Air Transport World

Russian government.(EUROPE Report)(Brief article)

Russian government plans to create a new state-owned airline company intended to rescue the cash-strapped AiRUnion alliance comprising KrasAir, Domodedovo Airlines, Samara Airlines, Omskavia and Sibaviatrans. The holding company will rival Aeroflot in size and be controlled by the Russian Technologies investment fund, according to Russian press reports. AiRUnion's problems became known in early August when it was unable to pay fuel bills. …

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