newstodate.aero
Feb 6, 2006 (newstodate): As one of the last remaining Russian aviation conglomerates, Kuban Airlines is poised for consolidation as an airline in 2006.
According to Russian law, the process of splitting airline and airport companies must be completed before the end of 2006.
Kuban Airline will thus be separated from Krasnodar International Airport.
To attract investments and management of aviation and airport assets, a separate structure to be called Airports of South will be set up.
Its purpose is the development of Kuban Airlines, the air service agency Kuban and three airports Krasnodar, Anapa and Gelendzhik.
Based at Krasnodar and formerly a division of Aeroflot, Kuban Airlines was privatised in 1992 and operates a fleet comprising five YAK-42 and three YAK-42D aircraft on domestic routes and international routes to Frankfurt, Tashkent and Yerevan
According to Russian law, the process of splitting airline and airport companies must be completed before the end of 2006.
Kuban Airline will thus be separated from Krasnodar International Airport.
To attract investments and management of aviation and airport assets, a separate structure to be called Airports of South will be set up.
Its purpose is the development of Kuban Airlines, the air service agency Kuban and three airports Krasnodar, Anapa and Gelendzhik.
Based at Krasnodar and formerly a division of Aeroflot, Kuban Airlines was privatised in 1992 and operates a fleet comprising five YAK-42 and three YAK-42D aircraft on domestic routes and international routes to Frankfurt, Tashkent and Yerevan