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Sibir is likely to have a strong minority holder soon, with which Vladislav Filev, on the photo, and Natalia Fileva will have to reckon with.
Photo: Dmitry Lebedev
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July 14, 2006
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Aeroflot to Teach Safety to Sibir
Russia’s Transport Ministry backed up transferring to Aeroflot the government’s stake in Sibir Airlines under the program of consolidating the airlines stakes of the state. The recent crash of A-310 in Irkutsk and the federal claims to the safety of Sibir flights will speed up the process and Sibir will have a strong minority holder for the first time in history.
In late June, Transport Minister Igor Levitin addressed the Economic Development Ministry and Russian Agency for Managing Federal Property (Rosimushchestvo), urging them to consider as a matter of first magnitude the transfer of the state-run 25.5 percent in Sibir to Aeroflot, said a source with Transport Ministry on condition of anonymity.

Rosimushchestvo and Economic Development Ministry declined to comment. Aeroflot didn’t comment either specifying today’s highlight is setting up a subsidiary in Far East. Sibir said the management will keep the majority stake anyway and, therefore, maintain the control of airlines.

Sibir (recently rebranded to S7) is Russia’s second airlines in turnover. Natalia Fileva, wife of Sibir General Director Vladislav Filev and deputy GD in Sibir, holds 63.26 percent; Rosimushchestvo owns 25.5 percent.

Sibir’s Airbus A-310 crashed in Irkutsk past Sunday. The plane failed to stop when it touched down and veered off the runway, crashing into a building, bursting into flames and killing at least 127 people of 204 aboard.

www.kommersant.com

All the Article in Russian as of July 14, 2006

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