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THE AIRLINE FROM TATARSTAN HAS FILED FOR BANKRUPTCY

... arbitration of the republic with an application for insolvency. The airline faced serious financial difficulties, which led to the decision to file a lawsuit. On January 21 of this year, Rusbankrot already announced the company's plans to initiate bankruptcy proceedings. This became known after the relevant information was posted on the "Fedresource". The airline indicated that its creditors are 65 legal entities and individuals. The organization reported that its debt to creditors reached 588 million rubles. As a result, the lawsuit went to court on February 7, 2025 (case no.A65-3743/2025). In 2023, the aviation company achieved revenue of 2.2 billion. The profit earned that year was 218 million. But financial ...

THE ESTONIAN AIRLINE IS PREPARING FOR BANKRUPTCY

... become critical for a company that has already faced financial difficulties. NAG manages the activities of Nordica and Xfly airlines. As you know, the Estonian authorities had previously decided on the need to transfer NAG to private ownership. The ... ... will receive notifications. The Estonian structure dealing with the problem of unemployed employees will be informed about the bankruptcy. NAG appeared in 2015. This happened after the leading carrier, Estonian Air, was declared bankrupt. Initially, the ...

THE TAX AUTHORITIES FAILED TO BANKRUPT THE AIRLINE FROM SURGUT

... court session, a petition for termination of proceedings was submitted to the arbitration (paragraph 1 of Article 57 of the Bankruptcy Law). It turned out that there were no sources for financing the insolvency procedure, and the tax authority reported that it was impossible to do this at the expense of the treasury. According to Pravda UrFO, the airline could repay a significant part of the debt to the tax authorities. At the same time, the current trial is not the first in the history of the organization's relationship ...

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