Dagestan Airlines go bankrupt

Dagestan Airlines go bankrupt

The arbitrary court of Dagestan has sustained the claim of Mixjet Flight Support to recognize Dagestan Airlines bankrupt, Gazeta.ru reports.

The Supreme Arbitrary Court of Russia refused to nullify the exploitation certificate of the air company in April. The Russian government handed Dagestan 100% of shares of the company in April. According to an agreement with the government of Dagestan, it was to find at least 150 million rubles of investments for reconstruction and modernization of the company and infrastructure of the Makhachkala Airport.

Dagestan Airlines owns three Tu-154Ms, one Tu-154B-2, two Tu-134B, one An-24RV, helicopters Mi-8 and Mi-8MTV.

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