Arbitral tribunal Khanty-Mansi Autonomous Okrug - Yugra, received a declaration of insolvency for UTAir Aviation from JSC Avialeasing. This result is due to the non-performance of UTair, with debts totalling more than $ 3.5 million.
Airlines debt consists of the obligation to pay:
- Partial rent payments for October 2013 under the lease of the aircraft Tu-154M
- Interest on borrowed funds during the period from 01.01.2011 to 11.02.2013, accrued in connection with the violation of the timing of lease payments under the lease of the aircraft Tu-154M
- Legal costs on one court case
Since June 2011 Airline UTair has completely ceased to fulfill the obligation to pay lease payments under operating leases of aircraft, which were signed with Avialeasing.
Source and image: Avialeasing
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