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News from the IFC Board

12.01.2016

The Board of Ilyushin Finance has decided to draft a plan of changing the company’s legal address

The Board of Ilyushin Finance has decided to draft a plan of changing the company’s legal address from Voronezh to Ulyanovsk city and the according expenses calculation.

IFC Board has also confirmed its decision to acquire 74% of Red Wings shares as a part of the airline’s liabilities settlement. This is being a subject to shareholders’ agreement revision to enhance IFC’s managing role in accordance with its increasing share in Red Wings capital.