Ural Airlines backs out of merger with Aeroflot
22 December 2008 (09:22)
‘I am positive that, under the current economically unstable circumstances, quite a few Russian carriers are going to survive this winter. A lot of them might have to leave the market,’ Ural Airlines’ General Director Sergey Skuratov announced in the course of a recent press conference.
‘We are already getting proposals from some smaller market players who suggest we could merge. Then, we had a merger proposal from Aeroflot as well, but we backed out of this offer. I believe our company is strong enough to get through the crisis and remain an independent entity,’ Skuratov said.
‘We are already getting proposals from some smaller market players who suggest we could merge. Then, we had a merger proposal from Aeroflot as well, but we backed out of this offer. I believe our company is strong enough to get through the crisis and remain an independent entity,’ Skuratov said.
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