> renamed | ^ merged in | => merged to form airline | +> or + assets taken | < divided |
Kuban Airlines was established as a division of Aeroflot in 1932 and was privatised in 1992 as Krasnodar Avia. Operations started on 30Jun1932 & ceased on 11Dec2012 & filed for bankruptcy, citing its inability to comply with new Federal Aviation Regulations, FAR-11, which imposed a minimum fleet size of eight aircraft with a seating capacity of at least 55 seats on all commercial carriers
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