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Yakutia will reduce its share in the republican airline for the sake of "Aurora"

Yakutia will reduce its share in the republican airline for the sake of "Aurora"

Yakutia will reduce its stake in the Yakutia airline to transfer it to the Aurora Far East airline. The government of the republic will reduce the number of shares by 25% plus one share.

This was reported by the press service of the regional ministry of property and land relations. This decision includes a forecast plan for the privatization of state property in Yakutia for 2021-2023. It must be approved by the State Assembly of the republic.

This is necessary for the consolidation of the aviation enterprises of the Far Eastern Federal District, for the development of a system of state support measures to reduce the cost of air tickets, increase the availability of air traffic in the Far East, as well as create a single route network.

The shareholders of the Aurora Far East airline will be the Ministry for the Development of the Russian Far East (one share), ten regions of the Far East with 5% each in the authorized capital, as well as the Sakhalin Region, which has 49% of the shares.

Far Eastern aircompany established in 2020 on the basis of the Aurora airline. To renew the park will buy Canadian planes... In total, it is planned to make a fleet of 68 vessels, 45 of which are Russian. It is also planned that helicopters for the needs of the carrier will be built in the Primorsky TerritoryThe Far Eastern airline should make money will be in April 2021. 

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