Kuban Airlines plans to cease operations on 11-Dec-2012 due to financial issues and the inability to comply with new regulations which require scheduled airlines to operate a minimum of eight aircraft with a capacity of 55 seats each, as per reports by Travel.ru, RBC and Aviation Explorer. Kuban Airlines currently operates six aircraft. The airline has filed for bankruptcy with the Krasnodar Region Arbitration Court.
Kuban Airlines to cease operations on 11-Dec-2012
You may also be interested in the following articles...
Aeroflot 6th freedom Part 1: long haul growth emphasises Europe-Asia connections
The Western Europe-North East Asia corridor has gained attention as the centrepiece of Finnair's expansion strategy. But just over 500 miles away in Moscow Aeroflot is quietly pursuing a role carrying transfer traffic between the regions. Although Aeroflot's spread of Asian destinations is not as extensive as Finnair's or those of the Gulf airlines, Aeroflot has favourable geography and lower costs. It is not subject to Russian overflight rights and associated costs. Finnair carries the tenth largest number of O&D passengers between Western Europe and Northeast Asia, while Aeroflot is 13th. After Emirates, Aeroflot is the second largest airline transporting passengers between the regions, but is based in neither.
A member of SkyTeam, Aeroflot is not part of the joint ventures (trans-Atlantic and Europe-Asia) that define the alliance's inner circle. Its long haul transfer strategy is focused on Western Europe-Asia. This strategy allows it some independence from SkyTeam but may also aggravate the alliance's established members, much the way that Turkish has irked Lufthansa and United. Aeroflot's connecting traffic, although still an overall small proportion of its international traffic, has grown faster than local traffic.
Odessa International Airport Part 1: Tourism remains important in a still-troubled region
Odessa International Airport lies in the south of the Ukraine on the Black Sea. Although it is removed from the fighting in eastern Ukraine and the annexed Crimea those events have inevitably impacted on it, as they have elsewhere in a country that is trying to effect an economic recovery.
The airport is business-oriented, without much exposure to low cost airlines, but it represents a city-region that retains a robust and multi-faceted economy. A modernisation project has been delayed but the first part of it should be completed in 2016, thus giving it the opportunity to compete directly with the much larger airport at the capital, Kiev.
This two part report examines Odessa International Airport (OIA) by way of several sets of metrics, looks at the airports that are rivals to it, at its construction activities and its convoluted ownership.