Airline UTair

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UTair Aviation has a debt of 168 billion rubles

Debt airline "UTair"Reached 168 billion rubles.

An important aspect is that the debt of the Russian air carrier continues to increase and at the moment, most experts are confident that in the reporting for the first quarter of 2015, the airline will have negative operating cash flow.

However, the day before, the airline management announced that UTair intends to reduce the number of aircraft in its fleet, which may indicate that the airline will remain afloat for the first six months and will not become bankrupt.

Recall that the airline "UTair" is by far the largest Russian carrier.

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