Airline

Transaero: A phoenix from the ashes?

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Transaero: A phoenix from the ashes?

Transaero Airlines Chief Executive Officer Alexander Burdin says the bankrupt carrier is currently exploring several options to reinstate its Air Operator's Certificate (AOC) through the courts, if that is unsuccessful he hopes to apply for a fresh AOC by merging, acquiring or cooperating with an existing, fully certified airline. The Transaero board is looking to put together a proposal for creditors that includes specialization in Russian Far East flights using a fleet of 737NGs, SSJ 100-95s, and Irkut MC-21s.