An auction on the company sales will be held on 4 May, Regnum reports. The sales come after a Russian federal decision on company privatization made late December last year, Severinform.ru reports. The Naryan-Mar United Air Fleet controls major parts of air traffic in the Northwest Russian Nenets Autonomous Okrug. The oil-rich region in the Russian North has no roads leading to neighboring federal subjects and is therefore dependent of aircraft and helicopter transport. A total of 840 people work in the company.
