Business news from Ukraine


20 October , 2021  

Businessman Vasyl Khmelnytsky is looking for a partner for the joint development of Kyiv Sikorsky International Airport (Zhuliany).
“I am now looking for a partner in the airport [Kyiv International Airport]. But it is important for me not just to sell the airport, but to find partners who have a slot of aircraft, who have a reputation in this business, who have cheap loans, who will do the right strategy for the airport. I need their experience,” Vasyl Khmelnytsky said during an interview with co-owner and CEO of TIS port Andriy Stavnitser.
The businessman also stressed that synergy with a partner is important to him.
As reported, Khmelnytsky announced that he plans to continue investing in Kyiv airport.
Kyiv International Airport is located 7 km from the center of the capital. It ranks second in Ukraine in terms of the number of flights and passenger traffic. The airport has three terminals with a total area of 21,000 square meters. The airport runway allows accepting aircraft such as Boeing-737, Airbus A-320. However, even with the A-320, there are loading restrictions on long haul flights.
Based on the results of the 2010 investment tender, the airport is managed by Master-Avia, which has entered into a 49-year lease agreement for the airport property. According to the company, during this time it has invested more than $ 50 million in the creation of new airport infrastructure and is still using all available resources to pay off the loan. The beneficiaries of the company, according to the unified state register of legal entities and individual entrepreneurs, are Vasyl Khmelnytsky and Kostrzhevsky.
In March 2019, Khmelnytsky said that his UFuture business group owns 90% of the shares of Master-Avia LLC, another 10% in the company belongs to Khmelnytsky’s partner Denys Kostrzhevsky.
Master-Avia owns terminals and the apron, and the airfield and the runway are on the balance sheet of municipal enterprise Kyiv International Airport (Zhuliany).

, , , ,