Airline UTair

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"UTair" receive state guarantees in the amount of 9,5 bln. Rubles


The Government will provide the airline "UTair»State guarantees in the amount of 9,5 billion rubles.

Discussion on providing the air carrier "UTair" the state guarantees in the amount of 9,5 billion rubles is at present only a preliminary step to the real action, but experts have expressed the view that with great certainty that decision will be made, or otherwise serious financial problems may simply go bankrupt one of the largest Russian flights shedule, which in turn can be quite disastrous for the whole of Russian civil aviation.

News Avia.pro notes that the provision of state guarantees will allow the air carrier to obtain a loan, which in turn will go to pay off existing debt and allow the airline thus survive even for a while, including give an opportunity to establish an efficient operation in the future to fully pay on its debt.

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