Kyiv-based AeroSvit Airline at the end of December 2012 paid around Hr 19 million in wage debts for November 2012 to its employees to execute a recommendation of the Prosecutor General's Office in Kyiv region, the press service of the Prosecutor General's Office has reported.
The press service said that in early 2012, under a claim of the Prosecutor General’s Office in Kyiv region, Hr 24.31 million in wage arrears was paid.
In addition, the Prosecutor General’s Office ordered the territorial state labor inspectorate in Kyiv region to organize checks on the paying of wage debts at the airline and to take correspondent measures.
The Prosecutor General’s Office for supervision the observation of laws in the transport area in Kyiv region under addresses of councils of trade unions of air stewards and the provision of flights at AeroSvit, the chairman of the executive committee of the trade union League of Airline Pilots of the said airline submitted information on the non-payments of wages to employees of the airline into the single register of prejudicial inquiries.
The prejudicial inquiry is being conducted by the investigation department at Kyiv-based Boryspil airport of the Interior Ministry in Kyiv region and under control of Prosecutor General’s Office in Kyiv region.
As reported, the economic court in Kyiv region, after considering an application from private joint-stock company AeroSvit Airline, on Dec. 29, 2012 commenced proceedings on the bankruptcy case. The case will be heard on Jan. 23, 2013.
According to a ruling published in the single ruling register, the court also ruled to introduce a property management procedure for the airline, and appointed arbitration manager Leonid Talan as its property manager.
The ruling says that as of Dec. 27, 2012, the airline had a debt of Hr 4.27 billion to its creditors. According to the balance sheet as of Sept. 30, 2012, the total assets of AeroSvit stood at UAH 1.467 billion.
The airline later said that the submission of the claim was made as a part of its restructuring to launch a readjustment procedure, restore the airline’s solvency and ensure the fulfillment of its liabilities to creditors.
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.
