Utair airlines made the risk of the termination of activity because of debts. About it it is reported in the notes to the consolidated financial statements of Utair, which are contained in the audit report of Ernst and Young organization. Utair and its subsidiaries in the past year suffered a net loss of nearly $ 22 billion. As at 31 December short-term liabilities of the group exceeded current assets almost 75 billion rubles and its net assets were in the red for 30, 6 billion. To ensure the operation in the low winter season the Airline at the beginning of winter last year made late payments % for seven year loans. At the same time the situation on 31 December 2018, lenders are not passed on to the airline rejection letters from the right to demand early performance of obligations to repay outstanding borrowings and outstanding amounts % for a period of More than 12 months after the reporting date. Payable on such loans in the amount of 65, 8 billion rubles at the end of last year subject to refinancing or restructuring. Losses in the airline explained by the growing fuel prices and competition in the income rates. Utair is a Russian Airline, forming together with its numerous subsidiaries, such as "UTair-Helicopter services" Utair Cargo and others, one of the largest in the country aviaholdinga Group " UTair ", responsible for carrying out passenger and cargo flights in Russia and abroad, as well as aircraft maintenance and training of employees. The airline has the world's largest in size and carrying capacity the current helicopter fleet, operating both in Russia and in other countries. In terms of passenger traffic and passenger turnover Utair occupies the fifth place in Russia after " Aeroflot ", " Russia ", "Ural Airlines" and S7 Airlines. The largest hub of the airline is the capital airport Vnukovo. The headquarters of the airline are located in Surgut. <span style="color:darkgray