Far East | Transport, logistics

Dalavia out of business, $65m debt

9 Jun '09
The Khabarovsk Court of Arbitration has declared Khabarovsk-based air company Dalavia bankrupt, a source in court said today.

Dalavia’s outstanding accounts payable are almost $65m, the report said. Its accounts are reportedly under arrest since October 2008.

According to court, auctions will be announced to sell all property worth more than $3,225.

Dalavia was one of the largest air companies in Russia’s Far East.
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Locations: Khabarovsk krai

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