Russia’s Federal Air Transport Agency, Rosaviatsia, has suspended Bylina Airline’s air operator’s certificate (AOC), effective Sept. 1, after the carrier’s management revealed the airline could no longer operate due to financial problems.

According to Rosaviatsia, the Bykovo-based carrier sold nearly 2,000 tickets for flights between Russian regions. Some passengers will be carried by other Russian airlines, according to Russian legislation.

Bylina Airline was founded in 1992; its fleet consisted of Yakovlev Yak-40s and Tupolev Tu-134s aircraft. The aircraft were based in several Russian cities, including Moscow, Perm, Ufa and Samara. The carrier operated charter flights as well as scheduled flights from Ivanovo, Perm and Chelyabinsk to the South of Russia.