Business news from Ukraine

90% OF DEPARTURE FLIGHTS FROM KHARKIV AIRPORT SERVICED IN LINE WITH TIMETABLE

In September 2019, 10% of departure flights from the Kharkiv international airport (MAX) were serviced with deviation from the timetable, and the rest of the flights – in line with the timetable, the press service of the airport has reported. “In September 2019, 90% departure flights were serviced in line with the timetable, 4% within the 15-30 minute deviation from the timetable and 1% with over two-hour deviation from the timetable,” the airport said.
Belavia, Ellinar and YanAir Airlines are leaders of the punctuality raging. They serviced their flights in line with the timetable. SkyUp Airlines (96%), Pegasus Airlines (94%), Turkish Airlines (94%) and Windrose Airlines (92%) had small deviations from the timetable.
As reported, in August 89.53% of flights were serviced in line with the timetable in the airport.

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UKRAINIAN KHARKIV DOESN’T RECEIVE THE RIGHT TO HOST UEFA 2021 SUPER CUP

Kharkiv has failed to get the right to host the match for the UEFA Super Cup in 2021. The holding of this match was given to Belfast at a meeting of the UEFA Executive Committee in Ljubljana on Tuesday. Minsk and Helsinki also claimed the right to host the UEFA2021 Super Cup.

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KHARKIV CITY PLACES UAH 250 MLN BONDS IN AUGUST

Kharkiv in August placed three-year E series domestic bonds for UAH 250 million maturing in 2022, Fitch Ratings has reported.

According to the report, the agency assigned the bonds a priority unsecured rating of “B.”

“This is the first tranche of a UAH 1 billion bond to be placed in 2019-2020. Another UAH 250 million tranche is planned for November 2019,” the agency’s report says.

The interest rate is 18% per annum, income is paid quarterly.

According to the decision of Kharkiv City Council of June 19, 2019, bonds worth UAH 1 billion of E, F, G, H series for UAH 250 million each are to be placed within two years.

E series bonds will mature on August 24, 2022, F series on November 23, 2022, G series on February 22, 2023, and H series on May 24, 2023.

“The purpose of the loan is to raise funds to finance the budget deficit for the development of the city of Kharkiv, including the construction and reconstruction of social and cultural facilities, transport infrastructure, roads and engineering facilities,” the decision reads.

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KHARKIV AIRPORT RAISES PASSENGER TRAFFIC BY 25%

Passenger traffic at Kharkiv International Airport in January-July 2019 amounted to 683,300 people, which is 25% more than in the same period of 2018, the airport writes on its page in Facebook.
In July 2019, some 130,700 people used the airport’s services, which is 25% more than in July 2018.
The most popular destinations for this period were Antalya, Kyiv, Istanbul, Sharm el-Sheikh, and Warsaw.
As reported, passenger traffic at Kharkiv airport in 2018 was 962,500 people, which is 19% more than in 2017.
Kharkiv Airport has a runway with a length of 2,500 meters and a width of 50 meters. There are two passenger terminals with a capacity of 100 and 650 people per hour in its territory.

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SKYUP TO LAUNCH DIRECT FLIGHTS BETWEEN KHARKIV AND LVIV FROM OCTOBER, TO LINK KYIV WITH KHARKIV AND ZAPORIZHIA

Ukrainian low-cost airline SkyUp Airlines (Kyiv) will launch three new domestic flights from October, the company said on its website.
What is more, the frequency of SkyUp flights between Kyiv and Lviv will increase.
The Kyiv-Zaporizhia flight fare starts from UAH 498. The flights will be carried out on Monday, Tuesday, Wednesday, and Friday starting from October 28, 2019.
The Kyiv-Kharkiv flight fare starts from UAH 498. The flights will be available on Monday, Wednesday, and Friday starting from October 25, 2019.
Flights between Kharkiv and Lviv will be launched for the first time in Ukraine; tickets will cost starting from UAH 639. The flights will be carried out on Thursday and Sunday from October 17, 2019.
The airline stressed that the development of domestic routes is what SkyUp can do and continues doing for Ukraine.
“SkyUp Airlines is now fighting for its right to fly. Every day we are trying to get better. You wanted to open Europe – we launched flights to Barcelona, Paris and Naples. You liked the holidays in Lviv – we reviewed our winter flight schedule. Now after one hour on board the plane, you will be able to have lunch with partners in Kharkiv, or enjoy time with friends from Lviv – at the price of a train ticket,” the company’s press service quotes CEO Yevhen Khainatsky are quoted as saying.
Tickets for the three destinations are already available for booking.
As was reported, SkyUp, which was set up in June 2017, transported 668,500 passengers in the first half of 2019.
Currently, its fleet consists of eight planes: six Boeing 737-800 and two Boeing 737-700.

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VASYL KHMELNYTSKY’S K.FUND OPENS IT SCHOOL UNIT FACTORY IN KHARKIV

Vasyl Khmelnytsky’s K.Fund is about to open UNIT Factory, a school for programmers in Kharkiv, K.Fund’s press service told Interfax-Ukraine on Thursday.
K.Fund notes that UNIT Factory will prepare programmers using its own ucode curriculum, one of the key features of which is the challenge-based learning methods, that is, solving real-life problems for obtaining applied knowledge.
“This methodology was initiated by Apple and is used in the Apple Developer Academy where students not only learn how to write code, but also create ready-to-market products,” it said.
In addition, it indicates that in the new UNIT Factory campus in Kharkiv, students will be able to master such programming languages and technologies as C, C++, Web (HTML, CSS, JS, PHP) and Java. Duration of training is from one to two years (depending on the progress of a student).
Participants for the UNIT Factory program will be qualified through a so-called marathon, which will last about a month and will start on September 30, 2019 (in total, three marathons are planned this year), K.Fund said.
Training will begin in the middle of January 2020 and will cost UAH 15,000 per calendar year. Any person who is 17 or older can register for the qualification stage.
“We are pleased with the success of UNIT Factory and expand it by introducing new educational practices. For two years, we have been investing in the development of ucode, the program built on Challenge-Based Learning meeting the requirements of the modern world. We want our talented youth to have access to high-quality, up-to-date IT education and find a well-paid job here in Ukraine,” Vasyl Khmelnytsky, Founder of UFuture Investment Group, said.
K.Fund was founded by Ukrainian businessman Vasyl Khmelnytsky in 2015 to support projects in the field of education and economics.
UNIT Factory is a project of K.Fund, founded by Vasyl Khmelnytsky, and supported by a non-profit public organization, Osvіtorіa. Its mission is to promote Ukraine’s innovative development through training of IT professionals.

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