Business news from Ukraine

Business news from Ukraine

UKRAINE INTERNATIONAL AIRLINES SEEKS TO DOUBLE FLEET IN FOUR YEARS

23 February , 2018  

Ukraine International Airlines (UIA, Kyiv), a leading airline of the country, seeks to double passenger transportation in four years, reaching 13.3 million people in 2021, Head of the UIA Supervisory Board Aron Mayberg said at a press conference at the Boryspil international airport.
According to him, the share of transit passengers for this period is planned to increase by 16 percentage points, to 60.4%.
In general, if according to the airline in 2017 its passenger transportation amounted to 6.9 million people, the planned figure for 2018 is 8.2 million people, 2019 – 9.9 million, 2020 – 11.4 million.
The share of transit in 2017 was 52%, and in 2018 is planned to have it at 54.4%, 2019 – 56.9% and 2020 – 59.2%.
The increase in passenger traffic proportionally requires expansion of the fleet, which the airline intends to increase by 90% over four years – from 34 aircraft in 2017 to 74 in 2021. In 2018, the planned fleet of UIA will be 46 aircraft, in 2019 – 56 and in 2020 – 64.
“Starting from 2018, the airline will actively build up the fleet with Embraer aircraft, which will grow from the five aircraft we have today to 11 planes in 2020. This year we will take two or three of these aircraft. We need them in order to develop domestic Ukrainian market and expand our presence,” Mayberg said.