MOSCOW, April 23 - RAPSI. The Moscow Commercial Court found the Avianova airlines bankrupt under simplified procedure and opened a six-month bankruptcy process against the company.
At a hearing on Monday, a representative of the Averon company, which filed the bankruptcy statement, reported that Avianova had not paid its debt to the company.
The lawyer asked to include the debt amounting to 2.344 million rubles ($79,540).
According to Avianova, the airline's total debt is 586 million rubles ($20.2 million), while its assets and equipment are worth slightly more than 4 million rubles ($138,100). The company also said it has 16.1 million rubles in receivables.
The Federal Air Transport Agency revoked Avianova's operations license in January 2011. The airline ceased its flights on October 10, 2011. The license was withdrawn after the three-month suspension period expired.
Avianova paid over 91 million rubles ($3.1 million) to its passengers by December 28, 2011 for canceled flights.
Avianova's bankruptcy was triggered by a conflict between the airline's two major shareholders - the Russian А1 investment firm, part of the Alfa Group, and the U.S. Indigo Partners fund.