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1-Jun-2020 8:19 AM

Russia's Prime Minister signs order on issue of EUR139m to support airports

Russia's Prime Minister signed (30-May-2020) an order on the allocation of RUB10.9 billion (EUR139.3 million) for the support of airports. The subsidy funds will be provided by federal reserve fund and will be managed by the Federal Air Transport Agency. The subsidies will be provided to support airports at a time of reduced traffic resulting from the coronavirus pandemic. The funds can be used to pay employee salaries, excluding execute and board salaries, and for insurance, maintenance, repair of property, equipment and transport. [more - original PR - Russian]

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