Russian airline crisis

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TransAero and UTair ask for economic support

Russian air carriers "UTair" and "Transaero"They ask the state for economic support.

Currently, we are talking about the provision of possible loan guarantees, but the Minister of Transport of the Russian Federation said that for this kind of guarantee is necessary at least to justify the reason for the requirements.

It is worth noting that the problems in these two Russian airlines began after the Russian market of services disappeared several major tour operators, resulting in 20-25% fell tourist flow, which makes, in turn, a number of international air travel is simply unprofitable, which could lead to the closure of certain areas and routes.

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