Russian alliance AiRUnion, which is run jointly by the government, CEO Boris Abramovich and President Alexander Abramovich, is facing significant financial troubles and requires an immediate restructuring, COO Gustav Baldauf told ATWOnline. A plan to save the near-bankrupt alliance comprising KrasAir, Domodedovo Airlines, Samara Airlines, Omskavia and Sibaviatrans will be formulated by the state-owned Russian Technologies investment fund, which holds 51% of AiRUnion. One potential solution ...

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