Рейтинг@Mail.ru
RusEng

News

Court to hear state-run Moscow Airlines' bankruptcy case

12:03 12/09/2011

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.

Share thisE-mail this articlesubmit newsAdd to blogrss feed
Add to blog
To link to this material, copy the code to your blog.
Publishing code:
Preview:

Court to hear state-run Moscow Airlines' bankruptcy case

12:03 12/09/2011 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
Forward news story

All fields are mandatory!

Submit news

All fields are mandatory!

Share this

Top news