Business news from Ukraine

CABINET INTENDS TO INCREASE SHARE OF LOW COST ROUTES IN UKRAINE

1 October , 2019  

The Cabinet of Ministers of Ukraine intends in the next five years to increase the share of low cost air routes from Ukraine from 38% to 63%.
Such plans are contained in the government’s program (draft resolution No. 2186), posted on the parliament’s website.
According to the text of the program, for the specified period, the government intends to create conditions for a 60% increase in passenger traffic from Ukrainian airports from 20 million to 32 million people a year, as well as for increasing freight traffic from airports by 20%, from 94,000 tonnes to 112,000 tonnes per year.
In addition, the Cabinet also plans to stimulate the formation of an approximate average ticket price to the level of the average European indicator and increase the air mobility of the population by 10%, from 5% to 15%.
As reported, in January-August 2019 Ukrainian airlines transported about 9.226 million passengers, which is 10.7% more compared to the same period in 2018.

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