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Russian tycoon Lebedev sells airline for 1 rouble

Russian tycoon Alexander Lebedev announced Thursday he had sold his Moscow-based airline Red Wings for a symbolic 1 rouble (32 US cents) after it was grounded following a fatal crash of one of its Tupolev jets. "Yes, I have signed documents on selling 100 percent of Red Wings to a group of investors for 1 rouble," the billionaire known for his criticisms of the Kremlin wrote on his blog, without revealing the identity of the buyers.

Russian airline 'failed to train pilots' of crashed plane

The Russian airline owned by media mogul Alexander Lebedev failed to ensure that the pilots of a plane that crash-landed in December underwent emergency simulator training, prosecutors said Wednesday. Russia's aviation agency has already suspended the operations of the Red Wings airline after one of its aircraft careered off the runway of a Moscow airport on December 29 and smashed into a highway. Five crew members were killed and further loss of life was only prevented by the fact that the plane was flying without passengers.

Crashed Russian plane 'failed to train pilots'

The Russian airline owned by media mogul Alexander Lebedev failed to ensure that the pilots of a plane that crash-landed in December underwent emergency simulator training, prosecutors said Wednesday. Russia's aviation agency has already suspended the operations of the Red Wings airline after one of its aircraft careered off the runway of a Moscow airport on December 29 and smashed into a highway. Five crew members were killed and further loss of life was only prevented by the fact that the plane was flying without passengers.

Russian tycoon Lebedev's TV punch-up court case held up

MOSCOW, Feb 7 (Reuters) - Russian media magnate Alexander Lebedev's court case over a televised punch-up has been held up to ensure that all the parties involved including property developer Sergei Polonsky are properly informed. Prosecutors opened an investigation into billionaire Lebedev last year over an incident in which he leapt out of his chair and threw a punch at Polonsky during a television talk show.

Russia media tycoon goes on trial for assault

Russian media magnate Alexander Lebedev, who owns newspapers in Russia and Britain, went on trial Thursday for assault against a fellow tycoon but the judge sent the case back to prosecutors to rectify procedural violations. The decision was a temporary respite for Lebedev, who could be jailed for up to five years on charges of assault and hooliganism for the bizarre attack during a televised talk show.

Russia media tycoon goes on trial for assault

Russian magnate Alexander Lebedev, who owns newspapers in Russia and Britain, went on trial Thursday in a preliminary hearing on charges of assault and hooliganism for punching a fellow tycoon on a television talk show. Lebedev, the co-owner of Britain's The Evening Standard and The Independent newspapers, dismissed the charges as a fabrication as he attended the hearing at a court in Moscow. Lebedev, a 53-year-old former KGB agent, punched Sergei Polonsky, an outspoken real estate tycoon, during an argument on a Russian talk show in September 2011.

UPDATE 1-Russian oligarch's newspaper wins London TV franchise

By Paul Sandle LONDON, Feb 4 (Reuters) - London's Evening Standard, backed by the family of Russian oligarch Alexander Lebedev, won a London television franchise on Monday, beating four other bidders with a package offering live news from the paper's West London offices. Britain's telecoms regulator is offering 21 licences for local digital TV stations, most covering single cities. The London franchise, which offers an audience of up to 4 million people, is potentially the most lucrative.

Russia suspends liberal billionaire's airline

Russia suspended on Friday the operations of Red Wings, controlled by liberal billionaire Alexander Lebedev, after the company's passenger jet crashed in December killing five of its crew members. The state air transport agency said it was suspending the company's operations because Red Wings was experiencing financial problems which precluded it from ensuring proper maintenance of its fleet. "Red Wings is experiencing a deficit of financial resources to ensure the current operations," Rosaviation said following a probe into the airline after the December 29 crash.

Russian tycoon Lebedev's TV punch-up trial hearing postponed

* Hearing was scheduled for Thursday, postponed to Feb 7 * Lebedev says charges are baseless * Says offered Polonsky bail money, was refused MOSCOW, Jan 24 (Reuters) - Russian banker and media magnate Alexander Lebedev, who says his trial for throwing punches during a television chat show is a political witch-hunt, said on Thursday his case had been postponed as one of his lawyers was out of the country.

Russian tycoon Lebedev likens to trial to political witch-hunt

* Lebedev faces trial over punch-throwing on TV * Media magnate says charges lack substance * Faces up to five years' jail if convicted By Megan Davies MOSCOW, Jan 23 (Reuters) - Russian banker and media magnate Alexander Lebedev on Wednesday likened his trial for throwing a punch during a television chat show to a political witch-hunt and said the charge of hooliganism levelled against him was baseless.
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