Russian court declares Aeroflot subsidiary Donavia bankrupt

A Russian court has declared Aeroflot Airline subsidiary Donavia insolvent following a bankruptcy filing in January when Aeroflot filed on behalf of its two subsidiaries—Orenburg-based Orenair and Rostov-on-Don-based Donavia.Orenair was declared bankrupt in February 2017.In November 2011, Aeroflot...

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