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.
