UTair Airline will receive a RUB11.5 billion ($175 million) capital injection from the government of Russia’s Khanty-Mansi autonomous area. According to the government, the decision was made “to support the regional airline routes development steadiness.” Last year, UTair launched a cost-cutting program, Impulse, and grounded part of its fleet due to economic turbulence, currency exchange rate increases and declining passenger numbers. One of UTair’s main bases is ...

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