Government Approves $316.5 M To Subsidize Russian Carriers

aircraft
Credit: Airbus
MOSCOW—The Russian government has provided RUB23.4 billion ($316.5 million) in subsidies to local airlines to cover COVID-19 losses, the country’s Federal Air Transport Agency Rosaviatsiya said May 14. If airlines—which have to apply for the aid—are awarded a subsidy, the agency mandated that at...

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