Business news from Ukraine

NEW AIRLINES ANDA AIR REGISTERED IN UKRAINE

22 January , 2016  

KYIV. Jan 22 (Interfax-Ukraine) – Anda Air Ltd. Airlines was registered in Kyiv late in 2015, according to Ukraine’s State Register of Legal Entities.

Its founders were former head of Dart Airlines Serhiy Shamenko and Georgiy Avanesov. Shamenko also acts as head of Anda Air.

The new company’s charter capital is UAH 50,000, according to the register.

Online portal forbes.ua reported that the company is now undergoing the required procedures to obtain certificates from the State Aviation Service of Ukraine. It may launch flights in summer.

The company’s core business will be charter flights, in particular, to Turkey, Egypt, Montenegro, Croatia, Albania, and Greece.

Its fleet is planned to be originally formed from two or three medium-ranged Boeing aircraft. Their base airport will be Kyiv’s Zhuliany airport.

Shamenko told forbes.ua that investment in the project was planned at $15 million, the payback period is three years.

Avanesov said in turn that the investment would be made by a holding from Singapore whose name is not disclosed.