Russian charter specialist VIM-Avia has closed down its regional subsidiary Air Bashkortostan ahead of a planned fleet renewal.
Rosaviatsia annulled the Ufa-based carrier's air operator's certificate on 9 October, following a request submitted by VIM-Avia on 4 October.
Air Bashkortostan had previously ceased all operations and returned three Boeing 757-200s subleased from the parent airline.
The move is in line with VIM-Avia's new commercial and fleet modernisation plans. "We're expecting aircraft deliveries to replace 757s eventually and are actively developing scheduled services," says the airline.
VIM-Avia has an 11-strong fleet of 757s. Last year, its passenger numbers slipped 6.3% to 1.5 million.
In the first eight months of 2013, Air Bashkortostan transported 232,000 passengers on charter routes from Ufa.