with the (AID), allowing the user’s tablet to perform as an (EFB) and access an array of key airplane avionics data such as (GPS) positioning, ground speed and airplane heading.

(TRX) announced it is set to launch (EFB) Class 2 in June last year. To start the new project, (TRX) acquired 1,200 Apple iPad Airs equipped with (EFB)s.

In March 2014, Rossiya Airlines (SDM) became the first carrier in Russia to distribute Apple iPads for use as (EFB)s for pilots (FC). In September last year, the (SDM) said (EFB)s were added to performance specifications of A319, A320 and Boeing 767 airplanes.

News Item A-3: Boeing Shanghai Aviation has signed a maintenance agreement with Russia’s Transaero Airlines (TRX) for its Boeing 767s. The Maintenance Repair & Overhaul (MRO) base has now secured all 767 operators in Russia as heavy-maintenance customers. The first (TRX) 767 was inducted for a "C" check in late January, followed by another airplane nose-to-tail at Shanghai Pudong International Airport.

News Item A-4: Moscow’s Vnukovo International Airport has reported handling 3.2 million passengers in the first quarter, up +23% year-over-year, despite the traffic decrease of its main carriers. The airport cited the growth of Aeroflot Group carriers and Transaero Airline (TRX) for the results.

UTair Airline (TYU), Vnukovo’s main partner, has reported a significant decrease in passenger numbers.

Aeroflot (ARO) subsidiary Pobeda (PBD), which launched flights from Vnukovo in December 2014, reported carrying 189,028 passengers in the first two months of 2015, according to Russia’s Federal Air Transport Agency, Rosaviatsia. Aeroflot (ARO) subsidiaries, Rossiya Airlines (SDM), Donavia and OrenAir also operate flights to Vnukovo. (SDM) showed a +20% passenger growth at the beginning of the year.

Transaero (TRX) now operates from two Moscow airports (Vnukovo and Domodedovo). (TRX) has transferred or launched several international flights to Vnukovo, such as London, Paris, and Prague.

Moscow Domodedovo handled 5.7 million passengers in the first quarter, down -10% from 6.33 million year-over-year.

May 2015: News Item A-1: Transaero Airlines (TRX) has reported a 2014 net loss of -RUB14.5 billion/$255 million. The company restated its 2013 financial results, reversed from a net profit of +RUB788 million to a net loss of -RUB13.3 billion currently (a $406 million difference, according to the exchange rates as of December 31, 2013). The company did not explain the reason for the change.

Full-year revenue for 2014 grew +7.8% to RUB113.7 billion. Operating expenses were down -2.4% year-over-year to RUB109.2 billion.

(TRX)’s net cash position fell -66% to RUB461.5 million. The spending on Maintenance Repair & Overhaul (MRO) fell -50% to RUB5 billion. Creditor liabilities (mainly to suppliers) increased +70.4% to RUB36 billion. At the same time, (TRX)’s fleet grew from 100 to 104 airplanes in 2014.

While the results were published according to International Financial Reporting Standards (IFRS), (TRX)’s auditors (the Russian group Rus (RSM)) heavily qualified their audit opinion with reference to several points where (TRX)s accounting policies differ from the (IFRS).

The auditor voices concern in the following areas: (TRX) has not accepted the airline’s brand valuation of RUB61.2 billion; the company has increased in value nearly +30 times year-over-year from RUB2.1 billion; the name of the valuer is not disclosed.

Rus (RSM) said (TRX) does not make sufficient provisions for airplanes under financial leases. (TRX) does not recognize in its accounts either the positive or the negative value effects of any sale and leaseback operations, according to the Rus (RSM) report. The auditor pointed out the net effect of the company’s selected deviations from (IFRS) rules was not disclosed.

Transaero (TRX) is Russia’s second-largest carrier. In 2014, it carried 13.2 million passengers, up +5.6% from 2013.

Recently, (TRX) took delivery of a new Boeing 737-800, which is part of the Sberbank Leasing deal signed in 2013. The airplane is painted in a new livery reflecting a change in corporate identity.

In January, the carrier received a three-year RUB9 billion loan from the (VTB) Bank, backed by the Russian government. (TRX) asked for government support as the airline faced difficulties because of “drastically changing macroeconomic conditions.”

News Item A-2: Moscow Domodedovo Airport has extended its border control zone by opening a new 6,000-square meter, 22-meter high atrium, which allows the airport to handle arriving and departing passengers at different levels.

The new atrium will also enable the airport to add +24 more passport control channels, from 56 to 80. “The finishing of the next stage of Domodedovo terminal expansion will allow us to optimize the international flights passenger traffic allocation. The Federal Agency for the Development of the State Border Facilities, "Rosgranitsa," together with the airport, plans to continue to implement necessary measures and to finish the checkpoint re-equipment at Domodedovo airport,” the Head of Rosgranitsa Konstantin Busygin said.

According to Rosgranitsa, the authority (in partnership with private investors) is working on the arrangement and development of border checkpoints at 11 airports in Russia.

Last September, Domodedovo concluded a contract to build the second segment of its passenger terminal, which will nearly double terminal space by December 2016. The airport will continue expansion even though its traffic has decreased due to the economic downturn and the move of its biggest partner (Transaero Airlines (TRX)) to Vnukovo Airport.

News Item A-3: TransAero Airlines (TRX) received a Next-Generation 737-800 with a new livery (see photo - - "TRX-737-800 - New Livery-2015-05.jpg). It had a recognizable "bump" on the fuselage just behind the wings. The dome-shaped radome covers a Ku-band satellite antenna system that enables broadband passenger connectivity all over the world - even over oceans. The Ku-band range of microwave frequencies is used primarily for satellite communications.

This 737-800 was the first to have the system installed during production.

July 2015: News Item A-1: Russian aviation authorities have designated several carriers on routes between Russia and Georgia.

Transaero (TRX) received permission for a maximum 7x-weekly, Moscow - Batumi service; (S7) Airlines (SBR) was authorized for maximum 7x-weekly, Moscow - Batumi and Moscow - Kutaisi services. Ural Airlines (URL) was designated for 2x-weekly service on Rostov-on-Don - Tbilisi, Yekaterinburg - Tbilisi and Yekaterinburg - Batumi routes. Ural Airlines (URL) was approved to operate 7x-weekly services on St Petersburg - Tbilisi, Moscow - Kutaisi, Moscow - Batumi and St Petersburg - Batumi routes. (URL) launched weekly, Moscow - Batumi service on July 7, which will increase to 2x-weekly from July 20. On July 13, (URL) is starting weekly, St Petersburg - Tbilisi service. (VIM) Avia (MOV) was designated for weekly service on the Moscow - Kutaisi route.

At the end of last year, the number of flights between Russia and Georgia (primarily between the capitals Moscow and Tbilisi) caused a dispute. In January, it was temporarily agreed to allow the carriers of each country to operate 18x-weekly flights on the Moscow - Tbilisi route. Currently, flights between the capitals are performed by Georgian Airways (GEI) and Aeroflot (ARO), (S7) Airlines (SBR), and Transaero (TRX).

In April, Georgian airlines (GEI) won the right to operate scheduled flights to seven cities in Russia: Moscow, St Petersburg, Samara, Yekaterinburg, Sochi, Rostov-on-Don, and Mineralnye Vody. Russian carriers won the right to fly to Tbilisi, Batumi, and Kutaisi. “In accordance with the agreement, the frequency of flights on route Tbilisi - Moscow will come to 18 frequencies for each side, and in the summer navigation season (21 frequencies),” Georgia’s Ministry of Economy & Sustainable Development said earlier this year. “The number of passengers between Russia and Georgia has grown by +49% from November 2014 to February 2015 compared to the same period of the previous year. The mentioned growth is extremely important since the flow of passengers is generally the lowest in this period of the year,” the Ministry added.

News Item A-2: Transaero Airlines (TRX) will shortly take delivery of its first A321-200 ahead of its entry into commercial service at the end of this month. A321-200 (6678, EI-VKO) is slated to begin 2x-daily flights from Moscow Vnukovo to Almaty, Kazakhstan on July 31 with daily services to Astana and Paris Orly to follow on October 25.

(TRX) is to lease six A321-200s from China's (ICBC) Leasing with deliveries to run from now through to March 2016.

Given Russia's current grim economic outlook, it is uncertain whether (TRX) will pursue previously announced goals of operating thirty A321s by 2019.

Later, Transaero Airlines took delivery of the first of six Airbus A321-200s on lease from China’s (ICBC) Leasing as part of its fleet renewal and business efficiency enhancement programs. Before the end of the year, Transaero will get three more aircraft.

(TRX) said it will operate the first A321-200 on high-demand, medium-range routes from Moscow to Paris, Tel Aviv, Astana, Almaty, and Novosibirsk. The A321-200 is configured in a dual-class 184-seat cabin layout, which changed from a 170-seat, triple-class layout when it was first announced.

At the end of last year, the Russian government agreed to support (TRX). In 2014, (TRX) spent RUB5 billion/$88.9 million on Maintenance Repair & Overhaul (MRO), down -50% year-over-year. Creditor liabilities (mainly to suppliers) increased +70.4% to RUB36 billion. At the same time, Transaero (TRX)’s fleet grew from 100 to 104 airplanes last year, consisting of Boeing 777s, 747s, 767s, 737s, Tupolev Tu-214s and Tu-204s.

August 2015: News Item A-1: Russian airlines carried more than >125,000 passengers on Kaliningrad - Moscow and Kaliningrad - Saint Petersburg routes within the framework of Kaliningrad subsidy program for the first four months. According to Russia’s Federal Air Transport Agency, Rosaviatsia, since April 15, 2015, RUB269 million/$4.09 million was spent for subsidies, 64% of its budget of RUB420 million.

The program started will continue through October 15, 2015. Six airlines take part in the subsidy program: Aeroflot (ARO), Transaero (TRX), Ural Airlines (URL), UTair (TYU), S7 Airlines (SBR), and Red Wings Airlines (RWZ).

It is expected that 190,000 passengers will be carried within its framework, down 14% from the year-ago period; 150,000 will be carried on Kaliningrad - Moscow, and 40,000 on Kaliningrad - Saint Petersburg.

Russian authorities launched the Kaliningrad subsidy program in 2011. Kaliningrad is a Russian exclave situated west of the country and does not border the main territory. It is surrounded by Poland and Lithuania.

News Item A-2: Russian airlines have carried 306,000 passengers since spring on routes between the Russian Far East and other parts of the country under a government subsidy program, according to Russian figures just released.

The current subsidy program runs from April 1 through October 31 and applies to destinations in the extreme eastern parts of Russia, between Eastern Siberia and the Pacific Ocean. Eleven Russian airlines (Aeroflot (ARO), Transaero (TRX), Yakutia (SYL), Alrosa, UTair (TYA), VIM Avia (MOV), Ural Airlines (URL), OrenAir (ORB), S7 Airlines (SBR), Ikar, and NordStar (JSC)) are part of the program, and are flying a total of 44 routes between 29 cities in eight federal regions of the country.

According to figures released August 24 by Russia’s Federal Air Transport Agency, Rosaviatsia, Russia has so far this year spent RUB2.072 billion/$30.4 million on subsidizing these operations (61% of the program’s RUB 3.372 billion budget).

Russian authorities first began a Far East subsidy program in 2009.

September 2015: News Item A-1: "Aeroflot (ARO) to Acquire Transaero Airlines (TRX)" by (ATW) Linda Blachly, September 1, 2015.

Russia’s largest airline, Aeroflot (ARO), will acquire Transaero Airlines (TRX), according to a (TRX) statement.

A government commission backed the acquisition in a meeting led by First Deputy Prime Minister, Igor Shuvalov, (TRX) said.

“In the interests of the development of commercial aviation and creating one of the largest in the world group of airlines, the commission has approved the acquisition of Transaero Airlines (TRX) by the Aeroflot Group. The shareholders of (TRX) believe this measure will serve the interests of passengers, personnel and partners of the airline.”

In May, Transaero (TRX) reported a 2014 net loss of -RUB14.5 billion/-$255 million. The Aeroflot (ARO) Group reported a 2015 first-half net loss of -RUB3.54 billion, narrowed from a net loss of -RUB1.91 billion in the year-ago period.

Later on September 2, Aeroflot (ARO), which revealed plans to buy Transaero Airlines (TRX) September 1, said it will acquire 75% plus one share of (TRX) for RUB1/1.53 US cents, (TASS) news agency reported, quoting Russia’s Deputy Prime Minister, Igor Shuvalov.

If the transaction is approved by (ARO)’s board of directors, the Aeroflot Group will have half the Russian airline market.

The deal follows (TRX)’s increasing debt burden. In the 2015 first half, its loans and similar liabilities reached RUB67.5 billion/$1.2 billion.

At the end of December 2014, Russian Prime Minister, Dmitry Medvedev signed a government resolution guaranteeing a three-year RUB9 billion loan to be provided by the (VTB) Bank, which is 60.9% owned by the Russian government. In return, (TRX) agreed to freeze domestic fares in 2015, and reduce fares by -5% to -7% on domestic routes served exclusively by (TRX).

On January 30, 2015, (TRX) received a three-year RUB9 billion loan from the (VTB) Bank, backed by the Russian government. According to the (VTB) Bank, the loan was planned to be used to finance (TRX)’s operations.

News Item A-2: Transaero Airlines (TRX) (CEO), Olga Pleshakova has resigned and has become Chairman of the board. Dmitry Yerzakovich was initially appointed as the new (CEO). However, the latter lasted for under a week, before in turn being replaced by Aeroflot (ARO) executive, Dmitry Saprykin.

Former Board Chairman, Alexander Pleshakov remains as a board member & Managing Director. (TRX) said the management appointments were decided at (TRX)’s board meeting on August 31, and are not related to the acquisition by Aeroflot (ARO) announced September 1. On September 2, it was disclosed that (ARO) was ready to buy 75% plus one share in Transaero (TRX).

(TRX) did not disclose reasons for the deal, but the decision was made because of its increasing debt burden. In the first half of 2015, (TRX)’s loans and similar liabilities reached RUB67.5 billion/$1.2 billion, although according to the "Kommersant" newspaper, the total debt could be as high as RUB260 billion.

On September 2, Pleshakov released a statement saying neither (TRX) management nor shareholders initiated the deal. According to Pleshakov, they had suggested different scenarios for (TRX)’s bail out.

News Item A-3: Aeroflot (ARO) has agreed to be involved in the restructuring of Transaero Airlines (TRX), (ARO) said. The board decision comes three days after it agreed to acquire 75% plus one share of (TRX) for RUB1/1.53 US cents.

In making the decision, (ARO) said it “took into account the factor of high social tension in the airline market.” The board requested Aeroflot (ARO) management to immediately develop necessary steps to insure operational control of (TRX) and to provide (ARO) with corporate control during the restructuring.

Aeroflot (ARO) also agreed to include Sberbank as a financial consultant for the process. Sberbank is one of Transaero (TRX)’s biggest creditors. (TRX)’s overall debt to Sberbank has reached RUB250 billion, Interfax agency reported quoting Sberbank President, Herman Gref. Gref added that the exact volume still has to be agreed between the parties. This amount includes payments and principle under lease agreements with Sberbank Leasing, a subsidiary of Sberbank. Gref blamed Transaero (TRX) management for (TRX)’s problems.

News Item A-4: Transaero Airlines (TRX) reported a 2015 first-half net loss of -RUB3.2 billion/-$57.6 million, narrowed from a RUB10.4 billion net loss in a year-ago period. First-half revenue grew +5.1% to RUB50.7 billion.

Passengers carried in the first half remained flat year-over-year—5.8 million. (RPK)s decreased -11% to 19.3 billion.

Transaero (TRX) reported its first-half capital is negative—RUB52.6 billion—compared to a positive capital of RUB4.8 billion in the 2014 first half. Loan sums and financial lease liabilities have grown +59.6% to RUB149.9 billion from RUB93.9 billion in the year-ago half. Operational lease liabilities have increased +84.9% from RUB24.5 billion to RUB45.3 billion.

On September 3, Aeroflot (ARO) agreed to be involved in the restructuring of Transaero (TRX), due to its debt burden. The board decision came three days after it agreed to acquire 75% plus one share of (TRX) for RUB1/1.53 US cents.

October 2015: News Item A-1: "Aeroflot drops plans to acquire Transaero; bankruptcy imminent" by (ATW) 2015 Polina Montag-Girmes, October 1, 2015.

Aeroflot (ARO)’s plans to acquire Transaero Airlines (TRX) have fallen through and the Russian government will allow (TRX) to enter bankruptcy, placing (TRX)’s future in serious doubt.

The Russian government has ruled out rescuing (TRX). The government decided Transaero (TRX)’s debt burden was too high for a bailout to be viable.

On September 1, it was announced Aeroflot (ARO) would acquire struggling (TRX). (ARO), Russia’s largest airline, was ready to buy 75% plus one share of (TRX) for RUB1/1.53 US cents. But (ARO), which is 51%-owned by the Russian government, backed out of the deal when (TRX)’s shareholders, which are led by Alexander and Olga Pleshakova, failed to consolidate 75% plus one share of the airline’s ownership by September 28 in order to facilitate the Aeroflot (ARO) acquisition.

The September 28 deadline had been agreed to with (ARO), which refused to give (TRX)’s shareholders more time.

Also, Russian media reported that (TRX)’s main creditors could not come up with a solution for the airline’s debt problem. (TRX)’s overall debt reached RUB250 billion, the Interfax agency reported, quoting Sberbank, President Herman Gref, Sberbank as one of (TRX)’s biggest creditors.

Aeroflot (ARO) has guaranteed it would fulfill obligations to (TRX) passengers who otherwise would be stranded if (TRX) ceases operating. “The passengers will be carried or will be able to get a refund,” (ARO) (CEO), Vitaly Savelyev said October 1.

News Item A-2: "Transaero (AOC) Canceled; (S7) Co-owner Buys 51% of Shares" by (ATW) Polina Montag-Girmes, October 21, 2015.

Transaero Airlines (TRX)´s air operator´s certificate (AOC) was to be canceled from October 26, Russia’s Federal Air Transport Agency, Rosaviatsia, reported. According to the statement, “(TRX) is unable to service and repay its debt, as well as fund its operations. That does not meet certification requirements of Federal Aviation Regulations (FAR).” The decision was made by the authorities after (TRX)’s unscheduled audit took place on October 6 - 20.

Aeroflot (ARO) had planned to acquire Transaero (TRX), but later dropped plans, saying (TRX) shareholders failed to consolidate 75% plus one share. It was supposed to save (TRX), the second biggest airline, which has suffered a growing debt burden. According to Russia`s Sberbank President, Herman Gref, Transaero (TRX)`s overall debt to creditors reached RUB250 billion/$4 billion.

The day before authorities announced the (TRX) (AOC) decision, Russia´s "(RBC) Daily" reported Vladislav Filev, (S7) Group co-owner, bought 51% of (TRX) shares. New shareholders will try to escape the (TRX) bankruptcy, the "(RBC) Daily" reported, quoting Filev. Sberbank has already filed a bankruptcy claim against (TRX). The claim was registered in Saint Petersburg City Arbitration Court on October 19.

After news of the (S7) deal, shares of Transaero (TRX) at the Moscow Exchange grew from RUB6.8 to RUB17.51 per share by 5:30 pm Moscow time.

News Item A-3: "Aeroflot Receives 56 International Routes from Transaero" by (ATW) Polina Montag-Girmes, October 26, 2015.

Russian authorities have canceled 141 of the defunct Transaero Airlines (TRX)’s international route designations and have transferred 56 of them to Aeroflot (ARO) and subsidiary Rossiya Airlines. The designations, which took effect October 22, are approved for one year and may be extended.

(TRX) ceased operations on October 26 after its air operator’s certificate (AOC) was canceled by Russia’s Federal Air Transport Agency, Rosaviatsia.

(ARO) received designations for several routes between Russia and Kazakhstan (including on routes from Moscow to Astana, Almaty, Aktau, Atyrau, Kokshetau, and Shymkent).

Due to the strict bilateral agreement between Russia and Kazakhstan, Aeroflot (ARO) has not been able to gain a market share in that region.

(ARO) also received designations for European routes that have been liberalized during the last several years and ones where (TRX) was the second Russian-designated carrier, such as routes including Moscow to Rome, Milan and Paris; Saint Petersburg to Rome and Milan; and Moscow to New York. It has also received other designations for popular routes such as from Moscow to London, Vienna, Tel Aviv, Istanbul, Dubai, and Salzburg.

News Item A-4: "Transaero Appoints New CEO" by (ATW) Polina Montag-Girmes, October 28, 2015.

Transaero Airlines (TRX)’s board of directors has appointed Valery Zaitsev as the new company’s (CEO). The board meeting took place October 23 and the results were disclosed by Interfax on October 27.

(TRX) ceased flights October 26 after its air operator’s certificate (AOC) was canceled by Russia’s Federal Air Transport Agency, Rosaviatsia, due to financial and safety concerns.

However, at the same time it was announced that Vladislav Filev, (S7) (SBR) Group co-owner, bought 51% of (TRX) shares. New shareholders are trying to escape the (TRX) bankruptcy.

Zaitsev, who has a pilot (FC)’s license, was previously a deputy Flight Director in the company. He succeeds Dmitry Saprykin, Aeroflot (ARO)’s (CEO) Advisor, who was Transaero (TRX)’s (CEO), when the deal with (ARO) was planned.

(TRX)’s longstanding (CEO) and co-Founder, Olga Pleshakova resigned after the Aeroflot (ARO) deal announcement; the new protégé, Dmitry Yerzakovich, who was appointed at the beginning of September has not managed the carrier for a sustainable period.

November 2015: (S7) (SBR) Group co-owner, Vladislav Filev (who bought 51% of Transaero (TRX) shares right before authorities pulled its air operator’s certificate (AOC)) has pulled out of the deal.

The official reason given is that (TRX) owners failed to consolidate 51% of shares that are free and discharged. But (TRX) Co-Founder, Alexander Pleshakov accused Filev of the deal collapse. He insisted Filev knew that part of the shares was pledged, when the agreement was signed October 20.

Pleshakov added that he heard about a meeting of Filev and Aeroflot (ARO) management took place on November 2, after which he was informed about the deal failure. Pleshakov said the agreement with Filev is still effective and Filev’s statement is in violation.

(ARO) had previously planned to acquire (TRX) to save Russia’s second biggest airline, which had a growing debt burden. However, Aeroflot (ARO) later dropped its plans, saying (TRX) shareholders failed to consolidate 75% plus one share. According to Russia’s Sberbank President, Herman Gref, (TRX)’s overall debt to creditors had reached RUB250 billion/$4 billion.

December 2015: The Arbitration Court of Saint Petersburg and Leningrad region has put Transaero Airline (TRX) under external supervision, in a decision published on the court’s website December 16. Russia’s Sberbank filed a bankruptcy motion against Transaero (TRX) on October 19, after Aeroflot (ARO)’s plans to acquire (TRX) fell through.

(TRX)’s overall debt reached RUB250 billion/$3.72 billion, Interfax agency reported September 4, quoting Sberbank President, Herman Gref. Sberbank is one of (TRX)’s biggest creditors. Russia’s Federal Air Transport Agency, Rosaviatsia, suspended (TRX)’s ticket sales from October 1, 2015. (TRX)’s air operator’s certificate (AOC) was canceled October 26.

Aeroflot (ARO) carried (TRX) passengers through December 15. Since the beginning of September, (ARO) said it has carried 1.9 million Transaero (TRX) passengers.

January 2016: Aircraft leased by Transaero Airline (TRX) were not maintained properly in a disregard of lease agreements, Sberbank President, Herman Gref told Russia´s TV "Rossiya 24" at the end of December 2015.

“As long as we work with that case, we discover new surprises. We have discovered unreliable financials and that aircraft were not maintained properly. Most of the aircraft are not in working order, while the debts to Maintenance Repair & Overhaul (MRO) providers are significant and we discover new debts. We do not have any contacts with the owners. I would recommend the owners to contact creditors and to be more loyal to us,” Gref said.

Sberbank was one of the main Transaero (TRX)´s creditors, while its subsidiary Sberbank Leasing was one of (TRX)’s lessors.

The bank filed a bankruptcy claim against (TRX) on October 19, after Aeroflot (ARO)’s plans to acquire Transaero (TRX) fell through. Its air operator’s certificate (AOC) was canceled from October 26, 2015. The Arbitration Court of Saint Petersburg and Leningrad region put (TRX) under external supervision, in a decision published on the court’s website on December 16.

At the end of October 2015, it was announced (ARO) would lease 14 former (TRX) airplanes from Sberbank Leasing. The deal included 10 Boeing 737-800s planned for delivery in 2016 and four 747s.

April 2016: News Item A-1: Transaero Airlines (TRX) (which ceased operations in October 2015) has paid RUB320 million/$4.65 million out of a RUB1.5 billion debt to Moscow Vnukovo International Airport. The payments were made in November, December and January, Vnukovo board Chairman, Vitaly Vancev said on April 5.

In February 2012, Transaero (TRX) moved part of its operations from Domodedovo to Vnukovo airport, where it transferred and launched several European routes such as London, Rome, Milan, Venice, and Paris. The airport has had stable growth over the past few years, but is losing passengers after Transaero (TRX)’s bankruptcy last year.

According to Russian authorities, Vnukovo handled 1.4 million passengers in January - February 2016, down -26% year-over-year.

Vancev owned 4.5% of Transaero (TRX) shares, (RIA) Novosti disclosed last year, quoting the Vnukovo board Chairman.

July 2016: "767 Impounded at Hong Kong Airport May Be Sold" by Danny Lee, "South China Morning Post" July 03, 2016.

Anyone interested in buying a Boeing 767 impounded for the past eight months at Hong Kong's airport?

The Airport Authority is considering selling off the 767, owned by TransAero (TRX) a defunct Russian airline, after it failed to pay outstanding parking fees, according to a court document.

In rare move, the city's aviation bosses are seeking to claw back money owed by Transaero Airlines (TRX), enforcing the Airport Authority Ordinance, which empowers them to put up for sale a detained plane whose owner defaults on charges.

But whatever amount the aircraft may fetch, under the ordinance it is unlikely that the authority will be able to pocket the entire windfall.

A spokeswoman for the authority told the Post that the aircraft in question was currently still at the airport, but gave no details about sales arrangements. It is understood the sell-off would be the first time the ordinance had been invoked against a commercial airline.

In April, the authority announced that the 24-year-old Boeing 767 had been detained since late December last year, after (TRX) failed to pay an unspecified amount of outstanding parking fees.

Assuming the erstwhile carrier has not paid the parking fees for the past eight months, the unpaid dues, by a Post estimate based on the airport's rates, could amount to more than HK$2 million.

Russia's one-time biggest private airline was heavily indebted and the Moscow-based carrier eventually ceased operations in October last year.

Flight UN965 took off from Moscow Domodedovo airport for Hong Kong, arriving on October 26, a day after the airline's air operating licence was revoked. It was (TRX)'s last flight.

Following the sanctions, the 767 was grounded and left languishing in the city, awaiting progress on the winding up of its parent company.

The Airport Authority has revealed few details about efforts, if any, to pursue the outstanding amount. In the financial year that ended on March 31, airport charges, including parking fees, totalled HK$4.1 billion, represented nearly 23% of Hong Kong International Airport's total revenue.

About two months after making the public announcement, the authority proceeded to apply for the High Court's approval on Thursday to sell the plane.

Officially, the proceeds of the possible sale would have to be used to pay the parking debt incurred by the airline, and the amount left over would pay off any claimants who need to be compensated for losses.

September 2017: Transaero Airline (TRX) has been declared bankrupt by the Commercial Court of Saint Petersburg and Leningrad region, Russia’s "TASS" agency reported September 13.

Russia’s Sberbank filed a bankruptcy motion against (TRX) on October 19, 2015; the court put (TRX) under external supervision in December 2015.

External supervision representatives said at the court September 13 they had seen characteristics of premeditated bankruptcy, (TASS) reported. Since 2012, Transaero (TRX)'s financial condition had declined and accounts had been disfigured. Creditor claims now reach RUB329 billion/$5.7 billion, (TASS) said, quoting bankruptcy supervisor representatives.

(TRX) owns 9 airplanes, but only 1 is registered in Russia and based at Moscow Vnukovo Airport. The location of other airplane is unknown.

In 2015, (TRX) as Russia's 2nd biggest airline asked for government help as financial conditions deteriorated.

On September 1, it was announced Aeroflot (ARO), Russia's largest airline, would acquire the struggling (TRX). (ARO) was ready to buy 75% plus one share of (TRX) for RUB1. But (ARO), which is 51%-owned by the Russian government, backed out of the deal when (TRX)'s shareholders, led by Alexander and Olga Pleshakova, failed to consolidate 75% plus one share of (TRX)’s ownership by September 28 in order to facilitate the (ARO) acquisition.

(ARO)’s air operator’s certificate was canceled from October 26, 2015.



* ACCORDING TO AIRLINER WORLD IN http://www.airlinerworld.com
IN 2015, TRANSAERO AIRLINE (TRX) WAS LISTED AS ONE OF THE AIRLINE FAILURES ACCORDING TO THE GLOBAL AIRLINE GUIDE.

Fleet:
(definitions)

Click below for photos:
TRX-737-500 EI-DTX DEC06
TRX-737-700 - 2015-09.jpg
TRX-737-800 - 2015-07.jpg
TRX-737-800 - New Livery-2015-05.jpg
TRX-737-824-MAY09
TRX-747
TRX-747 - Save Siberian Tiger.jpg
TRX-747-219B
TRX-747-444-JAN09
TRX-767-216ER-Z
TRX-767-300 - 2014-09
TRX-767-300ER
TRX-767-3Q8ER
TRX-777-200ER-2014-05
TRX-777-200ER-SEP08
TRX-A320neo - 2011-10
TRX-A321-200 - 2015-07.jpg
TRX-A380 - 2011-10
TRX-TU-134A-3
TRX-TU-214 2009-10
TRX-TU-214-JAN09

September 2017:

0 737-2C9 (JT8D-15) (501-21443, /77 VP-BTA; 516-21444, /78 RA-73000), EX-(LUX), (FVN) LSD, (TRX) MAY BUY, WFU. 21C, 77Y.

0 737-236 (JT8D-15A) (656-22028, /80 RA-73001; 742-22032, /81 RA-73000; 751-22034, /81 RA-73002), EX-(BAB), (FVN) LSD, 22032 RTND FINAVION, LST (PTB) 2001-08, 21C, 77Y.

1 737-3S3 (CFM56-3C-1) (3061-29245, /98 EI-ERP), (SALG) LSD 2011-05. 8C, 42PY, 72Y.

1 737-31S (CFM56-3C1) (29056, EI-DOH), ex-(VT-SAX) 2011-08.

2 737-329 (CFM56-3B2) (1432-23772, /87 EI-CXN; 1709-24355, /89 EI-CXR), (TCI) LSD 2002-06. 23772; EX-EAST. 8C, 42PY, 72Y.

1 737-36Q (CFM56-3C-1) (2928-29056, /97 EI-DOH), TRANSALPINE LSG LSD 2011-08, 8C, 42PY, 72Y.

0 737-4S3 (CFM56-3C1) (1720-24165, /89 EI-DDK), EX-(JAT), (TBC) LSD 2003-11. RTND. 16C, 120Y.

1 737-4S3 (CFM56-3C1) (1722-24166, /89 EI-DNM), (TBC) LSD 2006-03. 8C, 42PY, 72Y.

1 737-4S3 (CFM56-3C1) (2255-25596, /92 EI-CXK), EX-(SNF), (ILF) LSD 2004-09. 8C, 42PY, 72Y.

1 737-4YO (CFM56-3C1) (1781-24519, /89 EI-CZK 8/04, (BBB) LSD; 1988-24904, /91 EI-DDY, 2004-04, (DEA) LSD. 24519; RTND. 8C, 42PY, 72Y.

1 737-5K5 (CFM56-3C1) (2022-25037, /91 VP-BPA), AERGO CAPITAL LSD 2007-07. 8C, 42PY, 51Y.

1 737-5K5 (CFM56-3C1) (2044-25062, /91 VP-BPD), 8C, 42PY, 51Y.

0 737-5Q8 (CFM56-3C1) (2965-28052, /97 EI-DTX - SEE PHOTO), (ILF) LSD. RTND. 8C, 42PY, 51Y.

3 737-5YO (CFM56-3C1) (2150-25175, /91 EI-DTU; 2218-25183, /92 EI-DTV; 2238-25188, /92 EI-DTW), (GEF) LSD 2007-01. 8C, 42PY, 51Y.

11 737-524 (CFM56-3C1) (2776-27540, N33637, 2008-05; 2993-28915, /97 EI-UNG, 2011-05; 3019-28917; 3026-28918; 3026-28918, N23657, 2008-01; 3045-28919, /98 VP-BYQ, 2010-05; 3048-28920; 3052-28921, /98 VP-BYI, 2007-10; 3055-28922, /98 VP-BYO; 3060-28923, /98 VP-BYG, 2007-11; 3063-28924, /98 VP-BYN; 3066-28925, N14664, 2008-05; 3069-28926, /98 N13665, 2007-12; 3074-28927, /98 VP-BYP; 3077-28928, /98 VP-BYT, 2009-08), BF (CAL). 28926; WET-LST (TYU) 2007-12 AS (VP-BVL). 28925; WET-LST (TYU) 2008-05. 8C, 42PY, 51Y.

0 737-7K9 (CFM56-7B24) (19-28088, /98 N100UN "BAVARIA;" 25-28089, /98 N101UN "SEATTLE"), (BAV) LSD. 28088; & 28089: RTND. 16C, 99Y.

1 737-7K9 (CFM56-7B24) (34321, EI-RUM), EX-(B-5108), AMENTUM AIRCRAFT LSG LSD 2013-12. 16C, 99Y.

0 737-73S (CFM56-7B) (98-29076, N102UN; 104-29077, N103UN), RTND (PEB), TO (GER).

2 737-8K5 (CFM56-7B27) (45-27980, /98 EI-EDZ, 59-27989, /98 EI-EEA), (NBB) LSG LSD 2009-06. WITH WINGLETS. 8C, 66PY, 90Y.

1 737-8K5 (CFM56-7B27) (824-27980, EI-EDZ - - SEE PHOTO - - "TRX-737-824-2009-05"), EX-(CAL) 2009-05. WITH WINGLETS. 8C, 66PY, 90Y.

1 737-8K5 (CFM56-7B27) (450-30498, /99 EI-RUA), (VEBL) LSD 2012-01. WITH WINGLETS. 8C, 66PY, 90Y.

1 737-81Q (CFM56-7B) (29049, EI-RUJ), EX-(N982CQ), 2013-06. 66PY, 90Y.

1 737-85P (CFM56-7B-26) (2338-33982, /07 EI-RUB), (ALE) LSD 2011-12. WITH WINGLETS. 8C, 66PY, 90Y.

2 737-86J (CFM56-7B-26E) (3709-36883, /11 EI-UNJ; 3750-36119, /11 EI-UNK), JACKSON SQUARE LSD 2011-08, EX-(D-ABKX). WITH WINGLETS. 8C, 66PY, 90Y.

1 737-86R (CFM56-7B) (30495, EI-RUD), EX-(B-2665), ALAFCO (ALV) LSD 2012-07.

12 ORDERS (2015-02) 737-800 (CFM56-7B), SBERBANK LEASING LSD:

3 747-219B (RB211-524D4) (523-22722, /81 VP-VQE, 2006-03; 527-22723, /81 VP-BQA; 528-22724, /81 VP-BQB; 563-22725, /82 VP-BQC; 568-22791, /82 VP-BQH), EX-(VAA) 2005-02. HAD PLANNED TO WITHDRAW FROM SERVICE BY 2010 AND CONVERT TO FREIGHTERS. 22723; 22724; RTRD. 12C, 484Y.

1 747-267B (RB211-524D4) (566-22872, /82 VP-BPX), ROSBANK LSD 2006-08. 12C, 484Y.

1 747-338 (602-23222), EX-(N747ZZ), MIDAIR USA LSD.

2 747-346 (JT9D-7R4G2) (640-23482, /86 VP-BGU; 668-23640, /87 VP-BGY), BF (JAL). TOPSKY FINANCE LSD 2007-02. 12C, 442Y.

1 747-346 (JT9D-7R4G2) (695-24019, /88 VP-BGW), BF (JAL) 2007-02. ROSBANK LSD. 12C, 442Y.

1 747-346 (JT9D-7R4G2) (716-24156, /88 VP-BGX), BF (JAL) 2007-02. ROSBANK LSD 2008-04. 12C, 442Y.

2 747-4F6 (CF6-80C2B1F) (1158-28959, /98 VQ-BHW; 1167-28960, /98 VQ-BHX), (BBB) LSD 2010-06, EX-(SAA), EX-(ZS-SBK). 11F, 56C, 285Y.

8 ORDERS 747-400, EX-(JAL):

3 +2 ORDERS 747-412 (PW4056) (1241-29950, /00 EI-XLK; 1266-28031, /01 EI-XLL; 1270-28028, /01 EI-XLM), EX-(SIA). LSD 2011-08. 11F, 56C, 285Y.

2 747-444 (RB211-524H) (943-26637, /92 VP-BVR; 995-26638, /93 VP-BKJ), TRAFFER ACFT LSD 2008-12. 11F, 56C, 285Y.

2 747-444 (RB211-524G/H-T) (1162-28468, /98 VP-BKL; 1187-29119, /98 VP-BKJ - - SEE ATTACHED PHOTO - - "TRX-747-444-2009-01"), BF (SAA) 2008-09. 11F, 56C, 285Y.

4 747-446 (CF6-80C2B1F) (1153-26359, /98 EI-XLB; 1166-26360, /98 EI-XLD; /98 26362, EI-XLE; 1236-27100, /98 EI-XLC), EX-(JAL), EX-(JA8913 & JA8919). LSD. 11F, 56C, 285Y.

4 747-446 (CF6-80C2B1F) (1208-29899, /99 EI-XLG, EX-(JA8922); 1234-27650, /99 EI-XLH; 1253-27648, /00 EI-XLJ; 1262-27645, /00 EI-XLF; 1280-27646, N922UN, 2011-10), ST (PEB) & LSD BACK 2011-08. 11F, 56C, 285Y.

4 ORDERS (2015-02) 747-8I, 460 PAX IN FOUR CLASS CONFIGURATION: F; C; PY; Y:

1 767-201ER (CF6-80C2B2) (182-23899, /87 EI-DBW), TRANSALPINE LSG LSD 2003-09. 16C, 215Y.

1 767-216ER (CF6-80A2) (142-23623, /86 EI-CZD), EX-(TAC), TRANSALPINE LSG LSD 2002-09. 16C, 215Y.

1 767-216ER (CF6-80A2) (347-24973, /90 EI-CXZ), TRANSALPINE LSG LSD 2002-07, (28206 RTT (ILF), LST (LAZ). 16C, 215Y.

1 767-36NER (30110, EI-RUU), EX-(VP-BAY), LIFT LSD, IRELAND. 12C, 117PY, 106Y.

4 767-3P6ER (CF6-80C2B4) (436-26236, /92 EI-UND; 440-26238, /92 EI-UNF; 501-26233, /93 EI-UNA; 538-26234, /94 EI-UNB; 544-26237, /94 EI-UNE), EX-(GUL), CAPABLUE LSD. 26237; RTND & LST ROYAL FALCON 2009-09. 12C, 117PY, 106Y.

1 767-3Q8ER (PW4060) (355-24745, /90 EI-DBF), ACG ACQUISITIONS LSD 2003-05. 12C, 117PY, 106Y.

1 767-3Q8ER (PW4060) (378-24746, /90 EI-DBG), (VEBL) LSD 2003-05. 12C, 117PY, 106Y.

1 767-3Q8ER (CF6-80C2B7F) (828-30048, /01 EI-RUZ, 2012-03; 747-29383, /99 EI-UNE), EX-(EC-HPU) & (5Y-KYY), (ILF) LSD. 12C, 117PY, 106Y.

1 767-319ER (CF6-80C2B7F) (785-29388, /00 EI-UNC), EX-(N381LF) (ILF) LSD 2010-08. 12C, 117PY, 106Y.

1 767-33AER (PW4056) (403-25346, /91 EI-DFS), (VEBL) LSD 2004-06. 12C, 117PY, 106Y.

1 767-37EER (PW4060) (385-25077, /91 EI-DBU), EX-(AFA), (PALS) LSD 2003-06. 12C, 117PY, 106Y.

2 777-212ER (TRENT 884) (149-28998, /98 EI-UNU; 150-28999, /98 EI-UNT), EX-(SIA), EX-(9V-SRB) & (9V-SRC) 2010-06. 12F, 14C, 167PY, 113Y.

2 777-212ER (TRENT 884) (153-28514, /98 EI-UNS, 2010-09; 239-28523, /99 EI-UNR), EX-(SIA), EX-(9V-SRD & 9V-SRE). (VEBL) LSD. 12F, 14C, 167PY, 113Y.

2 777-222 (PW4077) (9-26918, /94 EI-UNY; 13-26925, /95 EI-UNZ), CAPABLUE LTD LSD 2008-03. 12F, 14C, 169PY; 113Y.

3 777-222ER (PW4090) (205-28714, /99 EI-UNV, 2010-08; 232-30213, /99 EI-UNX; 254-30214, /99 EI-UNW), EX-(UAL)/(VAR). WELLS FARGO LSD. 12C, 14C, 167PY, 113Y.

1 777-200, (AVF) 96 MTH LSD.

3 777-312 (TRENT 892B-17) (180-28515, /98 EI-UNL; 188-28517, /98 EI-UNN; 192-28534, /98 EI-UNM), 28515; 28517; STECKER LSD 2011-11. 28534 (VEBL) LSD 2012-01. 4F, 14C, 131PY, 222Y.

4 ORDERS 787 (TRENT 1000), 4F, 14C, 244Y:

1 DC-10-15 (CF6-50C2), EX-(CMA), (IAI) MAINT.

0 +2 ORDER A310-324 (PW4152) (456, F-OGYR "TOULOUSE"), EX-(ARG), (AFIS) 5 YR LSD. RTND (AFIS), ST (FED) 2004-10. 32C, 150Y.

8/4 ORDERS (2017-02) A320NEO:

4 ORDERS A320-200:

1 +5 ORDERS A321-200, (ICBC) LSD 2015-08, WITH SHARKLETS. TWO CLASS, 184 PAX.

8 ORDERS A330-200ceo:

12 ORDERS A330-200neo:

4 ORDERS (2015-02) A380 (GP7200), (VEB) LEASING LSD, 650 PAX IN 3 CLASSES, 12F, 24C, 624Y:

1 IL-86 (NK-86) (51483210091, /92 RA-86123 "MOSKVA"), LST (KRA) 2000-08. TO VASO. 350Y.

6/6 ORDERS IL-96M, 386 PAX:

6 ORDERS (2018-02) IRKUT CORPORATION (IKT) MC-21, (VEB) LSD:

0 TU-134, LSD.

3 ORDERS TU-204-120, EX-(AOX).

2 TU-204-100C (64051, /09 RA-64051; 64052, /09 RA-64052), ILYUSHIN FINANCE LSD 2013-06. FREIGHTERS.

3 +7 ORDERS TU-214 (PS-90A2) (42306009, /07 RA-64509, 2007-04; 42507013, /08 RA-64549, 2008-11; 42305014, /09 RA-64514; 42305016, /09 RA-64516; 44709018, /09 RA-64518, 2009-10 - - SEE PHOTO - - "TRX-TU-214 2009-10"), FINANCIAL LSG CO LSD. 214Y.

4 ORDERS TU-234-300 (PS-90A), ILYUSHIN FINANCE 15 YR LSD.

1 YAK-40, ORLOV WET-LSD 2000-07.

Management:
(definitions)

Click below for photos:
TRX-1-ALEXANDER PLESHAKOV - CHMN - 2012-04
TRX-2-OLGA PLESHAKOVA - 2012-05-A
TRX-2-OLGA PLESHAKOVA - 2012-05-B
TRX-2-OLGA PLESHAKOVA - 2012-05-C
TRX-2-OLGA PLESHAKOVA - 2014-02
TRX-2-OLGA PLESHAKOVA-DG - 2009-03
TRX-3-DIMITRY STOLYAROV - 2013-10

VITALY VANCEV, BOARD CHAIRMAN

MRS OLGA PLESHAKOVA, BOARD CHAIRMAN (2015-09), AIRLINE NOW SHUT DOWN.
May 2012: "Airline Business" Interview:
It was a windswept day at Moscow Domodedovo Airport as Transaero (TRX) long-serving (CEO), Olga Pleshakova climbed aboard one of its Boeing 777-300s showcasing its new four-class cabin layout.

The first-class cabin (the only one operated by a Russian carrier) on the wide body made a plush and apt backdrop for our interview. After all, big airplanes were something Olga knows plenty about. (TRX) has bet its roubles on large airplanes. Its fleet of 80 comprises 46 wide bodies, including 747s, 767s and 777s.

That is just for starters. During the past six months, (TRX) has set in motion to make the fleet larger, in size and scope. Recent commitments for the 787, 747-8 and Airbus A380 indicate its desire not only to grow, but also to operate even bigger airplanes. This comes from an airline that already deploys some of its 747-400s in a 522-seat configuration. But in a country in which you can fly for nine hours and still not leave Russia, it is perhaps little surprise that big is beautiful for (TRX).

The strategy has delivered rapid growth during the past decade, with passenger numbers soaring from 300,000 to six and a half million in that time. This year, it is likely to carry close to 10 million passengers.

And it has grown profitably. The privately held carrier delivered a net profit of +roubles 1.8 billion/+$59 million) in 2011 continuing a run of eight years of consecutive, albeit relatively modest, net profits. First-quarter net profits of +$15 million continued the trend.

Yet it was a very different story when Olga took the helm in 2001. (TRX) was still reeling from the effects of the Russian financial crisis. This hit all Russian airlines hard. (TRX) was already the country's second largest carrier, operating 737s, 757s and McDonnell Douglas DC-10s.

But the crisis forced it to make drastic cuts to stabilize. Airplanes were returned to lessors, its network was cut, and passenger levels dropped sharply. It effectively took (TRX) back to the drawing board after a pioneering period in which the airline (co-founded by Olga's husband and board Chairman, Alexander Pleshakov in 1991) became in 1992 the first private carrier in the post-Soviet Union era to launch scheduled services.

Olga Pleshakova, a graduate of the Moscow Aviation Institute, had been with (TRX) since 1992 and led the Quality Control (QC) department and became Director Airline Services, before appointed Deputy Director General in 1999. Two years later, she took the helm.

It was not long before Olga was in growth mode. From 2002, (TRX) began to increase its operations and after the re-organization, we were fully able to develop again. We paid off all our debts and began acquiring more airplanes, she said. After this financial crisis, we had no debts with financial institutions and, as we had no debts, we had money for our development.

(TRX) has not looked back since, and has based much of its development on wide body airplanes. Its first 747 passenger airplane arrived in 2005 and the first 777 three years later. We are still adding new-generation airplanes now, said Olga. It was a completely new step in our development into operating extra-large airplanes. Currently, we operate the largest wide body fleet in Russia, the (CIS) and Eastern Europe she said.

(TRX) operates 16 747-400s and four 747-300s. It also operates 13 777s (including four former Singapore Airlines (SIA) 777-300s it took on last year) alongside 14 767-300ERs. One part of its fleet development plan is to upgrade the product on existing airplanes. We are refurbishing these airplanes with four classes on board, explains Olga. We are changing the interiors, including the seats. On the other hand, we are enlarging the number of seats on our airplanes to increase our financial potential, as fuel prices and other costs rise. All of the 777s joining the fleet will feature the new interior, fitted with the Lumexis In-Flight Entertainment (IFE) system. Internet connectivity is being provided by Panasonic Avionics - it has also signed a deal with "Row 44" covering connectivity on its 767s and narrow bodies.

We are not only retrofitting the interiors, but modernizing the service provided to passengers with on board internet, she said. We expect this year that most of our wide body fleet will be equipped with the capability to offer internet connectivity, and live TV as well. Its internet service goes live shortly.

However, refurbishing the fleet formed only part of its growth ambitions. Under a new fleet plan, (TRX) has signed up for a series of next-generation airplanes in the past few months.

In April, (TRX) confirmed a deal for four 787-8 Dreamliners, which will be operated in a three-class, 262-seat configuration. It has struck a deal with Russian finance group, (VTB) Leasing to fund the acquisition. Deliveries of the 787 Dreamliners are set for 2014.

In 2015, it will take the first of four A380s, having signed a tentative deal in October to become the Russian launch customer for the type. It has also signed for four 747-8s, seating about 460 in a four-class configuration.

All this came after the existing 737 operator committed to new-engined narrow bodies, signing up for eight A320neos.

With the replacement of older airplanes (its remaining 747-300s, some 747-400s and 737 classics) the (TRX) fleet is set to reach 95 by 2015 and 115 by 2017.

The decision to add A380s is the result of a continuation of that program [to fly large airplanes], especially seeing as we operate in high capacity markets, she said. It will operate on popular [tourism] routes, like Thailand, the Dominican Republic and even Spain.

With the 747-8, we think that we are going to operate it on some routes with the highest capacity, like Moscow to USA destinations. We think it will allow us to continue the growth, she said. We have a highly competitive product in the market, with high levels of punctuality, and the layout of our airplanes meets the expectations of many different passengers.

We are paying a lot of attention to get ready for the start of operations with extra-large airplanes. During the last year, we have launched a number of long-haul flights around the world. (TRX) has, for example, just launched flights linking Moscow to Los Angeles, its third USA destination after launching New York (JFK) and Miami in 2010.

It is part of growth that has pushed its network up to 160 routes, up by almost a quarter on last summer. This reflects the surge in passenger traffic in Russia in recent years, after a slump in demand during the financial crisis in 2009. (TRX) traffic grew more than a third in the demand recovery of 2010 and by more than a quarter last year as passengers numbers more than doubled in two years to 8.5 million.

The average growth of the Russian market is about +17%. At the same time, (TRX) is growing twice as fast as the Russian market, said Olga. There is strong demand from passengers, there is development of the economy, and we see growth not only on tourism routes, but also increasing on business.

She acknowledged high oil prices will put this rapid expansion in the country under pressure, but still expects growth. Maybe the growth will slow a bit, but it should be no less than +12 to +14%. Meanwhile, (TRX) plans a higher rate of growth than the average.

One area of growth has been serving international destinations from regional points in Russia, aside from Moscow and St Petersburg. This summer, it will operate 40 direct international flights, including connections to Barcelona, Bangkok and Cyprus. This includes its first international flights from Arkhangelsk, Volgograd, Nizhny Novorod and Tyumen.

In Moscow, (TRX) growth and its large use of wide bodies is outpacing development of the Russian capitals airport infrastructure. So this summer, (TRX) began operating out of a third Moscow airport, Vnukovo.

Our main base is Domedodovo, said Olga, but she pointed to the stress on the airport of operating so many wide bodies. So we decided to make Domodedovo feel easier. We've transferred some 747 services to Sheremetyevo to perform point-to-point leisure routes. Last year, we carried more than one million passengers from Sheremetyevo. But it is local operations for us, not transfer traffic.

Flights from Vnukovo (the airport closest to the city center) began at the end of April on flights to Tel Aviv. Under a long-term deal with the airport operator, it aims to carry up to 2 million passengers through the airport.

Olga also saw an opportunity to use the airport's central location, appealing given heavy road traffic in Moscow, to attract business traffic on specific routes: This will focus on routes where there is a need to have the minimum time to get into the city center, particularly for premium travelers. For example, on the key Moscow - Kiev route, there is no use if it takes over an hour to get to the airport and it doubles the time you are airborne.

St Petersburg has been another important airport for the airline, with traffic jumping almost +50% last year. Here (TRX) sees a possible future role for regional airplanes, with the Sukhoi Superjet SSJ100 in its gaze.

The Superjet means for us, more airplane types and a new sector of operations in regional routes,� she explained. We've considered the situation carefully and we think in 2015, the market will allow us to launch regional operations in Northwest Russia with a hub in St Petersburg. (TRX) has been tipped to make an order for the SSJ100 airplane type and Olga said negotiations were ongoing.

Transaero (TRX) has also in the past looked at a possible Initial Public Offering (IPO), but Olga said this was no longer on the agenda. As a major shareholder, she said that the owners of the business, are quite convinced the company has good long-term prospects, and we're not going to leave the business. So the only reason left is attracting money for development.

Several years ago, (TRX) did announce an intention for an (IPO). The situation in the Russian financial market [then] was quite complicated and we had some troubles in attracting money for acquiring additional airplanes, she said. Now the situation has changed and there is no problem to get financing from the public markets. Last year, we got $1 billion for our fleet development program realization from the Russian financial market in different forms. That is why currently an (IPO) is not on the agenda for us. Alongside its deal on the 787s, (TRX) in April inked a preliminary financing contract for its A380s with Vnesheconombank.

And her confidence in the carrier and its potential remains strong. We have a good reputation built up over >20 years of operations we've never left any passengers stranded in the world, she said. We have our fleet, our market position, and we have a huge country with a large population. We have an international share of 30%, but on domestic routes, it's less than <10%. So you see there is a very good prospect for the company to grow, at the very least in the domestic market.

DMITRY YERZAKOVICH, CHIEF EXECUTIVE OFFICER (CEO) (2015-09).

DMITRY STOLYAROV, DEPUTY GENERAL DIRECTOR.
ch-aviation interview: Transaero Dimitriy Stolyarov
Posted on October 10, 2013 by Max Oldorf:
An interview with Transaero (TRX) Deputy General Director, Dimitriy Stolyarov.

Transaero (TRX) is the second largest airline in Russia. Privately owned, (TRX) currently operates 95 airplanes with orders in place for the Airbus A380 and the Boeing 787 Dreamliner. In this interview Dimitriy Stolyarov talked about the challenges running an airline in Russia, the Russian airplane manufacturers and (TRX)'s first Airbus A380 destinations.

ch-aviation: Transaero (TRX) is the only operator of the Boeing 747 in Russia. You have also ordered the Airbus A380. What have you done to prepare for its delivery?
Stolyarov: We expect the first A380 to be delivered to the airline in 2015 and I am really proud that (TRX) will be the first, and so far the only, Russian operator of this type of airplane. We were also the first Boeing 747 operators in Russia. Our team has already made a lot of efforts to prepare for a successful launch of the A380 services, including flight crew (FC) training.

ca: Have you already made plans as to which destinations will be served by the A380?
St: We will operate the A380 on routes with high passenger density. So, it will be used on routes to leisure destinations such as Thailand, Spain or even the United Arab Emirates (UAE). We will also operate the A380 on domestic routes including those from Moscow to Vladivostok.

ca: Can you break your passenger traffic down for us in terms of domestic and international traffic?
St: We currently focus on the international market. About 80% of our passenger traffic accounts for international routes and 20% for domestic services.

ca: Who are your main competitors in Russia?
St: As we currently serve 190 routes, we have multi-national competition, not just Russian. Aviation is an international business, so the airline competes with different airlines at each particular airport we serve.

ca: (TRX) has been a longtime Boeing operator. But, with the introduction of the Airbus A380 you will suddenly begin operating an Airbus airplane for the first time. How does your Airbus A320neo order tie into this?
St: Well, currently 95% of the airplanes in our fleet are Boeing. However, we've considered other alternatives and offers in the market. (TRX) has required a new airplane to be ordered and we've decided to order the Airbus airplanes. Airbus has made a very good offer, and this is certainly not a deviation in our development.
But, while it makes no difference to passengers whether they travel on board a new Boeing or Airbus airplane, there is a marked change for the pilots (FC), who will now have to get accustomed to the Airbus side-stick. And, since we're set on operating the Airbus A380, it makes sense to introduce the new Airbus A320neo alongside it.

ca: You talk about a good offer from Airbus. Does that mean that pricing was a critical facet of the deal?
St: Of course price is important. We've agreed on good terms and have got a good offer from Airbus.

ca: (TRX) operates three Tupolev 214s in addition to two Tupolev 204 freighters. What is your experience with these airplanes?
St: It's possible to compare the Tupolev 214 with the Boeing 757: Their length, capacity and range are all nearly the same. These airplanes are absolutely safe and meet to the highest international safety requirements. Our Tu-214 airplanes interiors were entirely produced in Germany, so from this point of view, there is no difference between the two types. In terms of fuel consumption, the 757 is a bit more efficient.

ca: Do you intend to order further TU-214s?
St: We ordered ten Tupolev 214, however, the serial production of this type has been stopped.

ca: It seems bizarre that a manufacturer would cease production despite having existing orders.
St: If Tupolev had received 100 orders, they would have continued the production. There were simply not enough orders.

ca: Russian airplanes are currently not very popular in Russia not to mention other countries. What, in your opinion, is the biggest obstacle Russian airplane manufacturers face?
St: That's a very complex question to answer. During the years of the Soviet planned economy, there was no competition among Russian airplane manufacturers. Airplanes were produced according to a centralized plan, not according to demand. With the fall of communism and the transition to a Free Market economy, however, the manufacturers found they were unable to compete. The production rates were very low and their airplanes were considered outdated and too costly to maintain. As it stands, the Russian aviation industry is slowly learning to become more competitive internationally following years of isolation. This can only come through experience.

ca: The Sukhoi Superjet is a new development from Russia. How many airplanes have you ordered?
St: We have six orders with options for a further ten.

ca: The Sukhoi Superjet is comparable to the Embraer (EMB) EMB-190 and the Bombardier (BMB) CRJ-1000. Why did you decide to order the Sukhoi Superjet?
St: (TRX) is mainly focused on long-haul flights. Through acquisition of the Sukhoi Superjet airplanes, (TRX) has demonstrated its support to the Russian airplane industry. We currently have no plans to fly regional routes, but we plan to operate the Sukhoi Superjets on short-haul routes, such as from Moscow to St Petersburg or Kaliningrad. The Embraer EMB-190, in my opinion, is more suited to regional routes.

ca: When will you take delivery of your first Sukhoi Superjet?
St: In 2015, or more feasibly in 2016.

ca: Your latest financial results, published a few weeks ago, are really impressive. You are profitable and your revenue has seen strong growth. What makes you so successful?
St: The market in Russia is currently growing exceptionally fast. While the global market has a growth rate of four to 5% per year, in Russia we have seen 15 to 17% per year. (TRX) is ahead of that curve growing around +20 to +25% per year. We are very cost-efficient; our fares are based on our costs which we monitor very accurately.

ca: How are the fuel prices developing in Russia? Is fuel an important cost factor for (TRX)?
St: Like anywhere else, fuel costs are one of the most important factors to consider in the airline business. Last year the price of jet fuel increased by 20% and, unfortunately, it keeps on rising. The price of jet fuel at some Russian airports is actually much higher than at airports abroad.

ca: So does that mean that you are trying to refuel outside Russia?
St: In Moscow we have three major international airports where we have the possibility of choosing between jet fuel suppliers. That is to say, the prices charged are internationally competitive. However, at some Russian airports where a single fuel supplier has a monopoly, we can do nothing except pay what they charge. In some cases our airplanes are refueling in stock.

ca: What is the reason why foreign-made airplanes, like Airbus or Boeing, are registered either in Ireland or in Bermuda?
St: To begin with, when the first foreign-made airplanes were delivered to Russia, the authorities did not have enough qualified technical personnel to validate their airworthiness. Another point to consider is that Russia is not a signatory to the Cape Town Protocol. Legally-speaking, airplanes here are considered as real estate and are registered and taxed as such. As a result, leasing companies and airplane owners have tightened delivery terms applicable to airplanes delivered to Russia. Since international leasing firms do not recognize the Russian airplane registry or the Russian regulatory authority as being in accordance with Chapter 83 of the Chicago Convention, Russia was forced to sign agreements with both Ireland and Bermuda. The supervision of airplanes is thus split between the two authorities. Presently, nearly all airplanes manufactured outside Russia but flying in Russia are registered in either Bermuda or Ireland.

ca: How much higher would the costs be to register an airplane in Russia?
St: Costs don't matter. Since the registry is not acceptable by the European and USA aviation communities of leasing companies, should an airplane be registered in Russia for even a few months, international authorities would then list that airplane as uncontrolled. Its records would be interrupted and its value would subsequently depreciate. While Ireland and Bermuda are both deemed to be off-shore, this is in fact a misnomer. The authorities in both countries are very professional and carry out their inspections very stringently.

ca: Russia has an interesting law: airlines have to offer free catering. Is that true?
St: That is correct. But there are more like that. Russian carriers have to refund the full flight fare if the passenger cancels his booking 24 hours before departure. Furthermore, passengers are entitled to have free luggage allowance on all flights by law. If a flight is cancelled, airlines have to pay for their taxi, accommodation and food. So as you can plainly see, low-cost carriers (LCC)s have no real chance to exist in Russia working in accordance with these laws.

ca: In Europe it's common not to get served hot food in economy (Y) class. Germanwings (RFG) and other carriers like WizzAir (WZZ) or easyJet (EZY) fly to Russia and only offer food for sale. Is the law only valid for Russian carriers?
St: Only for Russian airlines.

ca: Your first (F) class is called Imperial Class. What is special about your premium product?
St: Imperial Class took quite some years to develop and is constantly being improved. During the economic crisis of 2008/2009, we noticed a trend that people, who used to fly with private jets, were now booking scheduled flights and therefore required a high level of service. Interior in Imperial Class consists of full-flatbed seats. Every passenger gets their own pajamas and bed linen. Catering is taken care of by Cafe Pushkin; the selection of beverages is lavish and diverse. Every passenger has a personal manager. Furthermore, the tableware is manufactured by a famous company from St Petersburg. Every Imperial Class passenger has a limousine service from the city to the airport and vice versa. There is a free airport lounge too. Our feedback has been really good.

ca: How much is an Imperial Class fare, say from Moscow to New York?
St: About USD3000 one-way.

ca: Is there high demand for the Imperial Class product?
St: The load factors have been really good; feedback as well. On several flights, the class is usually fully booked though the average load factor is 78% LF. A lot of passengers are accustomed to traveling in comfort and are willing and able to pay for it.

ca: What is the average load factor on (TRX) flights generally?
St: We have an average load factor of more than >80% LF.

ca: You mentioned that (TRX) mainly flies international routes. Was it originally planned that way when (TRX) was founded?
St: (TRX) was founded on September 30, 1990. Our first flight from Moscow to Tel Aviv took place on November 5, 1991. We always planned to fly international routes for the most part, and our domestic network has only really been developed over the last four years, as before it was not considered important.

ca: Moscow has three major international airports, as you have already told us. (TRX) started out from Sheremetyevo and later developed Domodedovo as well. Now a lot of flights also operate out of Vnukovo. Why?
St: (TRX) uses all three airports though lately we have focused on increasing our presence at Vnukovo. As Domodedovo is not developing as fast as we are, there is not enough capacity there. Vnukovo Terminal A has proven excellent for us, and the airport has enough capacity to boot.

ca: When Russian government airplanes operate into and out of Vnukovo, operations there can grind to a halt for a short while. Has that impacted on your operations?
St: Operations really only get interrupted when the President or Prime Minister travel. But neither of them flies that often anyway. Nevertheless, you are correct in that sometimes this does cause minor delays.

ca: Vladimir Putin recently suggested the abolishment of the visa requirement for Russians visiting the European Union (EU) and vice versa. Would that improve the Russian - European relations?
St: Around 60 countries have abolished their visa requirement for Russia and vice versa. As a result, tourism in those countries, like Turkey, Egypt, and China, has increased. The (UAE) have significantly simplified the visa application procedure. I often meet ambassadors from countries like Italy, Spain, Bulgaria, and Greece and I know how happy they would be if the visa requirement was abolished. They could generate a lot of money with additional Russian tourists. While Russia is the biggest country in the world, all embassies are located in Moscow � only a few countries have consulates in cities with more than one million citizens. People in other cities/towns have to travel to Moscow to get a visa before they can travel. Being very inconvenient, a lot of travelers decide not to visit Europe but instead go to the visa free countries.

ca: Can you imagine why the (EU) is so hesitant in that matter?
St: I have no idea.

ca: When will you introduce your first Boeing 747-8?
St: In 2015.

ca: Thank you for the interview!

DMITRY SAPRYKIN, CHIEF EXECUTIVE OFFICER (CEO), EX-(ARO) (2015-09).

STANISLAV TCIBULKO, SENIOR DEPUTY GENERAL DIRECTOR FLIGHT OPERATIONS & MAINTENANCE.

NINA POLIKARPOVA, DEPUTY DIRECTOR GENERAL ADMINISTRATION.

VALERY MUSAEV, DEPUTY DIRECTOR GENERAL INTERNATIONAL RELATIONS.

LEON KOHANOVSKY, DEPUTY DIRECTOR GENERAL AIRCRAFT MAINTENANCE.

BORIS LOGIN, DEPUTY DIRECTOR GENERAL OPERATIONS.

EVGENI RUDENKO, GENERAL DIRECTOR, TECHNICAL (2002-01).

CAPTAIN EVGENIJ NIKITIN, CHIEF PILOT 737.

TATJANA SIGACHEVA, FINANCE DIRECTOR.

VERA SUKHOVA, SALES DIRECTOR.

TATYANA ODINCOVA, DIRECTOR FLIGHT CREW TRAINING (2002-11).

VICTOR SEMENOV, DIRECTOR MAINTENANCE.

ALEXANDER SHEREMET, DIRECTOR MAINTENANCE CONTRACTS (1997-11).

SERGEY POTAPOV, DIRECTOR SAFETY (DMEFOUN) (2001-06).

IGOR KOMISSAROV, COMMERCIAL DIRECTOR.

LEONID KLIGERMAN, DIRECTOR MARKETING, ADVERTISING & SALES.

YURI BELYKH, DEPUTY GENERAL DIRECTOR AIRCRAFT MAINTENANCE.

NATALIA RYZHOVA, DEPUTY GENERAL DIRECTOR PERSONNEL.

ALEXANDER BASSYOUK, DEPUTY GENERAL FLEET DEVELOPMENT & CONTRACTS.

A MAIROV, CHIEF FLIGHT SAFETY (SVODDUN),
(flightsafety@transaero.ru).

OLEG NOSACHENKO, CHIEF INTERIORS.

VICTOR SEMENOV, DEPUTY DIRECTOR & CHIEF MAINTENANCE.

ALEXANDER DELEZHA, DEPUTY HEAD EXTERNAL RELATIONS.

ALEXANDER SAVELYEV, MANAGER TECHNICAL DEPARTMENT (1998-10).

SERGEY ISHENKO, QUALITY ASSURANCE (QA) MANAGER (2002-08).

NIKOLAY ANTONOV, PRODUCTION MANAGER (2002-08).


THE FOLLOWING WORK FOR (TRX) ENGINEERING COMPANY:

ALEXANDER MAKHONIN, MAINTENANCE & ENGINEERING MANAGER (2001-12).
(alexander.makhonin@mtu-net.ru).

MIKHAIL EVDOKIMOV, MANAGER QUALITY ASSURANCE (1999-10).

SERGEY YUKISH, MANAGER LINE MAINTENANCE.

SERGEY DOKIN, MANAGER PRODUCTION PLANNING & CONTROL.

 
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