Ministry of transportation

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Ministry of Transport will oblige airlines to report debts

The Ministry of Transport wants to require the airline to report on the financial condition.

At the moment, it is known that for carriers it is planned to fix at the legislative level the obligation to provide timely reports on the existing debts, and this applies to both fueling companies, as well as to lessors and airports. It is expected that the reporting will become mandatory with the appearance of the first debts, however, it is clear that this problem will not properly solve the problem, since at least 10 Russian airlines have debts.

It is possible that in case of exceeding a certain debt, the carrier may limit the conduct of activities, or at all to prohibit it.

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