Business news from Ukraine

Business news from Ukraine

PASSENGER FLOWS AT UKRAINIAN AIRPORTS GROW BY 19% IN JAN-OCT

Passenger flows at the Ukrainian airports in January-October 2019 grew by 18.8% year-over-year, to 20.745 million people. According to recent update on the website of the State Aviation Service, in particular, passenger flows on international routes grew by 20.1%, to 18.766 million.
Volumes of passenger traffic of Ukrainian airlines increased 10.3%, to 11.923 million people. (on international routes by 10.5%, to 10.943 million people).
During January-October 2019, Ukrainian airlines operated 88,400 commercial flights (an increase of 3.4%), including 74,600 international (growth by 3.5%).
As reported, Ukrainian airlines transported about 12.5 million passengers in 2018, which is 18% more than in 2017. Passenger traffic through the country’s airports increased 25% in 2018, to 20.55 million people.

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UKRAINE’S GOVERNMENT SETS GOAL OF INCREASING TOURIST FLOWS BY 500,000

An annual increase in the number of foreign tourists by at least 500,000 and a twofold increase in the number of Ukrainians traveling outside their region are some of the criteria for the effectiveness of the Ministry of Culture, Youth and Sports, according to the government’s program of activities through 2024.
“To do this, it is planned, first of all, to determine the place of Ukraine on the tourist map of the world, create brands from existing points of attraction and launch a program to promote them,” says the document, which was published to the parliament’s website.
Joining existing European tourist networks and cultural routes is also planned.
According to government estimates, successful implementation of the program will help increase the share of cultural, creative product, sports and tourism from 12% to 14% of GDP.
The Ministry of Economic Development, Trade and Agriculture in 2018 said the number of foreign tourists visiting Ukraine decreased by about 400,000 for the first time in three years, amounting to 14.2 million people. At the same time, in the previous two years it grew rapidly: in 2017 – by almost a million and in 2016 – by 1.2 million.
Despite a decrease in the total number of tourists in 2018, Ukraine’s State Border Service recorded an increase in their number from countries that do not have common borders with Ukraine: from Spain – by 68%, Great Britain – by 47.3%, Lithuania – by 23.4%, Italy – 15.4%, Germany – 13.3%, France – 9.2%, and India – 57.4%, China – 38.8%, Japan – 38.3%, Israel – 21.7% and the United States – 19%.

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