14-Mar-2011 1:32 PM

GTK Rossiya Airline reports EUR7.5m in losses from AN-148 aircraft

Russian Federal Air Transport Agency (Rosaviatsiya) stated Rossiya State Transport Company's (GTK Rossiya Airline) losses for the use of the Antonov An-148 aircraft in 2010 totalled RUB300 million (EUR7.5 million) (Itar-Tass, 11-Mar-2011). GTK Rossiya is the only operator of An-148 equipment in Russia, with six aircraft. The carrier has had to withdraw the aircraft from service for upgrade work but is still required to make lease payments.