According to the company’s information, VTB bank will grant UTair Aviation a credit of 2 billion rubles. AEX.ru

UTair Express will act as surety for this credit agreement. The amount of credit is 2 billion rubles which is 181,4% of Utair Express’ balance cost as of March 31st 2011, the company has noted.

According to the agreement, the last payment should be performed by UTair Aviation not later than December 23rd 2011.

The agreement has been signed on June 14th 2011.