“Far East subsidies of Transaero” — Inna Vavilova’s review for Delovoy Peterburg

Because of debts on taxes and duties Transaero will not receive 740 million rubles of subsidies for the carriage of passengers to the far East and to Kaliningrad. However, since the airline went bankrupt, the money still would be given to the creditors.

"In this situation, subsidies can only be used to replenish the bankruptcy estate, — says Inna Vavilova, managing partner of Prime Advice - At the current stage of the bankruptcy procedure all creditors are equal, and nor Tax Fund, neither Pension Fund can get the money before others."

Read more on Delovoy Peterburg website