Nine airlines will be grounded by the end of the week due to overdue debts, aviation authorities announced Wednesday.
Three of the airlines -- Interavia, Dalavia and Omskavia -- had all but suspended flights already, stranding hundreds of passengers.
Friday, October 17, 2008
Don't look now, Vlad.
Remember a few weeks ago when Putin was gloating over the presumed downfall of America and western capitalism? Due to the credit crunch and collapse in oil prices, Russian commerce is shutting down. Nine Russian airlines have closed shop.
Posted by Lou Minatti at 7:26 AM