KD Avia continues operations
16-Mar-2009 |
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KD avia continues operations as normal. Over the past two days the airline has been able to formalize new arrangements which have stabilized the company.
A coordinated approach has been taken by the Ministry of Transportation of the Russian Federation, Rosaviation and a number of financial institutions in order to facilitate the introduction of state aid for the airline.
This has led to the immediate lifting of any temporary restrictions placed by leasing companies on the operation of KD avia's fleet of aircraft. KD avia is now able to continue its daily flying program without any further disruption, whilst measures are taken to fully complete the financial arrangements.
(c) Centre for Asia Pacific Aviation. Date posted: 16-Mar-09
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KD Avia continues operations 
