MOSCOW, February 2 - RAPSI, Sergei Feklyunin. The court will hear on February 7 Moskva Airlines' appeal against the Moscow Commercial Court's decision to recover from the company $5.97 million rubles under the Russian Technologies state corporation's lawsuit, the court told the Russian Legal Information Agency (RAPSI/rapsinews.com) on Thursday.

The airline owed the debt to the plaintiff after Russian Technologies repaid the borrower's obligation as a guarantor under a loan that Moskva Airlines received from VTB.

In November, the Moscow Commercial Court fully satisfied the lawsuit. The court obligated the defendant to pay primary debt worth 159.337 million rubles ($5.27 million) and interests for using other persons' funds worth 21.1 million rubles ($699.106). VTB Bank was attracted to the case as a third party.

Moscow Airlines was founded as Atlant-Soyuz Airlines in June 1993. Private investors owned a 75-percent stake in the company and the remaining 25-percent stake belonged to Moscow as of 2007. On September 17, 2010, the airline was renamed Moscow Airlines.

Due to its difficult financial situation, the airlines took a number of measures to reduce its flights in December 2010 and also stopped selling tickets. In January 2011, the airline stopped operating.