Prosecutors: Bankruptcy of airline "Kuban" was deliberate

The actions of the management of the airline "Kuban", which ceased operations in December 2012, have signs of deliberate bankruptcy, the transport prosecutor of Krasnodar, Sergei Borisikhin, said on Thursday.As previously reported by "Vestnik Kavkaza", the airline ceased operations as of December 11, due to the difficult financial situation, its press office explained. The Arbitration Court of the Krasnodar region, considering the statement of "Kuban" for their own bankruptcy, introduced a monitoring procedure of the company on February 18.The transport prosecutor's office initiated a check on the instance of bankruptcy. "The audit revealed that in the actions of the airline there are signs of deliberate bankruptcy. At the moment materials are being sent to the police for further action - to open a criminal case or not," Borisikhin is quoted by RIA News."Airlines of Kuban", which from 2010 operated under the brand Airline "Kuban") is one of the largest airlines in southern Russia. Krasnodar airlines traces its history back to 1932. The airline operates scheduled and charter flights to destinations in Russia and abroad.