Moscow Finds 3.9 Billion Rubles To Keep Rossiya Afloat
Credit: ALEXEY KOMAROV/AW&ST
The Russian government is throwing a financial lifeline to one of the country’s main airlines, GTK Rossiya, trying to keep it afloat long enough to privatize and restructure the business. But the challenges the airline face are large and a prior effort to bail out KD Avia with a 4-billion-ruble (...
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