OREANDA-NEWS. September 08, 2009. Kaliningrad-based airline KD Avia will have its flight certificate annulled Sept. 14 and other carriers have already started picking up its passengers as they have seats available, the Federal Air Transportation Agency said Friday.

The airline had operational losses of 2.8 billion rubles (USD 89 million) for the first six months of the year and has debts to foreign and domestic airports, air navigation services, employees, leasing companies and the Pension Fund, the agency said.

Chief executive Gennady Boldyrev said that KD Avia had 12 billion rubles in debt.