The story
VIM Airlines was established by Viktor Ivanovich Merkulov (hence the name of the company) and started operations in 2000, with an Ilyushin Il-62M. At the end of 2004, the company acquired Chitaavia and Aerobratsk, followed by Russian Sky Airlines in 2005.
On 28 September 2017, CEO Alexander Cochnev and Chief Accountant Yekaterina Panteleyeva were arrested after an embezzlement case against the employers of the company.
In late September 2017, VIM Airlines' aircraft were seized at foreign airports and several routes were cancelled, including all operations from its home base Moscow-Domodedovo. The airline's aircraft were seized by lessors in Turkey following ongoing investigations by the Russian authorities. The airline suspended all charter operations in September 2017 and suspended all scheduled operations on 15 October 2017. On 4 November 2017, the airline's license was revoked by Russian authorities as the airline was unable to resume flights.
From Wikipedia’s article on VIM Airlines, shared under CC BY-SA 4.0.4
