50 SKY SHADES - World aviation news

Raiffaisenbank: Russia’s UTair finishes debt restructuring

Download: Printable PDF Date: 30 Dec 2015 07:05 (UTC) category:
Publisher:
Raiffaisenbank: Russia’s UTair finishes debt restructuring - Finance publisher
Tatjana Obrazcova
Country: Russian Federation Aircraft: Airplanes Airline: UTair
Source: Ruaviation

Russian airline UTair has fully restructured its 160 billion ruble debt, a representative for the restructuring consultant Raiffaisenbank told PRIME Tuesday.

“Yes, we confirm that the deal is over,” the representative said.

In November, the airline signed a deal with a syndicate of 11 banks to restructure a 43 billion ruble debt.





Recommended

Capital Jets expands fleet with addition of Learjet 60XR

Capital Jets, an aircraft management company and 14 CFR Part 135 aircraft operator, has expanded its operations with the addition of a Learjet 60XR. Based at Fort Lauderdale-Hollywood Internation...

Why faster diagnostics are becoming critical for aircraft heavy maintenance

For airlines, every additional day an aircraft remains on the ground during heavy maintenance directly impacts operations, schedules, and revenue. As maintenance workloads become more complex and turn...

Somon Air receives its first Boeing 737 MAX jet

 Boeing and Somon Air announced the delivery of the airline's first 737 MAX, as the Tajik national carrier continues to modernize its fleet and grow its network. The 737-8 is the first o...

Flying more sustainably with “shark skin”: Lufthansa Group tests next-generation AeroSHARK

An Airbus A319 of Lufthansa City Airlines is the world’s first test aircraft for a new generation of fuel-efficient AeroSHARK technology. Lufthansa Technik will test approximately 70 transp...

Android Apps development in Riga, Latvia