UTair Renames Subsidiary UTair Engineering
OREANDA-NEWS. UTair (UTair Aviation JSC) has continued efforts to improve its aircraft maintenance and repair system consolidated in a separate business unit. In May 2007, Plant No. 26 Open Joint-Stock Company was renamed UTair Engineering. The change in the corporate name does not involve any restructuring processes and does not entail any changes in the Company’s commitments and rights with regard to third parties.
In 2006, the Company was put in charge of helicopter maintenance and received high quality maintenance staff. Now, UTair Engineering is responsible for day-to-day and scheduled aircraft maintenance for the Airline and external companies.
UTair controls 55.81 percent of common shares of UTair Engineering.
The Company was renamed in line with the rebranding program implemented at UTair Group.
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