Aircraft holding reorganization

Situation

We have been assisting one of the biggest aircraft holding company in Russia with the corporate reorganization of the corporation and its subsidiary companies. 

This is a large project in which 30 lawyers from various practice areas of the firm (corporate, real estate, competition, criminal law and litigation) are involved together with several subcontractors who we manage. The companies directly involved in the reorganization employ over 20,000 people in total.

Actions taken

Our work involved:

Result

The reorganization will enable the holding company to be a competitive player in the aircraft manufacturing market. Industry experts estimate that merging its aviation production units will result in saving RUR50bn (USD770m) annually.