Expansion by low-cost airlines from Kyiv to 62 European cities is driving UIA’s losses

Expansion by low-cost airlines from Kyiv to 62 European cities is driving UIA’s losses. This spring, at UIA’s Boryspil hub, newcomer SkyUp is launching flights to 13 cities, largely in Europe. By this fall, Ryanair plans to fly from Boryspil to 21 EU cities – only one year after launching flights from Ukraine. At Kyiv Sikorsky, Wizz Air adds three new cities this spring, for a total of 28 EU cities. Tomorrow, Ryanair holds a press conference at Kharkiv Airport, reportedly to announce the launching of flights from Kharkiv.