newstodate.aero
Apr 07, 2015 (newstodate): Russia's economic plights reflected in the country's aviation industry has now caused another carrier to have its wings clipped.
The Russian CAA has revoked the AOC held by Voronozh-based airline Polet, and the eventual fate of the airline will be up for discussion at a court hearing in May 20,2015, which may lead to the bankruptcy of Polet.
Contributing to the carrier's financial problems is the unresolved issue concerning the two AN-124 Ruslan freighter that have been arrested as the airline has reportedly not been able to fulfill its obligations.
Polet Airlines has actually been ground since since late November 2014, and its AOC was suspended from December 2014, already, while it still struggled to build up a new business case with new aircraft.
The Russian CAA has revoked the AOC held by Voronozh-based airline Polet, and the eventual fate of the airline will be up for discussion at a court hearing in May 20,2015, which may lead to the bankruptcy of Polet.
Contributing to the carrier's financial problems is the unresolved issue concerning the two AN-124 Ruslan freighter that have been arrested as the airline has reportedly not been able to fulfill its obligations.
Polet Airlines has actually been ground since since late November 2014, and its AOC was suspended from December 2014, already, while it still struggled to build up a new business case with new aircraft.