Russian billionaire Alexander Lebedev has sold his stake in the leading national airline, Aeroflot, says Vedomosti daily.

      What used to be a blocking interest several years ago shrunk to 12.5 percent in 2012 and further down to 4.5 percent in 2013.

      Earlier, Russia-IC reported that Lebedev was in negotiations with five major investment banks, both domestic and foreign.