Does Russia nationalize privately-owned S7 Airlines?

MOSCOW, RUSSIA — Russia's S7 Airlines will take over several Il-96 and Il-86 cargo planes to operate country-wide cargo operations, Russian Transportation Minister Vitaly Savelyev said during a Federation Council committee meeting on economic policy.

"Now S7 is under my patronage," said Savelyev. As part of this new situation, the airline will include five cargo aircraft, including two Il-96 and three Il-86 cargo aircraft.

The S7 aviation group is a privately-owned aviation holding, which operates passenger flights under the S7 Airlines brand. It was founded by Vladislav and Natalya Filev.Russian civil aviation sector ia passing through hard days due to severe sanctions imposed by western countries on Russia.