Court to hear state-run Moscow Airlines' bankruptcy case
MOSCOW, September 12 - RAPSI, Sergei Feklyunin. The Moscow Commercial Court has scheduled for October 7 its hearing of Kazan Motor Production Association's application for the bankruptcy of state-run Moscow Airlines, the court told the Russian Legal Information Agency (RAPSI).
Kazan Motor Production Association won a judgment of 30.68 million rubles ($1 million) in a suit against Moscow Airlines, which entered into legal force on August 30.
Moscow Airlines stopped selling tickets in late December 2010 and ceased operations in January 2011 due to financial troubles. After Moscow Airlines ceased operations, UTair, another airline, committed to employing the defunct airline's crewmembers and most of its engineers and technicians, the Federal Air Transport Agency reported.
The Moscow government owns a controlling stake in the airline.