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News from UTair

News from UTair
The UTair Aviation Supervisory Council approved the quarterly report for Q1 2013 at its regularly meeting held on May 14, 2013. The report reveals positive growth trends in the airline's activities and the strengthening of its position as one of the leaders on the Russian aviation market and the largest global helicopter operator. In the first three months of 2013 UTair revenue from passenger transport increased by 17% over with the same period in 2012 and passenger turnover grew 10 percent over with the same period in 2012. Outstanding growth in financial and operational results has been achieved by growth of international flight operations (regular as well as charter) and route-network optimization on domestic routes. A significant increase in revenue comes as a result of international passenger carriage, with 66 percent of revenue in the reporting period coming from this activity. International passenger turnover increased 37 percent over the same period in 2012. The report also indicates UTair helicopter operations maintain positive dynamics. Operational results in recent years witnesses UTair's steadily expanding share of the Russian aviation market. For the reporting period in question, growth in revenue from domestic rotor wing aircraft operations grew 28 percent over the same period in 2012. “An efficient fleet development strategy is one of the key components of UTair’s success,” commented the UTair Aviation CFO Igor Petrov in his remarks on the first quarter results. “Fleet modernization and expansion secures a high degree of safety in operations, improves product quality and allows UTair to enter new markets.” The agreement between the Peruvian Directorate General for Civil Aviation and the Interstate Aviation Committee for the mutual recognition of airworthiness certification signed on May 16 2013 gives the green light for operations of 20 Russian built Mil helicopters in the fleet of UTair Group subsidiary Helicopteros del Sur (Helisur) based in Peru. Helisur is an active player on the helicopter operations market in Peru. Helisur crews receive regular training at the UTair Training Center in Tyumen, with a total of 113 professionals slated to complete various training programs in 2013. The UTair Training Center is also completing negotiations for an agreement with San Mart?n de Porres University in Lima, Peru, to train young pilots. In 2012 a subsidiary of UTair Engineering has been registered in Peru and 12 hectares of land has been acquired 50 km from Lima to develop a local MRO service center. The agreement for mutual recognition of airworthiness certification signed in Moscow makes it easier to obtain an export airworthiness certificate and register new helicopters assembled in Russia in the aeronautical register of the Republic of Peru. About UTair The UTair Group includes airlines conducting passenger and cargo operations with fixed-wing and rotary-wing aircraft as well as enterprises offering MRO, personnel training, flight services and air transportation sales services. UTair Aviation is the Group's core enterprise and includes UTair-Express, UTair-Ukraine, UTair-Cargo, Turukhan, JSC Nefteyuganskiy, Vostok, Helisur, UTair Europe, UTair South Africa and UTair India as well as UTair-Technichs, UTair-Engineering and other enterprises. UTair Group headquarters are situated in Surgut. Subsidiaries are located in Sugut, Tyumen, Khanty-Mansyisk, Moscow and in other cities in Russia and world.

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