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Sky Express

Sector: Aerospace & Defense • Location: Russia

Source: European Bank for Reconstruction and Development (EBRD)

Project
Complete

The proposed project will support the launch of the first low cost airline, Sky Express, in the Russian Federation, focusing on domestic services. The transition impact of the project will stem from: SkyExpress is a start up airline and is expected to commence operations before the end of 2006. Up to USD 20 million equity, alongside a range of private equity investors and local entrepreneurs. Init

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Project Information

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The project “Sky Express” is an infrastructure initiative in the Aerospace & Defense sector, located in Russia. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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complete

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Description

Description

The proposed project will support the launch of the first low cost airline, Sky Express, in the Russian Federation, focusing on domestic services. The transition impact of the project will stem from: SkyExpress is a start up airline and is expected to commence operations before the end of 2006. Up to USD 20 million equity, alongside a range of private equity investors and local entrepreneurs. Initial capitalisation of the airline will be USD 48 million. The project was Screened C/1.The Company plans to implement the IOSA training programme so as to meet air safety and industry standards required by IATA. The Bank will require that the Company operates in compliance with Russian and international aviation safety and environmental standards, including ICAO and EU standards of civil aviation and aircraft safety, fuel consumption, engine emissions and noise. None. Marina Bukalova Tel: + 7 903 676 09 16

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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