Electronic translation from Russian original

JSC “Airline” UTair »(UTair Aviation) announces the following disqualification of aviation technical equipment: OOO” Russian helicopter company “GALS” and Haven Investments Ltd.

The procedure is applied to the disqualification of these organizations due to the fact that these vendors do not fulfill their obligations in transactions with the Airline and illegally carried out using its cash. In addition to the companies-suppliers of disqualified officers and owners of these organizations.

Disqualification does not mean bad faith of those suppliers to other companies, but partnerships “UTair” with these counterparties terminated in accordance with the “Regulation on the requirements for organizations, suppliers of aircraft components and assemblies,” adopted by the Airline. Airline “UTair” disqualify suppliers at inappropriate as a supply, if the organization provides counterfeit or sub-standard quality of aviation units and components, with attempts to establish the facts of commercial bribery or fraud on the part of organizations, suppliers and providing false information or forged documents.

see also http://www.galsaero.ru/