The airline has asked banks to write off the debt, otherwise it threatens to go bankrupt.
Banks want to pick up the carrier for the project of a regional airline. Utair has heavy debts, and Sberbank is its largest creditor.
The largest Russian air carrier recognized the large-scale crisis in the transportation market due to the increase in prices for kerosene by one third and the decline in demand. It was already ripening the company for dumping.
This is the largest single order of a Russian airline for such aircraft.