The state property management department of Russia’s Khanty-Mansi autonomous area has received a 38.8% share in UTair Airline. The Tyumen regional government now owns an 8.4% share in UTair, according to documents disclosed by the carrier on Jan. 15. At the end of November 2015, it was announced that UTair was to receive a capital injection from regional governments. At the end of December 2015, UTair issued 3.125 additional common shares with a par value of RUB1 ($0.013). At the ...
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