Business news from Ukraine

KHARKIV INTERNATIONAL AIRPORT INCREASES PASSENGER FLOW BY 20% IN 2018

Passenger flow of the Kharkiv international airport in April 2018 totaled 65,300 people, which is 5% more than in April 2017 (61,900). The press service of the airport reported that total passenger flow in January-April 2018 grew to 236,900 people, which is 20% more than a year ago (196,800).
In April, Wizz Air low cost airline returned to the airport. From April 5, 2018, the airline launched direct flights to Dortmund (Germany). In April, the UIA airline also started flying on the Kharkiv-Milan (Italy) route. In addition to new flights, seasonal flights to Antalya (Azur Air Ukraine, UIA and Windrose) were launched. Traditionally popular destinations were Istanbul (Pegasus, Turkish Airlines and Atlasglobal), Kyiv (UIA), Sharm El-Sheikh (Azur Air Ukraine, Windrose and Bravo Airways), Warsaw (LOT), Tel-Aviv (UIA) and Minsk (Belavia).
Kharkiv airport has a runway 2,500 meters long and 50 meters wide. There are two passenger terminals with the capacity of 100 and 650 people on its territory. DCH manages the airport through New Systems AM.

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KYIV INTERNATIONAL AIRPORT WANTS TO OVERHAUL RUNWAY IN COMING YEARS – BOARD CHAIRMAN

The Sikorsky Kyiv international airport plans to overhaul a runway in coming two or three years, Board Chairman Denys Kostrzhevsky has said. “The next stage to increase the passenger flow and increase profits and payments to the budget will be the reconstruction of the runway and the airfield. The runway has been operated for about 10 years and gradually deteriorates. To ensure flight safety, it is necessary to overhaul runway in the coming two or three years, with the closure of the airport for a year,” he said in an interview with Interfax-Ukraine.
According to the top manager, the problem is that the runway currently belongs to the municipal enterprise, that is, to the city’s community, and only this enterprise can carry out its reconstruction.
“In order to attract private funding for the reconstruction of the runway, and this is logical, it is necessary to resolve the issue of transferring the runway to either concession or lease on the terms of reconstruction to a private investor. We face this task for the next two or three years: either at the expense of the municipal budget, or with the involvement of a private investor,” Kostrzhevsky said.
Kyiv International Airport (Zhuliany) is located in the business center of the capital, seven km from the city center. It is the second largest airport in Ukraine in terms of the number of flights and passenger traffic. The airport has three terminals with a total area is 21,000 square meters. Terminal B is separate facility for business-class service, it is part of the Fixed Base Operator (FBO) system. The airport’s runway is able to handle B-737 and A-320 aircraft.

KYIV INTERNATIONAL AIRPORT TO EXPAND TERMINAL TO SERVICE GROWING PASSENGER FLOW – BOARD CHAIRMAN

The Sikorsky Kyiv international airport intends to expand Terminal A for servicing growing passenger flow, Board Chairman Denys Kostrzhevsky has said. “In the coming years we predict growth of passenger flow and the new large-scale reconstruction being conducted by Master-Avia (the company that manages the airport) is linked to this. In 2019, the airports arrival and departure capacities would be doubled,” he said in an interview with Interfax-Ukraine. He said that at present, the international flight arrival zone has been re-equipped and expanded, and in the middle of May 2018 the large-scale reconstruction of Terminal A will start at the airport.
“Previously, the airport used Terminal D only for servicing domestic flights. Unfortunately, the domestic passenger traffic decreased significantly. IT practically came to nil. It was decided to re-equip a part of the facilities for servicing the arriving passengers from international flights. I cannot name the exact cost of reconstruction, as we are in the process. This is about UAH 20 million,” Kostrzhevsky said.
He added that two galleries have already been built that joined Terminals D and A. The number of passport control posts doubled, the area for staying passengers has been expanded significantly. The number of luggage delivery belts was doubled.
“It is planned to add more areas, about 9,000 square meters, to Terminal A, which will double the number of check-in counters, to 40. Also, the number of passport control desks, security checkpoints will be doubled, and, as a result, the number of passengers served simultaneously will grow 2.5-fold. Now it is about 700 passengers per hour, and there are plans to bring it up to 1,500,” Kostrzhevsky said.

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KYIV INTERNATIONAL AIRPORT SEES 50% RISE IN PASSENGER FLOW IN Q1 2018

The Sikorsky Kyiv international airport (Zhuliany) serviced 442,000 passengers in Q1 2018, which is 50.4% more than in Q1 2017. The airport’s press service told Interfax-Ukraine that the number of passengers serviced at the international flights totaled 423,900 and on domestic flights – 18,100. The number of flights in Q1 2018 totaled 5,499 (arrivals and departures), which is 23.3% more than a year ago, including 4,519 international flights and 980 domestic flights.
The most popular international destinations in the first quarter of 2018 are Dubai (the UAE), Minsk (Belarus), Ankara (Turkey), Warsaw (Poland), Budapest (Hungary), Memmingen (Germany), Rome (Italy); and internal – Odesa, Zaporizhia and Lviv. Kyiv International Airport (Zhuliany) is located in the business center of the capital, seven km from the city center. It is the second largest airport in Ukraine in terms of the number of flights and passenger traffic.
The airport has three terminals with a total area is 21,000 square meters. Terminal B is separate facility for business-class service, it is part of the Fixed Base Operator (FBO) system. The airport’s runway is able to handle B-737 and A-320 aircraft.

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GOVERNMENT APPROVES FINANCIAL PLAN OF BORYSPIL AIRPORT

The Cabinet of Ministers of Ukraine has approved a financial plan of state-owned enterprise (SOE) Boryspil International Airport (Kyiv), the largest airport of the country, for 2018 with the projected net profit of UAH 1.388 billion. This is outlined in a government resolution passed at a meeting on April 11, 2018, a copy of which is available to Interfax-Ukraine.
According to the document, net revenue in 2018 is planned in the amount of UAH 3.93 billion, gross profit – UAH 2.156 billion, earnings before interest, taxes, depreciation and amortization (EBITDA) – UAH 2.473 billion, and EBITDA margin – 69.9%.
Pretax profit could be UAH 1.695 billion, payments to the state – UAH 1.923 billion and capital investment – UAH 2.263 billion.
Boryspil International Airport is the main airport of Ukraine. The airport has two runways: one with a length of 4,000 meters and a width of 60 meters, and the second with a length of 3,500 meters and a width of 63 meters. Four passenger terminals, postal and cargo complexes are located on the territory of the airport.

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