Rosaviatsiya, the Russian civil aviation authority revoked the operating license of Kavminvodyavia, better known as KMV, on 1 October 2011, citing the airline's failure to address concerns raised in August 2011 around the carrier's financial and economic status. KMV was the largest airline in southern Russia, operating a fleet of seven Tupolev Tu-154Ms and two Tu-204-120s from the city of Mineralnye Vody (which translates as Mineral Water!). Under plans announced in 2010, KMV had been expected to be merged, along with five other carriers owned by Rostekhnologii, the huge state owned technology holding company, into flag-carrier Aeroflot-Russian Airlines in 2010 or 2011.
Why not:
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Fri, Oct 7 2011 11:19 AM
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