Business news from Ukraine

UKRAINE INTERNATIONAL AIRLINES STOPS FLYING THROUGH AFGHAN AIRSPACE

Ukraine International Airlines (UIA) has decided to stop flying through Afghan airspace on flights to Delhi (India) as crisis in this country has aggravated.
“Back on [last] Friday, the airline conducted its own assessment of the risks of flying above the territory of Afghanistan in connection with the current situation in the country. Taking into account the identified increase in the level of threat to flights, UIA decided to changed course and exited Afghanistan’s airspace on flights to Delhi to ensure an adequate security of flights,” the airline told Interfax-Ukraine.
UIA said that these flights were operated under the Air Bubbles agreement on Tuesdays and Sundays; due to the charge of the course, the flight time will increase by about two hours. Previously, it was about seven hours.
To date, a number of international airlines have already decided to reroute flights out of the airspace of Afghanistan.
Kabul International Airport on Sunday suspended servicing commercial flights, the Associated Press reported on the evening of the same day, citing representatives of the U.S. forces.
At the same time, the evacuation from Kabul secured by the U.S. forces continues.

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UKRAINE INTERNATIONAL AIRLINES POSTS UAH 21.7 MLN NET PROFIT IN H1

Ukraine International Airlines (UIA) in January-June 2021 received UAH 21.7 million in net profit against UAH 2.9 billion in losses for the same period in 2020, the company’s press service said.
According to its data, EBITDA was fixed at UAH 1.1 billion.
“Achieving positive financial dynamics became possible thanks to the balanced policy of the UIA management to optimize costs and adapt the business to long-term restrictions on air travel due to the impact of the COVID-19 pandemic. In particular, an anti-crisis program was implemented to restructure costs, optimize staffing and minimize airline costs. This made it possible to cut UIA’s mandatory monthly operating expenses by almost three times,” the company said.
In addition, UIA added that in the context of limited flights after the spring lockdown of 2020, the company switched to flexible and short-term planning of the route network, taking into account the frequent situational changes in the rules of entry by foreign countries during 2020-2021.
As reported, UIA in 2020 posted a loss of UAH 4.5 billion.

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UKRAINE INTERNATIONAL AIRLINES AND SKYUP LAUNCH FLIGHTS TO NICE

Ukraine International Airlines (UIA) is launching seasonal flights on the Kyiv-Nice-Kyiv route from August 8, the restoration of air traffic became possible due to the mitigation of epidemiological requirements on the part of France.
The press service of UIA reported that flights to Nice will be operated every Tuesday and Sunday: departure from Kyiv will be at 09:30, arrival in Nice at 11:35; back – departure at 12:35, arrival at 16:30.
Flights will last until September 29.
In turn, SkyUp Airlines will launch flights on this route from August 19.
As noted on the airline’s Facebook page, they will be carried out on Thursdays and Sundays.
In addition, from August 20, SkyUp will launch flights on the Kyiv-Paris/Beauvais-Kyiv route. They will run on Mondays, Wednesdays and Fridays.

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UKRAINE INTERNATIONAL AIRLINES INCREASES NUMBER OF FLIGHTS TO POPULAR INTERNATIONAL ROUTES

Ukraine International Airlines (UIA, Kyiv) is increasing the number of flights to the most popular international routes due to a sharp increase in demand for air travel in early summer.
According to the airline on Friday, the relevant trend is due to the softening of border crossing conditions amid coronavirus crisis and the intensification of tourist air traffic.
Due to the organic increase in traffic volumes, UIA passengers will receive a wider choice of flights in a number of directions in July, the airline said.
Thus, in the direction Kyiv-Athens-Kyiv new frequencies are added to flights on Tuesdays, Thursdays and Fridays: every Sunday from July 11 and every Saturday from July 31, 2021.
A new frequency on Mondays will be added to daily flights Kyiv-Larnaca-Kyiv from July 12.
Flights Kyiv-Cairo-Kyiv except Mondays and Tuesdays from July 13 will be operated on Wednesdays, Thursdays and Fridays, and from July 23 and on Sundays.
Flights Kyiv-Baku-Kyiv will be operated daily, taking into account additional frequencies on Tuesdays from July 13 and on Saturdays from July 24.
Additional frequencies on Mondays will be added to daily flights Kyiv-Yerevan-Kyiv from July 26, and from July 29 on Thursdays.

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UKRAINE INTERNATIONAL AIRLINES PAYS BACK TO PASSENGERS $20 MLN FOR CANCELED DUE TO CORONAVIRUS FLIGHTS

In January-May this year, Ukraine International Airlines (UIA) processed 68,000 requests for refunds to passengers of flights canceled due to the coronavirus (COVID-19) pandemic, having made refunds totaling about $20 million.
According to the UIA press service on Thursday, in March-May the airline reviewed and processed 39,000 requests, providing refunds in the amount of more than $9 million.
According to the company, from April 2020 to June 2021, UIA paid back more than $41 million to passengers.
“The airline once again emphasizes its readiness for a dialogue and sincerely hopes for the understanding of the situation on the part of passengers. UIA’s communication departments are doing everything possible to process every request as soon as possible,” the report said.

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UKRAINE INTERNATIONAL AIRLINES TERMINATES WORK OF OFFICE IN MOSCOW

Ukraine International Airlines (UIA, Kyiv) has decided to terminate its branch in the Russian Federation, located in Moscow.
According to the airline’s message in the information disclosure system of the National Securities and Stock Market Commission, this decision was made by the Supervisory Board in connection with the reduction of the staff of UIA and the reduction in costs for representative offices.
As reported, in September 2020, UIA ceased operations of its divisions in Turkmenistan, Uzbekistan and Belarus, and in October – in Switzerland, Spain, Italy, Germany and Austria.
In June this year, UIA decided to close its representative office in China.

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