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State Property Fund prepares airline stakes for privatization

State Property Fund prepares airline stakes for privatization

6 November 2008

The State Property Fund has signed orders to prepare its 14.83% stake in Volga-Dnipro airline (Russia) and 51% in Urga airline (Ukraine, Kirovohrad) for sale. Volga-Dnipro is an international transporter of large and heavy cargo; it has a fleet of An-124 Ruslan aircraft that can carry up to 130 mt. Urga is involved in servicing United Nations peacekeeping missions in Europe.

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