Transaero appoints a new general director

Photo by Transaero

Transaero board of directors appointed a new general director, Valeriy Zaitsev, who previously acted as deputy flight director of Russia’s second largest carrier. He also became chairman of the board.

The letter ballot, which put to a vote the issue of replacing the company’s top manager, was initiated in October 22, after S7 co-owner Vyacheslav Filyov offered to buy 51% of Transaero’s shares. At the moment the position was still occupied by Dmitry Saprykin, appointed by Aeroflot, which created a conflict of interest situation.

Besides that, Saprykin, who had access to Transaero documentation, signed the Inspection Act filed by Federal Air Transport Agency, which cancelled the airline’s Air Operator Certificate.

Saprykin was appointed general director of Transaero early in Spetember, when the airline’s salvation plan implied merger with Aeroflot by means of selling 75% stake to Russian flag-carrier. However, later the deal was called off, because Transaero could not accumulate the sufficient number of shares in terms specified by Aeroflot.

The current replacement of Saprykin by Zaitsev is in line with the ongoing transfer of control functions over Transaero to S7 Group.

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