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KD Avia (Kaliningrad) ceased all operations and declared bankruptcy on September 8 as it was facing a suspension of its AOC by the Russian government on September 14. Previously the carrier had suspended operations earlier this year on March 11 and was able to resume operations with backing from a bank.
KD Avia (Kaliningrad) suspended all operations on March 11, 2009 due to its on-going financial difficulties. However on March 13 it was able to restore operations after it secured “new arrangements” (i.e. state aid from the government) to stabilize the company. The aircraft leasing companies have now lifted the restrictions on the operation of the leased aircraft.