UTair Finance in technical default

Credit: Rob Finlayson

Russia’s UTair Airline subsidiary UTair Finance has entered into technical default on bonds. UTair-Finance cited insufficient funding for its failure to repay RUB1.23 billion ($27 million) and RUB1.45 billion of installments on two 1.5 billion-ruble tranches of three-year debt, according to...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.