Magadan Air Concern (Magadan Aviakoncern)(MAK)

Magadan Air Concern (Magadan Aviakoncern)(MAK) was based at the remote Siberian destination of Magadan, the Aeroflot Soviet Airlines directorate was reformed in 1992 into a semiautonomous division of the new Aeroflot Russian International Airlines (ARIA). Cargo charters to Europe, Africa, Asia, and the U. S.
Having determined that Magadan Air Concern will not regain its economic viability, the Russian government’s aviation authority, the FSVT, grounds the northeastern carrier on 21Jan2000. The defunct airline’s assets are all seized and parceled out to its creditors