All news

Russia’s Alfa Bank files four more lawsuits against UTair

The bank earlier sued the air carrier for an $11.8 million unpaid debt

MOSCOW, December 9. /TASS/.  Russia’s Alfa-Bank has submitted another four unpaid debt claims, with one claim exceeding 22 million rubles ($406,000), against airline UTair and UTair-Leasing to the Moscow Arbitration Court, according to court documents seen by TASS on Tuesday.

The bank earlier sued the air carrier for an $11.8 million unpaid debt. Earlier on Tuesday, bailiffs of the court seized seven helicopters of UTair under the earlier Alfa-Bank’s claim.

A representative of the Arbitration Court of the Khanty-Mansi Autonomous District said that Samara’s Kuromoch airport also submitted a 10 million ruble ($185,000) claim against UTair to the court.

In November and earlier in December, several courts registered bankruptcy petitions against the airline by Avialeasing, YUGRA SPb, and airports of Yekaterinburg and Perm.

A spokesman for the company told TASS on Monday the lawsuit filed by Avialeasing was not expected “to affect UTair’s operations.”

UTair is currently implementing the Impulse program for improving its efficiency and optimizing the route network and fleet. This is expected to reduce the airline’s costs by up to 10 billion rubles ($180 million) by late 2015.