Business news from Ukraine

UIA HAS NO PLAN TO REDUCE FLIGHTS TO ITALY

Ukraine International Airlines (UIA, Kyiv) does not feel a decrease in passenger traffic due to information about the active spread of coronavirus, the airline’s press service has told Interfax-Ukraine.
“There are passengers with tickets for flights to Italy who requested to re-arrange their flights for later dates. We do this as an exception to a term of two months from the original date. But there are very few of them,” the press service said.
According to UIA, in total, there were 26 such requests through the airline’s Facebook page, of which five returns were issued, and 21 tickets were reissued for other dates.
At the same time, UIA does not currently plan to limit the flight program to Italy.
As reported, the Hungarian low cost airline Wizz Air reduces the number of flights to Italy from March 11 to April 2, 2020 due to a decrease in demand because of coronavirus.

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SKYUP AIRLINES LAUNCHES FLIGHTS FROM KIEV, LVIV, ODESA, KHARKIV TO ITALY

SkyUp Airlines has announced the launch of some flights to Italy from Kyiv, Lviv, Odesa and Kharkiv. The airline said on its Facebook page on Tuesday, in particular, the Kyiv-Rome-Kyiv flight will be operated from March 29 to October 24, 2020 three times a week – on Tuesdays, Thursdays and Sundays. The cost of one ticket without baggage from Kyiv to Rome starts from UAH 1,500, and back from UAH 2,200.
In addition, from March 29 to October 24, a flight will be operated on the route Kyiv-Milan (Bergamo). It will be performed three times a week – on Mondays, Wednesdays and Saturdays. The cost of a ticket from Kyiv to Milan starts from UAH 1,500, and back from UAH 1,600.
The flight Kyiv-Bologna-Kyiv will also be operated from March 29 to October 24, 2020. In particular, it will be serviced on Tuesdays, Thursdays and Sundays. The cost of a ticket from Kyiv to Bologna starts from UAH 1,500, and back from UAH 1,800.
Flight Kyiv-Lamezia Terme-Kyiv will be operated from May 30 to September 30, 2020 twice a week – on Wednesdays and Saturdays. The cost of a ticket from Kyiv to Lamezia Terme starts from UAH 2,100, and back from UAH 2,300.
The Lviv-Rome-Lviv flight will be operated from March 29 to October 24, 2020 three times a week – on Tuesdays, Thursdays and Sundays. The ticket price from Lviv to Rome starts from UAH 1,400, and back from UAH 1,900.
The Lviv-Naples-Lviv flight will also be operated from March 29 to October 24, 2020, but twice a week – on Tuesdays and Fridays. The ticket price from Lviv to Naples starts from UAH 1,100, and back from UAH 1,400.
In the same period, it is planned to launch the flight Lviv-Milan (Bergamo)-Lviv. It will be performed on Mondays and Fridays. The ticket price from Lviv to Milan starts from UAH 1,400, and back from UAH 1,500.
Flight Odesa-Lamezia Terme-Odesa will be operated from June 3 to September 30, 2020 only on Wednesdays. The ticket price from Odesa to Lamezia Terme starts from UAH 2,100, and back from UAH 2,200.
Flight Kharkiv-Lamezia Terme-Kharkiv will be operated from June 1 to September 28, 2020 on Mondays. The cost of a ticket from Kharkiv to Lamezia Terme starts from UAH 2,400, and back from UAH 2,600.

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RYANAIR COULD START FLIGHTS FROM UKRAINE TO ITALY IN 2019

The Irish low cost air carrier Ryanair could start operating flights from Italy to Ukraine as early as 2019, chief commercial officer of the company David O’Brien has said at a conference at the Ministry of Infrastructure. “In Italy, we fly from Milan and Pisa. But the Italian government provided certain advantages to the airline, which has only two flights. We filed a lawsuit and won the case, so maybe we will also fly from Italy to Ukraine,” he said.
Infrastructure Minister Volodymyr Omelyan, in turn, noted that Ukraine plans to provide all the necessary support for the launch of flights by the Irish low cost airline on the direction Ukraine-Italy. “I believe that Ryanair will be able to fly from Italy next year,” the minister said.
He also said that the Ministry of Infrastructure had sent a corresponding letter to the Italian government, moreover, negotiations with the Italian Transport Minister were scheduled for the near future, during which Omelyan plans to raise the issue of planning flights in the Ukrainian direction.
Omelyan also noted that he expects the final settlement of Open Skies Agreement issues with the European Union in the first half of 2019.

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MATTEO PATRONE FROM ITALY APPOINTED NEW DIRECTOR OF EBRD FOR UKRAINE, EASTERN EUROPE AND CAUCASUS

The European Bank for Reconstruction and Development (EBRD) has appointed Matteo Patrone as Managing Director for Eastern Europe and the Caucasus, according to a report on the EBRD’s website. “Matteo Patrone will be responsible for the bank’s operations and engagement in Ukraine, Belarus, Moldova, Armenia, Azerbaijan, and Georgia. The EBRD’s combined investment in the six countries stands at almost EUR 24 billion throughout all sectors of their economies to date,” the report says. “Patrone will work in Kyiv. He is taking over the position from Francis Malige, who was the first Managing Director of the EBRD’s Eastern Europe hub and has recently been appointed Managing Director, Financial Institutions, at the bank’s headquarters in London,” according to the document.
“I am honored and humbled to take on this new position at the EBRD in an exciting region. We have seen impressive progress in all countries under my predecessor and it will be my priority to create the conditions for our strong local teams to build on this and expand further. The needs are huge and our offer is attractive. Our aim will be to continue promoting the competitiveness of the local economies as they are moving closer to Europe,” Patrone said.
“Patrone, an Italian national, joined the EBRD in 2008 in London as a member of the corporate equity team after a successful career in the private sector. He was appointed Director for Serbia in 2012 and Regional Director for Romania and Bulgaria in 2015.
The EBRD is the largest international financial investor in Ukraine. Since the beginning of its activities in the country in 1993, the bank has undertaken total commitments to provide almost EUR 12.1 billion for about 400 projects.

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