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Putin approves moving financing for reconstruction of largest seaport in Sakhalin forward to 2024

Putin approves moving financing for reconstruction of largest seaport in Sakhalin forward to 2024
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Aeroflot Group to divest eastern carrier Aurora

By David Kaminski-Morrow2020-12-17T19:19:00+00:00
Aeroflot Group is to withdraw from the ownership of eastern Russian carrier Aurora Airlines, by selling its majority stake in the company.
Aurora Airlines serves a route network from Khabarovsk, Yuzhno-Sakhalinsk and Vladivostok.
It operates a fleet of 10 Airbus A319s as well as about a dozen turboprops, mainly Bombardier Dash 8 models.
Aeroflot Group holds 51% of the carrier but it states that, following a board meeting on 17 December, it has “decided to terminate” its participation.
Source: Aurora Airlines
Aurora operates out of airports in the far east of Russia
It will sell its 51% share in the company to the Sakhalin Region Development Corporation. The corporation says its aim is to ensure a high level of socio-economic development and growth for the region through investment in priority activities. ....

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