Business news from Ukraine

ITALY’S ERNEST AIRLINES TO OPEN OFFICE IN KYIV AND PLANS TO INVEST EUR 100 MLN IN UKRAINE

Italy’s Ernest Airlines to open office in Kyiv and plans to invest EUR 100 mln in Ukraine
KYIV. June 19 (Interfax-Ukraine) – Italy’s Ernest Airlines will open its office in Kyiv this summer, and in 2020 plans to place two planes in Kyiv, according to a posting on the website of the Sikorsky Kyiv International Airport. As the airport press service said, Ernest Airlines has already invested more than EUR 30 million in the Ukrainian market over the past two years, and plans to invest more than EUR 100 million in the next two years.
“In 2020, it is also planned to place two aircraft in Kyiv. This will give even more opportunities for work to even more people in Ukraine,” the airport said.
According to the airport, Ernest Airlines services 13 destinations from Ukraine to Italy. In 2018, the airline transported more than 200,000 Ukrainian passengers, and in 2019 it is planned that the number of passengers from Italy to Ukraine and back will exceed 500,000 passengers.
“This year, Ernest will open a call center in Ukraine to attract even more Ukrainian operators who will be able to more effectively help all its passengers. Ernest also employs more and more crew members who speak Ukrainian to have such specialists on all their flights,” the airport said.
In addition, Ernest Airlines already has a special call center in Italy with Ukrainian-speaking employees.
Ernest Airlines is an Italian airline headquartered in Milan. The main operations center of the company is located in Tirana (Albania). The airline is a low cost carrier and serves the Italian and Albanian markets. The airline flies from Kyiv to Rome, Milan (Bergamo and Malpensa), Naples, Bologna and Genoa, and also from Lviv to Rome, Milan (Bergamo), Naples and Venice; from Kharkiv to Rome and Milan (Malpensa), and from Odesa – only to Rome.

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UKRAINE INTERNATIONAL AIRLINES SEES 8% RISE IN PASSENGER TRANSPORTATION

Ukraine International Airlines (UIA, Kyiv), the largest Ukrainian airline, in January-March 2019 increased passenger transportation by 8% year-over-year, to almost 1.5 million people, the airline has reported on its website.
During this period, UIA operated 13,600 flights with the load factor of 75%, which correspondents to the figures of 2018.
At the same time, the punctuality rate of UIA during the first quarter of 2019 increased and reached 81% compared to 72% in 2018.
UIA mail and cargo traffic reached 4,500 tons and increased by 7% compared to the same period of the last year.
Ukraine International Airlines was founded in 1992. The fleet consists of 42 airplanes of different modifications. One of the ultimate beneficiaries of the airline is businessman Ihor Kolomoisky.

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PUNCTUALITY OF UKRAINIAN AIRLINES FALLS FROM 79.4% TO 77.1% IN JAN

Ukrainian airlines in January 2019 serviced 77.1% of flights of the total number of flights serviced at Ukrainian airports within the 15 minute deviation from the timetable, while in November 2018 the figure was 79.4%, Ukraine’s Infrastructure Ministry has reported. According to the ministry, in January Ukrainian airlines serviced 3,687 flights.
The Infrastructure Ministry said that the punctuality of foreign airlines in January compared with November decreased to 75.1%, while the number of flights totaled 2,659.
Of the Ukrainian airlines that made more than 50 flights a month in January, Motor Sich remains the most punctual, although last month its figure dropped to 87.3% from 95.6% a month earlier, with the number of flights 236.
Windrose is second with 83.2% and with the number of 274.
Punctuality of Ukraine’s largest airline in the market – Ukraine International Airlines – was only 71.4%, while the number of flights serviced was 2,708.
The indicators in January for SkyUp, Bravo, Yanair and Azur Air Ukraine were 63% and 61.2%.
Jordan Aviation, Air Malta, Aegean Airlines, Iraqi Airlines and Alitalia were ranked the top of the January punctuality rating among foreign airlines with the 100% punctuality, although the number of their flights is small – from four to 19 per month.
Pegasus Airlines had the best performance among low cost airlines – 77.6% with 107 flights, while Irish Ryanair and the Italian airline Ernest turned out to be next in the rating – 71.2% with 226 flights and 70.6% with 126 flights respectively. The figure of Hungarian Wizzair was 68.1% with 457 flights.
Among other foreign airlines that serviced more than 100 flights from Ukraine in January, Belavia had the best result – 87.3% with 237 flights. Polish LOT had 83.7% with 349 flights, and Austrian Airlines – 72.1% with 122 flights.

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UKRAINE INTERNATIONAL AIRLINES ASSIGNED WITH RIGHT TO FLY ON KYIV-ADDIS ABABA ROUTE

Ukraine International Airlines (UIA, Kyiv) has been assigned with the right to fly on the Kyiv-Addis Ababa route, the Ukrainian Air Transport Association (UATA) has reported.
The press service of the airline confirmed the fact to Interfax-Ukraine, adding that at present, they cannot say when the airline will start flying to Ethiopia, as the negotiations have not yet been completed.
The airline will fly from the Boryspil international airport.
As reported, in December 2018, the State Aviation Service of Ukraine approved all applications of UIA for servicing regular flights from Kyiv to Riyadh (seven flights a week), Dammam and Jeddah (Saudi Arabia) three times a week with unlimited duration.
UIA was founded in 1992. According to the National Commission for Securities and the Stock Market and the public register, 100% directly or indirectly is controlled by Cypriot-based Ontobet Promotions Limited which beneficiaries are not disclosed. The fleet consists of 45 airplanes of different modifications.

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UKRAINE INTERNATIONAL AIRLINES RAISES PASSENGER TRANSPORTATION BY 15% IN 2018

Ukraine International Airlines (UIA, Kyiv) in 2018 carried more than 8 million passengers, which is 15% more than in 2017.
According to the airline, the share of transfer passengers on UIA regular flights was 53%.
During this period, the carrier performed 61,500 flights, which is 9% more than in 2017, and the occupancy of passenger seats was 81%.
“The expansion of the network of long-haul routes and the fleet with wide-bodied aircraft made it possible to take another step forward in increasing transit traffic through Ukraine and the further growth of the hub at Boryspil International Airport,” Yevhenia Satska, the spokeswoman of UIA, said.
The volume of cargo and mail transportation reached 21,350 tonnes, which is 12% more than in 2017.
In 2018, the airline expanded the geography of international flights and began operating flights from Kyiv to Copenhagen, Cairo, Delhi, and Toronto. The map of domestic routes was complemented with the regular flight Kyiv-Vinnytsia.

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UKRAINIAN AIRLINES CARRIES 12.5 MLN PASSENGERS IN 2018

Ukrainian airlines carried around 12.5 million passengers in 2018, which is 18% more compared with 2017, according to tentative data from the Infrastructure Ministry of Ukraine posted on its website. According to the report, passenger flow via the country’s airports first in the history exceeded 20 million passengers, growing by 25%, to 20.55 million people.
Transportation of cargos and mail grew by 21%, to 100,000 tonnes.
The share of low cost airlines of the total services provided increased to a record hitting 30%.
Growth in passenger flow at the Lviv international airport was 48%, and 1.598 million passengers used airline’s services. The passenger flow of the Boryspil international airport was 12.6 million passengers in 2018, which is almost 20% more than in 2017.
As reported, in January-September 2018, Ukrainian airlines boosted passenger transportation by 18.1% year-over-year, to 9.671 million people.

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