OREANDA-NEWS. August 16, 2013. Sviaz-Bank’s branch in Yekaterinburg keeps on funding the Ural Airlines Air Company, OJSC. It has opened a revolving credit line of 300 million rubles for a drawdown period of 12 months to the company that will use the borrowed funds to increase its working capital.

This is the second credit line to be opened by the Bank for the air company. The first loan was made in 2012.

The Ural Airlines Air Company, OJSC, is one of Russia’s biggest air companies. It is ranked steadily among the top Russian carriers in passenger traffic that is growing at an annual rate of approximately 30%.