Armenia, Israel, Ukraine and Russia create an air union

The companies "El-Al" (Israel), " Airoswit"(Ukraine), UTair (Russia) and Armavia (Armenia) have signed a declaration on creating an air union called WE (Western-Eastern).
The papers are planned to be signed within 90 days. Negotiations are ongoing with other air transporters, especially from eastern Europe and the CIS. The union will allow the companies to improve their efficiency, by using each others planes, creating a unified system of technical service, buying airplanes at lower prices and helping each over to fill flights with passengers, reports Izrus.co.il