UTair Group increased its equity position in Production and Commercial Company Katekavia LLC to 75%, UTair informed.
It will be recalled that in June 2013, Russia's Federal Antimonopoly Service granted the application of UTair-Leasing for the purchase 42.1% of Katekavia shares increasing its stake to 75%.
UTair-Leasing LLC, a subsidiary of UTair Aviation providing aircraft / aviation equipment leasing services.
UTair Aviation JSC (tax number: 7204002873) provides passenger transportation services both domestically and internationally being among major air carriers of the Russian Federation. UTair Group operates B737-500, B737-400, B757-200, B737-800.
IFRS net profit of UTair Aviation for H1 2013 grew by 17.3% to RUB 313.834 million from RUB 267.539 million for the same period in 2012. Revenue increased by 7.7% to RUB 33.652 billion from RUB 31.259 billion.
According to the information and retrieval system DataCapital, RAS net profit of UTair Aviation for H1 2013 grew by 23.4% to RUB 278.316 million from RUB 225.588 million for the same period in 2012. Revenue increased by 6% to RUB 28.789 billion from RUB 27.151 billion.
Katekavia Airlines founded on December 26, 1995 operates a fleet of 10 An-24RV aircraft, two Tu-134A aircraft, one An-26 aircraft. Katekavia provides scheduled passenger, luggage, freight, mail transportation services within Krasnoyarsk Krai and beyond it, as well as charter flights in Russia and the CIS countries.
AK&M "M&A Market"
"AK&M", 01.10.2013 18:03