CEO Transglobal sentenced to 27 months in prison
10 April 2008 (09:17)
The Court of Yekaterinburg’s Leninskiy district sentenced Transglobal Airline’s top executive Mikhail Churkanov to twenty-seven months in prison. Given that the accused has already spent twenty-six months in detention, his term will be over in May 2008.
Mikhail Churkanov was charged with large-scale fraud (Article 159 of Russian Criminal Code) after Mir Travel Company signed a contract with Transglobal in September 2005 regarding five charter flights the latter was supposed to have operated in the winter of 2005/2006. Mir’s customers were unable to leave Yekaterinburg for Salzburg on December 28, 2005, for Goa, India, on January 3, 2006, and for Bali on January 4, 2006 due to the fact that the air carrier failed to provide the aircraft. Mir’s damage was estimated at several hundred thousand dollars.
Mikhail Churkanov was charged with large-scale fraud (Article 159 of Russian Criminal Code) after Mir Travel Company signed a contract with Transglobal in September 2005 regarding five charter flights the latter was supposed to have operated in the winter of 2005/2006. Mir’s customers were unable to leave Yekaterinburg for Salzburg on December 28, 2005, for Goa, India, on January 3, 2006, and for Bali on January 4, 2006 due to the fact that the air carrier failed to provide the aircraft. Mir’s damage was estimated at several hundred thousand dollars.
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Other materials on the topic::
- Criminal investigation against the former GD of Transglobal Airline CJSC completed
- Director of Transglobal Airlines Mikhail Churkanov arrested Saturday
- Mir travel company’s winter holiday flights called off due to company’s failure to arrange timely payments to air carrier, says spokesperson for Transglobal airline
- Delays and cancellations of three Mir Travel Company-booked flights are caused by failing to pay promptly, says Mikhail Churkanov, GD of Transglobal Airline CJSC
- We’ve suffered high-order losses due to cancelled and delayed flights, says Sergei Busko, GD of Mir Travel Company