Russian newspaper Vedomosti has found out that investment branch of Alfa Group, called A1, being disappointed in aircraft business, has decided to sell its 51% stake in OOO ?Avianova?. The decision was made in the end of 2010, as Dmitriy Chernyak, managing director of A1, told Vedomosti.
A1 is actively seeking for a buyer for the asset. The stake has been already proposed to Aeroflot who was not very interested at the time. Investment bankers value their ?Avianova? stake at roughly $70 million, market sources report.�
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