URAL AIRLINES RAISES CREDIT LINE

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By TESTCustomwebLP TESTCustomwebLP November 16, 2010 09:15

URAL AIRLINES RAISES CREDIT LINE

Ural Airlines has opened a RUB310 million ($9.9 million) credit line with Sberbank. The facility is available to November 11, 2011 at 12.5% per annum.

The airline expects to use the credit on working capital financing.

Ural Airlines currently operates 12 A320s and two A321s, with seven new A320s expected in the coming years.

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By TESTCustomwebLP TESTCustomwebLP November 16, 2010 09:15
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