Russia’s Utair navigates around bankruptcy – for now
The debt-ridden Russian major has won support from country’s largest bank as it posts US$15.5 million of net income [...]
Sberbank
Russia’s politically motivated new regional airline project is put on hold
Sberbank and VTB shelve their joint regional start-up airline initiative [...]
Sberbank and VTB have no plans to own Russia’s new regional start-up airline
The heads of Russia’s major banks outline their investment concept regarding their participation in the government-inspired project [...]
Russian state banks may opt for Utair for their regional carrier project
The struggling top-five airline has large debts, primarily with Sberbank [...]
Russian state banks confirm plans for a regional start-up airline
Aeroflot refuses to participate in the project initiated by Sberbank and VTB [...]