Ukrainian carrier AeroSvit has filed for bankruptcy but it still flying for now. AeroSvit Airlines has filed a petition with the Kyiv Regional Commercial Court to initiate bankruptcy proceedings for the purpose of commencing reorganization procedure, restoring solvency and ensuring fulfillment of commitments to its creditors in full. On December 29th, 2012, Kyiv Regional Commercial Court decreed to commence bankruptcy proceedings regarding Private Joint-Stock Company “AeroSvit Airlines”. However, the airline said in a statement on its website that “as of today the airline is not bankrupt, as AeroSvit Airlines does not stop its operations and will continue to fulfill its

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