UTair Group posts net, operating losses for H1 2017
The company's revenue from passenger transportation services declined 2.5% to 22.269 billion rubles [...]
UTair
UTair partners with IT parts locator Locatory.com
The airline joins the growing ranks of Russian companies who use the site [...]
UTair posts forecasted losses
The Russian airline explained the current financial performance by the growing competition, especially in view of aggressive capacity expansion. [...]
MAKS: UTair to get two Mil Mi-171A2s
The two aircraft are to be delivered in 2017 [...]
International traffic for Russian airlines surges 54.2%
Traffic growth on routes beyond the CIS demonstrated a record growth in May [...]
UTair reports 50% growth in international traffic for January-May
The carrier's total traffic increased by 22.4% [...]
UTair revises fleet renewal plans
No aircraft type has been chosen yet to replace the carrier's aging Boeing 737s [...]
UTair to pay off debts instead of dividends
The airline is asking its shareholders to support the steering committee's recommendation [...]
UTair launches UAV operations
The service is being offered to major power generation and oil producing companies operating in Western Siberia. [...]
UTair reports Q1 net loss
The carrier blames depreciation of the national currency [...]
UTair traffic grew 15% in March
The carrier's international passenger figures grew faster than domestic traffic [...]
FATA revises Russian air traffic figures for March
Rossiya Airlies came second by passenger traffic numbers among Russian carriers in Q1 2017 [...]
Russian authorities revaluate air transport growth rate
The updated data shows the country's airlines carried 6.1 million passengers in February. [...]
INSIGHT: New fortunes, same old pitfalls for Russian airlines
A surprising recovery in Russian air transport revenue growth could also be the beginning of a new soap bubble. [...]
Russian air traffic grows nearly 17% in February
The positive trend was mainly down to higher international traffic figures. [...]
UTair launches satellite tracking for its helicopter fleet
Aircraft tracking capability is one the requirements from the operator's improtant client, the United Nations. [...]
Russian airlines show a decline in passengers in 2016
Aviation authorities expect the country’s air transport industry to return to growth in 2017 [...]
UTair expects to maintain the upward trend
The Russian carrier plans to increase revenues in both the aircraft and helicopter segments [...]
UTair beat the 2016 passenger traffic target
The airline managed to do it due to higher-than-expected pace of development [...]
UTair increases passenger traffic by almost a third
Focusing to economic effectiveness, the Russian airline also managed to return to profit [...]
Passenger demand catapults Ural and S7 profits
Such success is a direct result of growing concentration on Russia’s air transport market after Transaero’s demise [...]
UTair to service Boeing 737s in Sharjah
The heavy maintenance for five aircraft will be provided by the UAE subsidiary of Russia’s Volga-Dnepr Group [...]
UTair climbs out of red ink
Russia’s fourth largest airline posted the net profit of $32.63 million in January-September 2016 [...]
UTair to operate more ATR 72 flights from Krasnoyarsk
The improvement is the result of reduced turn-around time at Yemelyanovo airport. [...]
UTair Helicopter Services joins HeliOffshore
The Russian operator has become the industry association’s 100th member [...]
Azur Air Ukraine remains in Russian hands
UTair remains the owner of the airline despite earlier intentions to sell the assets to Anex Tour [...]
Russia’s majors improve financial results
Aeroflot shares broke the maximum since 2008 backed by strong H1 report [...]
UTair Group cuts losses by nearly two-thirds
Russia's fourth largest airline's efforts to improve its financial and operational performance, are proving efficient [...]
UTair reveals fleet renewal plans
After a radical capacity reduction as a means to save the airline from bankruptcy, UTair is considering new aircraft once again [...]
UTair’s losses decrease by half
Russia's fourth largest carrier posted the net loss of $28.515 million at the end of the first half year 2016, a 46% YOY improvement [...]
Russia’s largest carriers increase their market share
Russia's top-5 airlines served 71% of the entire passenger traffic in April [...]
UTair Group returns to profitability
According to the group’s 2015 financial report, its net profit at the end of 2015 amounted to 2.274 billion rubles ($35 million) [...]
UTair’s losses shrink 17% in 2015
In 2015 the airline managed to reach debt settlement agreements, renegotiate lease payment schedules, and have leasing contracts extended with most of its lessors [...]
UTair’s traffic bounces back
The carrier's traffic grew 30% YOY in February, similar to other largest Russian airlines [...]
UTair expects to carry 6 million passengers in 2016
The carrier shifts its focus from expansion to enhancing pasenger experience [...]
The end of la Belle Époque of Russian aviation
Protracted crisis caused by unfavorable macroeconomic conditions and geopolitical shifts is reshaping Russian commercial aviation market [...]
Russian air carriers began the year with a decrease in traffic
But Transaero’s bankruptcy enabled Aeroflot to take over the half of the local market. [...]
UTair seals debt portfolio refinancing deal
It is the final step in the airline’s financial rehabilitation effort. [...]
UTair receives state guarantees
The airline is to use the funds to settle part of its debt [...]
UTair sells charter subsidiary Azur Air
The transaction took place in September 2015, the buyer remains unknown [...]
Regional administration becomes UTair’s stakeholder
Administration of Khanty-Mansiysk Okrug chooses to preserve the region's "strategic enterprise" by contributing to its registered capital [...]
UTair restructures its debt
The troubled airline's agreement with its creditors secured allocation of state guarantees [...]
UTair Aviation posts $38 million loss in Q3
This is worse than a year ago, but much better compared to the first two quarters of 2015. [...]
UTair dismissed half of its fleet within one year
The airline is rearranging its operations under a crisis bailout plan [...]
Anex Tour to become new owner of UTair Ukraine
The airline will continue operating charter flights for the international tour operator under the new brand Azur Air Ukraine [...]
UTair to receive state guarantees
State support is supposed to help the troubled airline settle part of its US $ 1.45 bln debt [...]
Russia’s top airlines report half-year losses
Transaero and UTair blame economic downturtn for deterioration of their financial performance [...]