Russian Finance Ministry is "ready" to issue RUB30 billion ($1.1 billion) in loans to airlines to cover fuel purchases, Deputy Prime Minister Sergei Ivanov told RIA Novosti. He also revealed that in the next couple of weeks the government will propose six-month deferments of payment of taxes and duties on foreign-made aircraft, engines and training equipment. Meanwhile, KrasAir, a former member of the failed AiRUnion alliance, cancelled all flights to/from its Krasnoyarsk hub and is ...

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