Business news from Ukraine


14 February , 2022  

Ukraine is not planning to halt air traffic and is working to prevent risks for airline, the Ukrainian authorities said.
Reports about Ukraine closing its airspace are not true, the Ukrainian Ministry of Infrastructure said in a statement on Sunday. The closure of airspace is Ukraine’s sovereign right; no such decision has been made, the ministry said.
“Today [on February 13], there was a working meeting in the Ministry of Infrastructure. Senior officials of the Office of the President of Ukraine, the State Aviation Service of Ukraine, state-owned enterprise UkSATSE, Boryspil International Airport and Ukrainian airlines attended the meeting dedicated to the situation on the air transport services market. A solution preventing any further exacerbation of the situation was elaborated at the meeting,” the ministry said.
A majority of airlines are continuing operations without any restrictions, it said.
“Some carriers face difficulties associated with fluctuations on insurance markets. The state, for its part, is ready to support air carriers and is planning to provide additional financial guarantees to support the aviation market,” it said.
Ukraine is currently in consultations with international partners, and the Ukrainian government is preparing relevant decisions, the Ukrainian Ministry of Infrastructure said.
“The markets for insurance services, as well as capital markets, are vulnerable to the information space. We expect the situation to stabilize soon. In order to do that, the government, the President’s Office and our international partners are designing general decisions. If necessary, the state will ensure repatriation of all Ukrainian citizens from abroad,” Ukrainian Infrastructure Minister Oleksandr Kubrakov said.
Later, Deputy Head of the Office of the President Kyrylo Tymoshenko confirmed that the sky over Ukraine remains open, and the authorities have not taken any decisions to close the airspace.
EASA (European Aviation Safety Agency) also made no recommendations to restrict flights in Ukrainian airspace, he said on Facebook.
“Most airlines continue to operate without restrictions. What is happening? Some airlines are experiencing difficulties due to insurance markets. So that passengers do not experience the inconvenience associated with this, today, together with the Minister of Infrastructure, we met with the leadership of the State Aviation Service, UkSATSE, Boryspil airport and Ukrainian airlines,” the deputy head of the President’s Office wrote.
According to Tymoshenko, Ukraine is ready to support air carriers and the necessary government decisions will be initiated in the near future.
Earlier a source in the Ukrainian Ministry of Infrastructure said that Ukraine had no plans to halt air traffic in its airspace at the level of the state, but airlines themselves could decide to suspend flights.
Ukrainian Verkhovna Rada member (European Solidarity) Oleksiy Honcharenko said earlier, citing his own sources, that air traffic could be halted in Ukraine on Monday afternoon following an insurance company’s decision to stop insuring civil aircraft.

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