Source Pravda.Ru

Tatarstan Airline to stop flying in 2014 after million-dollar fines



The arbitral tribunal ordered Tatarstan Airline should pay 100 million rubles ($3.125,000) to Kazan airport. The airline owed 98.4 million rubles to the  terminal as a debt, whereas the additional 3.4 million rubles appeared as  interest  for services provided from 2004 to 2013.

Earlier, the court had already ordered Tatarstan Airline to pay 311 million rubles for services rendered by the airport from 2010 to 2013.

After the crash of Boeing-737 of Tatarstan Airline in Kazan, it was decided to revoke the license from the airline. The airline will not be allowed to fly from December 31.