Business news from Ukraine


16 June , 2020  

Zaporizhia and Lviv international airports, the Ukrainian State Air Traffic Services Enterprise (UkSATSE), Azur Air Ukraine and SkyUp Airlines have sent a joint letter to the president, the prime minister and the Minister of Infrastructure of Ukraine with a request for state support for the aviation industry amid pandemic.
“Already today, judging by the losses incurred by the entire aviation market, it is possible to predict not only a complicated recovery process, but also the non-return of many participants to work in principle. The industry itself may be in danger of extinction,” the report says.
The companies note a serious lack of resources for fulfilling financial obligations to pay wages, service loans, make lease payments, under agreements with foreign partners, etc.
The airlines have compiled a list of measures adapted to Ukrainian realities that, in their opinion, must be taken to preserve the aviation industry. In particular, they ask to provide the industry with irrevocable financial assistance for the payment of wage arrears and tax holidays for taxes paid in connection with its payment. In addition, they ask for targeted, non-repayable assistance to pay off debts that have formed since the quarantine began in the country for services provided to aviation businesses by state enterprises and organizations.

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