According to a letter signed by the president of the company, Aeroflot Bank thought there were too many questions involved in Sirena-3 reservation system to make it worthwhile. The letter also cited the rapidly changing climate in Russian air transportation and Sirena-3's reliance on foreign technology -- as opposed to Russian -- for reasons to rethink their investment.
Tatyana Fedorenko, a representative of the Sirena project, said Aeroflot was not a major investor in the venture and that development would proceed apace.
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