What happens to Transaero?This question still does not lose its relevance among Russians, who prefer to move using the air transport mode. And it is really vital, because a huge number of people used the services of the above airline. The geography of its flights is extensive: India, Egypt, Turkey, Tunisia, etc., etc., etc. What happens to Transaero - the company that was the largest player in the domestic transportation market? The company was in charge of more than 100 aircraft, and the profit of 2014 was a fabulous sum - 114 billion rubles. Why suddenly a "thriving" air carrier turned into a bankrupt? What is happening with Transaero today? Consider these questions in more detail.
Company owners
Авиаперевозчик «Трансаэро» был создан в конце December 1990. It was owned by the son of the Minister of the Radio Industry of the Soviet Union, Alexander Pleshakov, and the head of the Interstate Aviation Committee, Tatyana Anodina.
Until the last days of the airline's existence, its executive director was Alexander Pleshakov, and the board of directors of the commercial structure was headed by his spouse Olga Pleshakova.
The reasons for the collapse
Ситуацию по поводу того, что происходит с "Transaero", you can describe to the banality simply. The company suffered a bankruptcy. But the financial fiasco never arises out of nowhere. His reason - short-sighted and irrational leadership style. The owners of the air carrier so unbalanced the levels of income and expenses that experts are still trying to figure out what really happened with Transaero.
Beginning of the crisis
Meanwhile, the carrier has had financial problems for a long time. Even in the period from 2007 to 2009, the amount of debt increased from 10 to 32 billion rubles.
True, by 2014 the situation was somewhatalign His desire to destabilize the financial situation contributed to the desire of management to enter the stock market. However, to put this idea into practice turned out to be quite problematic, and the experts immediately suspected that the financial reporting of the carrier was “opaque”. In addition, the cost of the company itself was unreasonably overestimated. But these are not all the pitfalls of what actually happened to Transaero. The owners were perplexed with perplexity: they say things are going fine. Olga Pleshakova personally stated that Transaero does not need additional assets, therefore, there is no need to place securities. One way or another, but the audit companies that were engaged in checking the financial documentation of the air carrier signed the reports with huge reservations.
The crisis is intensifying
By the end of 2014, analysts had finally predicted the scale of what was happening with Transaero. Her financial situation has become terrifying.
Общий размер задолженности перед кредиторами reached astronomical figures - 250 billion rubles, with financial claims from the fueling companies and air carriers totaled 20 billion.
About 150 billion rubles is a debtleasing obligations, with more than 30 aircraft owned by credit institutions: VTB, Vnesheconombank, Sberbank. Besides, Transaero had debt liabilities to bank structures - their share was about 80 billion. Among the lenders were a number of financial organizations: Moskovsky Credit Bank, Rosselkhozbank, VTB, Sberbank, Alfa-Bank, Otkritie FC, Bank Promsvyazbank, MTS Bank. It would seem that the state should grasp the situation, because it sees what is happening with Transaero, and certainly can help solve the financial crisis. However, officials were in no hurry to intervene in the affairs of the largest participant in the airline market. Why?
Human factor
As already emphasized, the financial collapseTransaero is the work of the company's management, which for many years tried in every way to increase the prestige and significance of its offspring, presenting it as the “best of the best.”
However, in reality he was not, andto splurge often had to use PR technologies. Despite the fact that Transaero had a huge debt to creditors, the owners of the company continued the campaign called “Discount ticket sales”. At the same time, the partners of the air carrier strongly opposed to the fulfillment of obligations in debt. Pilots and flight attendants were well aware of what was happening with Transaero Airlines, while its management tried to build a model that would be another argument for the fact that leaving her product from the market would lead to the collapse of the whole industry.
Ways out of the crisis
В конце 2014 года вышеуказанный авиаперевозчик receives from the bank "VTB" a loan of 9 billion rubles under state guarantees. However, the officials for a long time understood what really happened to Transaero, and chose not to interfere anymore.
Assistant to the head of the Russian Cabinet of Ministers, ArkadyDvorkovich said that it is very difficult for the government to understand what financial peripetias are happening inside the airline, and, due to the lack of transparency in this matter, to provide material support to Transaero is an incorrect measure. Economic Development Minister Alexei Ulyukayev supported his colleague, stressing that financially supporting ineffective management does not make any sense.
Aeroflot
Вскоре в решении проблемы наметились реальные shifts. Banker company became interested in "Aeroflot". This airline, in practice, observing what is happening with Transaero flights, was ready to acquire a controlling stake in a ruined carrier. Aeroflot offered a symbolic amount for securities - 1 ruble, but the transaction did not take place. Why? Firstly, the state no longer intervened in the situation, and secondly, the shareholders could not “collect” the required 75% plus 1 security in the total array.
Well, thirdly, the lenders did not accept the plan.restructuring proposed by Sberbank. The government has no choice but to decide on the financial insolvency of Transaero. However, the bankrupt himself had to fulfill his obligations to customers, but at the expense of the efforts of other air carriers.
What are the conditions for passengers
Of course, the news of the bankruptcy of the largestthe country's airlines did not keep a secret. Until now, many are trying to figure out what is happening with Transaero passengers. The officials of the Russian Ministry of Transport hurried to reassure tourists that the obligations the bankrupt company took on would be fulfilled by other carriers, including: Aeroflot, S-7, UTair, Ural Airlines, and Orenburg Airlines. However, one should keep in mind the reservation: if the ticket was purchased for a flight with a date before December 15 of last year, then it will take place. If it is purchased later than the aforementioned time limit, then the passenger will be returned its value. And on the Internet portal of Transaero you can find detailed instructions on how to return a ticket and get your money. If you purchased it via the Internet, then all return operations should also be done through the Network. If the ticket was purchased at the offices of Transaero, then you need to go there.
Those who purchased it from a tour operator,need to make a visit to him. If you took the tickets at the box office of Transaero, then you will only have to take them there. Employees of the airline said that the money for the ticket will be returned from 14 to 30 days from the time of the appeal.
What should the staff do?
In a difficult situation were those who worked inbankrupt airline. The question of what happens to Transaero employees is also of interest to a huge number of people. Today, pilots, flight attendants of a bankrupt airline can’t get a job, hoping that sooner or later they will be paid a salary. Some pilots still manage to get a job in foreign airlines, while the flight attendants still have material difficulties. Aeroflot and the new united Russia airline will help to partially solve this problem.
Conclusion
Experts say that even such a powerfulthe structure, like Aeroflot, is unable to cope with the debt burden that Transaero has increased. However, no serious social consequences will follow. Until mid-December of last year, practically all obligations for cargo transportation within the framework of purchased tickets were to be fulfilled; some passengers received money for them.
Воздушные суда, числящиеся на балансе Transaero will become the property of Aeroflot. Part of the property will be sold at auction. Lenders will certainly suffer huge losses. Experts say that today, every airline that has its own fleet of aircraft and desire, can ply the destinations that previously served Transaero.
