Russia’s Federal Air Transport Agency sues Tajik Air for its debts

The Moscow Arbitration Court, Russia, is considering a lawsuit by the Federal Air Transport Agency of Russia (Rosaviatsia) against the Tajik national air carrier, Tajik Air.

By its claim, the Federal Air Transport Agency is demanding to recover a debt from the Tajik Air for air navigation services in the amount of about US $555,000, Russian media reported with reference to RIA Novosti.

The representative of the Federal Air Transport Agency said that the debt for services was formed during the period from September to December 2018. “Until this period, the air carrier paid the invoices, and then this process stopped,” one said in a statement.

It is noted that the main hearings on this case will be held on July 11, 2019.

Tajik Air has suspended its core business at the beginning of this year due to a sharp deterioration in its financial position.

The airline is experiencing great financial difficulties since the end of zero years. Tajik Air experts say the air carrier turned out to be in such conditions due to high prices for jet fuel and unstable economic situation.

As regards Tajikistan itself, the airline owes large sums to the airports in Dushanbe and Khujand, Tajik Air Navigation, Refueling Company, Tajik Catering Service (in-flight meals), Amonat State Savings Bank and others.

At the end of January 2019, the former deputy manager of the executive office of the President of Tajikistan replaced the former CEO of Tajik Air Khairullo Rakhimov.

The new leadership of the air carrier intends to overcome the crisis by reducing costs and through new management methods.

Source – https://news.tj/

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