50 SKY SHADES - World aviation news

Russia's UTair Group offloads Azur Air unit to Turkey's ATG

Download: Printable PDF Date: 06 Dec 2015 23:52 category:
Publisher:
Russia's UTair Group offloads Azur Air unit to Turkey's ATG - Airlines publisher
Tatjana Obrazcova
Country: Russian Federation Aircraft: Airplanes Airline: UTair
Source: CH Aviation

The UTair Group says it completed the sale of its Azur Air (ZF, Krasnoyarsk) charter unit in September of this year as part of its cost-reduction programme. Though not confirmed by the Russians, Turkey's Anex Tourism Group (ATG) has already acknowledged as the buyer.

UTair says the decision to offload the carrier, then known as Katekavia (ZF, Sharypovo), and its fleet of nine B757-200s was adopted in October last year. UTair had acquired Katekavia in 2013 to allow it access to the Krasnoyarsk passenger and cargo market.

It is uncertain how ATG's investment will be affected by Russia's recent imposition of economic sanctions against Turkey for its shooting down of a Russian fighter jet earlier this month. The sanctions target the Russia-Turkey holiday and charter market in particular.

In October, ATG also acquired UTair's Ukrainian unit UTair-Ukraine (QU, Kiev Borispol) which it has renamed Azur Air Ukraine (Kiev Borispol). As a charter carrier, the airline is to feed into Anex Tour's regional operations using three B737-800s.

ATG offers flights from Russia and Ukraine to lesiure destinations in Turkey, Egypt, Spain and Thailand. Aside from the B757s, it also operates five B767-300(ER)s.



Loading comments for Russia's UTair Group offloads Azur Air unit to Turkey's ATG...


Recommended

Garmin GI 275 electronic flight instrument CDI/MFD ready for helicopter installations

Garmin International announced that the GI 275 electronic flight instrument is ready for installation in select Part 27 Federal Aviation Administration (FAA)-registered helicopters via Field...

250 000 fuelling milestone with Air bp Airfield Automation technology

Air bp has passed a milestone of 250,000 fuellings using its Airfield Automation digital technology. The landmark fuelling took place in Adelaide, Australia, when the business supplied Jet A-1 (w...

Strata delivers 100 shipsets of A350-900 inboard flaps for Airbus

Strata Manufacturing has successfully delivered 100 shipsets of the assembled A350-900 Inboard Flaps (IBF). Having completed the full First Article Inspection for the fabrication of six IBF compo...

What demands more maintenance, a parked aircraft or a flying one

In the middle of April, airlines around the globe had put 62% of worldwide aircraft fleet into storage, which brought new challenges of maintaining a record high number of stored aircraft. While it ma...