Showing posts with label VIM. Show all posts
Showing posts with label VIM. Show all posts

29 September, 2017

Aeroflot to rescue VIM

Russian government officials confirmed yesterday that the state controlled airline Aeroflot will help private carrier VIM Airlines after the struggling airline asked for financial aid from the state.

VIM Airlines cancelled or delayed dozens of flights over the last few days for the past few days since it asked for help with its finances. The statement said Aeroflot's board of directors was to meet on Thursday to discuss ways to support the operations of VIM airlines, however, the statement, nor did any government spokespeople confirm just exactly how much money VIM would get.  

Yet according to local media, a source inside the air transportation administration says would spend some 1.85 billion roubles which is about $31.92 million to prop up VIM Airlines and restructure the company.