Government of Komi to auction 100% of KomiAviaTrans shares with job and airport

The government of the Komi Republic announced an auction of 100% of the shares of the airline KomiAviaTrans.

The auction contract requires the future owner to preserve transport accessibility, retain at least 1,435 jobs, and maintain the transport purpose of the airports Syktivka, Vorkuta, Uhty, Ussinsk, Pechora and Ust‑Cylme, while keeping registration, passenger service and security responsibilities with the enterprise; the aim is to attract an investor capable of developing the airport complex and funding infrastructure upgrades such as building renovation, equipment and runway maintenance.