The State Air Traffic Service Enterprise (UkSATSE) ended 2020 with net loss of UAH 1.489 billion, which is 32.5% more than in 2019 (UAH 1.123 billion).
According to the company’s financial statements published on its website, in 2020 the gross loss amounted to UAH 664.4 million versus UAH 156.4 million in gross profit in 2019.
Net income from the sale of services over the past year decreased 56.5%, to UAH 1.5 billion.
UkSATSE was founded in 1992. It provides a full range of air navigation services: air traffic services, air traffic flow management, airspace organization and management, radio communications, navigation and surveillance, provision of meteorological and aeronautical information for all types of flights.
