Dear fellow Expats,

 

Let me update you on the situation at Russia's only Low Cost Airline,
Avianova and consider it for your own situation.

 

On Friday last, all the expats were kicked out of the office of Avianova.
The expats include the CEO, Andrew Pyne, CCO (myself) Michael Hayden &
Director of Safety, Guy Maclean.  Subsequently some of the Russian directors
were also removed, IT, Admin, Legal and a new management team was introduced
(ex failing Russian airline, Red Wings).

All of these changes are completely illegal and without joint shareholder
approval but as you know the law does not seem to apply to business here.

 

The Airline is jointly owned, 49% by Indigo (they also have holdings/control
of Wizz, Spirit, Tiger & Volaris) and 51% Alfa Bank (you may recall Alfa
running a similar racketeering at Tanker-BP)

 

So, it's that simple.  Kick out the expats, ignore the foreign investors and
steal the company.  Be warned!

 

Best regards,

Mike

 

 

 

Michael Hayden

Chief Commercial Officer

 

T:   +7 495 661 90 50

F:   +7 495 661 90 51

М: +7 962 915 93 67

 <mailto:[email protected]> [email protected]

 

 

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