Russian airline UTair has fully restructured its 160 billion ruble debt, a representative for the restructuring consultant Raiffaisenbank told PRIME Tuesday.
“Yes, we confirm that the deal is over,” the representative said.
In November, the airline signed a deal with a syndicate of 11 banks to restructure a 43 billion ruble debt.
Regional turboprop fleets show stark disparities in age, reliability, and economic viability. Many aircraft are approaching end‑of‑life, while others are increasingly difficult to operate as spare‑par...
Samson Sky, developer of the Switchblade Flying Car, announced it has secured an $80 million investment from Dubai‑based Matin Group. According to Sam Bousfield, CEO, Founder...
EHang announced its extensive involvement in the FIA Sustainable Innovation Series held in Madrid during the Formula 1 Spanish Grand Prix week. Organized by the Fédération Internationale...
Uzbekistan Airways and Lufthansa Technik have renewed their cooperation with a long‑term agreement extending comprehensive component support for the airline’s Boeing 787 Dreamliner and Airbus A3...