Russia Braces for More Airline Bankruptcies
Credit: KD AVIA
Falling demand and the concomitant decline in revenues, combined with expensive loans, is placing some Russian carriers in a tenuous financial position. The bankruptcy of KD Avia airlines highlights the fact that even government efforts to support the domestic airline industry cannot ensure its...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
