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25.8% sold by Millhouse Capital to NRB Group (National Reserve Bank, owned by Alexander Lebedev) in 2003; eventually resold to Aeroflot Finance from 26/1/10. Joined SkyTeam alliance on 14/4/06 (membership suspended in 4/22 due to the invasion of Ukraine). Formed subsidiary Aeroflot Cargo in 10/06. Shares of VTB Bank Europe increased from 4.56% to 10.62% in 1/09. Instructed in 1/10 to take over Rossiya and all ex-AiRUnion carriers. Intended to set up a low-cost subsidiary initially code-named Loukostera; eventuelly formed as Pobeda (qv) Alexander Lebedev shares decreased from 12.5% to 4.5% in 10/13, to zero in 11/13. 10.27% purchased in 10/20 by VTB Capital but all VTB shares resold in 11/21. Added on EU black list effective 11/4/22.
Aeroflot Russian International Airlines
SU
AFL
Russia
Moscow-Sheremetyevo
1992-2000
Originally formed as Aeroflot's International directorate. Became a joint-stock company in 1994 when 49% of shares weretransferred to employees, 51.17% kept by the Russian government. 26% of employees shares acquired by Nimegan and Carroll offshore companies on 24/6/00 and renamed Aeroflot Russian Airlines.
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