Business news from Ukraine

UKRAINE INTERNATIONAL AIRLINES PLANS TO EXPAND FLEET IN 2022

Ukraine International Airlines (UIA, Kyiv), according to the financial strategy proposed by the company’s management, expects an increase in passenger traffic by 34% in 2022 compared to 2021 – up to 4.3 million people, while the number of flights should increase by 30% – to more than 37,000 per year.
According to the press service of the company, the corresponding indicators are included in its budget for 2022, which was approved by the supervisory board the day before.
The airline’s management focuses on the dynamic increase in the volume of regular passenger traffic in 2022, respectively, laying down a decrease in charter programs – to minus 34%. As for cargo and mail, UIA plans to increase the traffic dynamics by almost 36% compared to 2021.
“The budget stipulates that 2022 will be the year of expansion of the UIA fleet after the forced reduction in 2020-2021, as well as the return of long-haul Boeing-777 aircraft to its fleet. The supervisory board confirmed the restart of long-haul flights – New York, Toronto, Delhi. We are also preparing for the resumption of the hub operation at Boryspil airport (Kyiv) with three expansion waves. In general, the restart of the UIA network should be 60% of the pre-crisis 2019 indicator,” CEO of the airline Yevhen Dykhne is quoted as saying.
Currently, the UIA fleet consists of 25 aircraft.

UKRAINE INTERNATIONAL AIRLINES TERMINATES WORK OF OFFICE IN CHINA

Ukraine International Airlines (UIA, Kyiv) has decided to terminate the work of its division in Beijing (China).
According to the airline’s report in the information disclosure system of the National Securities and Stock Market Commission, this decision was made by the supervisory board in connection with the reduction of the staff of UIA and the reduction in costs for representative offices.
As reported, in September 2020, UIA ceased operations of its divisions in Turkmenistan, Uzbekistan and Belarus, and in October – in Switzerland, Spain, Italy, Germany and Austria.

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UKRAINE INTERNATIONAL AIRLINES RESTARTS FLIGHTS FROM ODESSA TO ISTANBUL

Ukraine International Airlines (UIA) will resume its flight Odesa – Istanbul (Turkey) – Odesa from March 29, 2021, the press service of the air carrier has reported.
In addition, UIA is also increasing the frequency of flights Kyiv – Istanbul – Kyiv to 21 flights a week.
The airline said that flights from Kyiv to Istanbul and back will be operated daily three times a day, and in some periods – four times a day.
Return flights on the Odesa – Istanbul – Odesa route will be operated on Mondays, Wednesdays and Fridays.
Direct flights from Kyiv and Odesa to Istanbul are also operated by Turkish airlines and Ukraine’s SkyUp Airlines.

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UKRAINE INTERNATIONAL AIRLINES OPERATES 45 SPECIAL CARGO FLIGHTS AFTER CLOSING REGULAR ONES

Ukraine International Airlines (UIA) has operated 45 special cargo flights after closing regular flights by the end of May. The company’s press service said on Wednesday that some 870 tonnes of medical supplies were carried by these flights.
“Flights were operated on medium and long haul aircraft. In a loose layout, subject to partial dismantling of passenger seats, about 110 cubic meters of cargo can be carried together on board of Boeing 737 aircraft, and about 190 cubic meters of cargo can be carried on board of Boeing 767,” the airline said.

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UKRAINE INTERNATIONAL AIRLINES INCREASES PASSENGER FLOW

Ukraine International Airlines (UIA, Kyiv) in January and February 2019 carried over 1 million passengers, which is 9% more than a year ago.
The airline said in a press release that over the period UIA serviced 8,930 flights, which is the same as in January and February 2018.
The seat occupancy rate grew by 1 percentage points (p.p.), to 74%.
The on-time performance result for UIA in February 2019 was 85% compared with 77% in February 2018.
The airline carried 2,800 tonnes of cargo and mail, which is 2% more than a year ago.
Ukraine International Airlines was founded in 1992. It connects Ukraine with more than 80 cities and key points in Europe, Asia, America, Africa, the Middle East and the CIS countries and provides connection with the routes of partner airlines in more than 3,000 cities of the world. UIA performs more than 1,100 regular flights a week.
The fleet consists of 41 airplanes of different modifications. One of the ultimate beneficiaries of the company is businessman Ihor Kolomoisky.

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