Europe

URAL AIRLINES RAISES CREDIT LINE

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URAL AIRLINES RAISES CREDIT LINE

Ural Airlines has opened a RUB310 million ($9.9 million) credit line with Sberbank. The facility is available to November 11, 2011 at 12.5% per annum. The airline expects to use the credit on working capital financing. Ural Airlines currently operates 12 A320s and two A321s, with seven new A320s exp...

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