7-Sep-2009 12:37 PM

KD Avia's operating certificate revoked

Rosaviatsiya stated it is revoking KD Avia's certification, with all services to be ceased on 14-Sep-2009 (UPI/Itar-Tass, 05-Sep-2009). The carrier, which has already stopped selling tickets, commenced operations as Kaliningrad Avia in 1945, and changed its name in 2005 to KD Avia. According to Rosaviatsiya, KD Avia’s accounts payable have exceeded RUB10 billion (EUR221 million).