Kyiv-based AeroSvit Airline has grounds for bankruptcy, the property manager of the company, Leonid Talan has said.
“I think that the ratio of [the airline’s] debts and assets shows
that there are grounds for bankruptcy,” he told reporters after a
hearing of the economic court in Kyiv region on the base of AeroSvit’s
bankruptcy in Kyiv on Wednesday.
Talan also said that there are no grounds to say about artificial bankruptcy of the airline.
The economic court in Kyiv region on January 23, 2012 decided to
postponed the hearing on the case of AeroSvit’s bankruptcy for 1415
February 15, 2013.
The court gave three weeks and two days to the airline to carry out a stocktaking of its property and submit information on it.
Talan said that the airline’s property stocktaking was not conducted
before the Wednesday hearing due to the large amount of property and the
fact that the property is scattered.
Talan initially asked the court to give a chance of conducting the
stocktaking by March 22, 2013, although the court decided to give three
weeks. The arbitration manager agreed with the decision.
The economic court in Kyiv region, after considering an application
from private joint-stock company AeroSvit Airline, on December 29, 2012
commenced proceedings on the bankruptcy case. The case will be heard on
January 23, 2013.
The Boryspil united state tax inspectorate in Kyiv region filed a
claim to the economic court of appeals in Kyiv against a ruling of the
economic court on the opening of proceedings in the case of bankruptcy
of the airline. The court accepted the claim on January 21, 2013.
Later, the Income and Tax Ministry service reported that the State
Tax Service is investigating into the availability of credit claims of
the state as a part of the procedure for AeroSvit’s bankruptcy. The
ministry said that due to the start of the bankruptcy procedure, the
scheduled comprehensive check of the company was not finished.
AeroSvit was created in 1994. It is based at Boryspil airport in
Kyiv. It previously served 80 international destinations in 34
countries, and provided services to the largest cities of Ukraine. Its
fleet consisted of 28 Boeing aircraft, including 20 medium-range Boeing
737s and eight long-haul Boeing 767s. In addition to that, it operated
Airbus 320, Airbus 321, Embraer 145, Embraer 190, and ATR-72 aircraft.
