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Ukrainian Aviation Landscape Changes as Aerosvit Declares Bankruptcy

Ukraine’s eighteen year old flag carrier Aerosvit entered into bankruptcy on the 3rd of January, continuing the list of European large airline bankruptcies, and becoming the first airline to declare bankruptcy in 2013.  AeroSvit operates as a Closed Joint Stock Company and is owned by the Privat Group – which also owns Dniproavia and Donbassaero. The owner of the Privat Group is […]

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