The story
"Alania" was founded in 1996 as a charter airline. On October 24, 1996, it received its air operator certificate. The airline operated flights from North Ossetia to Moscow using Yak-42D aircraft. Its first flight took place on February 17, 1997, on the Vladikavkaz–Moscow route.
In 2007, "Alania" was acquired by the airline VIM-Avia.
On November 16, 2009, the Federal Air Transport Agency (Rosaviatsiya) suspended Alania Airlines’ air operator certificate “due to non-compliance with the requirements in civil aviation”. On July 15, 2011, the certificate was officially revoked.
From Wikipedia’s article on Alania Airlines, shared under CC BY-SA 4.0.4