On June 10, Antonov JSC (Kyiv) opened bids from tender participants for civil aviation risk insurance services (under insurance classes 1, 5, and 11), according to the Prozorro e-procurement system.
The price proposal from the sole tender participant, ASK “INGO,” amounted to €5.158 million, with an expected cost of €5.452 million.
As reported, insurance classes 1, 5, and 11 cover: aircraft insurance; air carrier liability insurance for damage caused to passengers, baggage, cargo, and mail; and civil commercial aircraft operator liability insurance for damage caused to third parties.
The company was the winner of a similar tender a year earlier.
INGO Insurance Company JSC has been providing insurance services for 30 years. Since 2017, the Ukrainian business group DCH has been the majority shareholder.
According to Serbian Economist, Hungarian low-cost carrier Wizz Air has stated that changes to Serbian aviation legislation could force the company to close its Belgrade hub as early as November 2026.
The carrier believes that the new rules could restrict competition in favor of Air Serbia and contradict Serbia’s obligations within the European Common Aviation Area.
Wizz Air has been operating in Serbia since 2010. According to the company, it has carried over 14 million passengers during this time and currently serves 29 routes to 26 European cities. If the base is closed, more than 150 jobs in aviation and related jobs in tourism, the hotel industry, and airport services will be at risk.
The Serbian aviation regulator rejects the allegations. The Directorate of Civil Aviation of Serbia states that no airline is prohibited from operating flights between Serbia and the EU, and that the new rules merely clarify the regulatory framework and apply equally to all carriers.
https://t.me/relocationrs/2960
Busin Insurance Company (Kyiv) has resumed the operation of the largest obligatory aviation liability reinsurance contract on the Ukrainian insurance market with a limit of $550 million and an obligatory reinsurance contract for aviation CASCO with a capacity of $6 million, according to the website of the insurer.
It is also noted that the well-known syndicates of Lloyds and the world’s leading companies with a high rating of financial reliability are involved in reinsurance contracts. The obligatory program fully applies to retrocession risks, which guarantees prompt consideration of proposals and reliable coverage of risks from reinsurance partners.
SK “Busin” was registered in February 1993. Specializes in risk types of insurance. He is a member of a number of professional and industry associations: the League of Insurance Organizations of Ukraine, the National Insurance Claims Club, the International Association of Aviation Insurers (UA), the Nuclear Insurance Pool, the American Chamber in Ukraine, the British Business Club.
Ukraine International Airlines (UIA) will continue operating flights according to the existing schedule, the company’s press service reported on February 14. “Ukraine International Airlines will continue to operate flights according to the existing schedule, operating 16 medium-haul aircraft without any changes in the schedule. In particular, today’s evening flights and tomorrow’s morning flights are operated without changes,” the company said in a statement.
UIA said the preservation of operational work was made possible by a constructive dialogue between UIA’s business partners, as well as cooperation with the Government of Ukraine.
“Currently, tickets for flights of UIA and partners are on sale on the official website of the airline. The airline will continue to regularly report any possible changes in its operations,” the airline said.
Ukraine has no plans to close its airspace to civil aviation, as there are no grounds for this, Secretary of the National Security and Defense Council of Ukraine (NSDC) Oleksiy Danilov has said.
“We do not close our airspace, and we are not going to close today, and there are no grounds for this. As for some companies that lease aircraft and reinsure themselves. First of all, it is connected with the Netherlands. You remember when Russia shot down MH17 in Donetsk region. They are reinsured today. I emphasize once again: we do not see this, we will not close it,” Danilov told reporters after a meeting with representatives of the Verkhovna Rada on Monday.
Presentation of the private aviation club, Ukrainian Aviation Club (UAC), took place on February 8 in Kyiv, Premier Palace Hotel. This is a professional community that includes international and Ukrainian airline companies, airports and other representatives of aviation and touristic business.
A new edition of the main aviation magazine of Ukraine – Boryspil Magazine, dedicated to the Arabian Gulf countries – was presented at the event. Oleksii Didigurov, the Founder of the Ukrainian Aviation Club, told about the development plan for 2022 and shared his ideas about new projects. Veronika Bulavytska, a Country Manager of Air Astana Airlines, informed about renewal and flight safety from Kyiv to Kazachstan. During the event, UAH 7,000 was collected from the sales of books by the UAC founder, Oleksii Didigurov, which were transferred to Sky People fund.
The representatives of the following companies visited the event:
the main Ukrainian airport – Boryspil, the Head of UkSATSE;
Wizz Air, ElAl, Air Astana, Air Arabia, Windrose Airlines Ukraine;
Ras Al Khaimah tourism office; the U.S. Embassy in Ukraine, Touristic Department of the American Chamber of Commerce; Raisky and Insignia concierge services, aircraft maintenance companies and business aviation,
as well as companies related to flights and mass media.
The partners of the event were: Premier Palace, Qatari Embassy in Ukraine, Krayna. Dyka Voda Zakarpattia (Krayna. Wild Water of Transcarpathia).
Gifts of the following brands were awarded: Ras Al Khaima Tourism, Royal Thai Spa, EKIP-SPORT, Koshkin Dom, Avialiga.
All guests received 50% discount for a stay in Mola Mola Apart Hotel in Lviv.
Qatari Embassy in Ukraine treated the guests.
The next UAC meeting is to take place in March, in a private format, and will be devoted to marketing and PR experts in aviation and tourism.
AVIATION, BORYSPIL, PREMIER PALACE HOTEL, UKRAINIAN AVIATION CLUB
