Russian government agrees to bail out UTair Airline

Polina Montag-Girmes December 18, 2015
The Russian government is stepping in to support UTair Airline with Russian prime minister Dmitry Medvedev signing a resolution guaranteeing RUB9.5 billion ($138.6 million) to help secure loans. UTair faced financial difficulties in 2014 due to economic changes and a decrease in passenger demand. It...
Polina Montag-Girmes

Polina joined the Air Transport World team in 2011, covering Russian and the Commonwealth of Independent States. She studied journalism at Moscow State University and worked as a journalist for Russian business and airline publications since 2000.

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