Business news from Ukraine

WIZZ AIR NAMES RUSSIA’S AEROFLOT SECOND IN SHARE OF AVIATION MARKET IN UKRAINE

Hungary’s low cost airline Wizz Air Holdings Plc in its report for FY2019 posted on the London Stock Exchange (LSE), referring to Innovata source, named Russia’s Aeroflot and Nordwind Airlines among the largest on the Ukrainian market.
According to the report of Wizz Air, referring to Innovata portal, Aeroflot is second with the market share of 8.2% in Ukraine after Ukraine International Airlines (UIA) with 35.9% market share according to the report. The share of the Ukrainian market of Wizz Air is 7.7%.
As for the low cost segment, Wizz Air named itself number one with the market share of 43.1%, placing Nordwind Airlines with 12.9% second and Pegasus Airlines with 12.5% third.
According to the report of Wizz Air Holdings Plc, Wizz Air Ukraine is inactive, and the number of flights from Ukraine as of March 31, 2019 was 30.
According to the information from the route network of airlines, both Aeroflot and Nordwind Airlines fly to the annexed Crimea, in particular, Nordwind Airlines is among airlines serviced the largest number flights to Crimea from Russia.

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