The Kyiv Post notes that Zelenskiy backer Ihor Kolomoisky is a beneficiary owner of UIA.

Monday, April 15, 2019
The Kyiv Post notes that Zelenskiy backer Ihor Kolomoisky is a beneficiary owner of UIA.

The Kyiv Post notes that Zelenskiy backer Ihor Kolomoisky is a beneficiary owner of UIA. Last year, UIA, the national flag airline, lost $100 million due to competition from new low cost airlines flying to Ukraine. The Post quotes two experts saying that if Kolomoisky is allowed to stack the Infrastructure Ministry and State Aviation Administration with UIA loyalists, Ryanair, Wizz Air, and other discount airlines could be pushed out of Ukraine. Andriy Guck, a partner at Kyiv’s Ante law firm and an airline expert, warns that if the government bureaucracy is turned on discount airlines, they “will be ready to very quickly close up shop and leave.”

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