Concise Aerospace - State apparently forces solution to KD Avia crisis

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State apparently forces solution to KD Avia crisis

Published 1 December 2008

Airline activities continue, but future unclear as airline and airport activities split (788 words)

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Article ID: 8196

• 17 April 2009 - Civil: VTB bridging finance allows KD Avia's schedule to return to normal
• 8 April 2009 - Civil: KD Avia flight delays reported
• 14 March 2009 - Civil: KD Avia averts grounding
• 11 March 2009 - Civil: KD Avia says operations could close without funding by end of week
• 12 February 2009 - Civil: KD Avia still awaits Government aid
• 12 January 2009 - Civil: Bank takes control of major stake at KD Avia
• 15 December 2008 - Civil: KD Avia looks for a share of Government's Rb30 billion of preferential lending to the airline sector
• 9 December 2008 - Civil: Russian passenger air traffic forecast to fall by at least 10% in 2009
• 26 November 2008 - Civil: KD Avia teeters on edge of collapse
• 28 October 2008 - Civil: KD-Avia makes promissory note payment
• 27 October 2008 - Civil: KD Avia misses debt payment
• 14 October 2008 - Civil: Funding issues begin to confront Russian airline sector as winter draws near
• 2 October 2008 - Civil: KD Avia 737 lands on its belly at Khrabrovo Airport
• 8 September 2008 - Civil: KD-Avia lifts traffic by 128% in first eight months of 2008

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