Russia’s UTair is looking for investors to develop a low-cost airport at Yermolino in the Kaluga region. According to Vedomosti newspaper, UTair CEO Andrey Martirosov said the airport needs $200 million to build facilities that can handle nearly six million passengers per year. The airline is able to be the sole investor, but Russia’s antimonopoly authorities are against the carrier’s participation. UTair plans to base its Airbus A321s, which it ordered at last ...

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