Siberian carrier Kolavia (Kogalym Avia) is to cease all scheduled passenger services and phase out its remaining Tupolev Tu-154 jets.
Russian aviation regulator Rosaviatsia said Kolavia had decided to carry out only charter flights using foreign aircraft after leaving the scheduled air market on 1 October.
The carrier has two leased Airbus A320s and two Bombardier CRJ200s as well as six wholly-owned Tu-134s and several Tu-154s.
On 1 January, one of Kolavia's Tu-154s was destroyed in a fire, killing three people on board, while preparing for takeoff from its Surgut base.
A spokesman for the carrier said that, in addition to mainline charter flights, it would focus on providing local air services in western Siberia with a fleet of 12 helicopters.