State Enterprise air traffic services of Ukraine (UkSATSE) reported a quarterly profit.
Wednesday, October 27, 2021
For the first time since 2019, UkSATSE earned a profit of ₴183 mln ($ 6.95 mln) in the third quarter and reduced losses since the beginning of the year (UkSATSE). The company’s profit is associated with the efficient use of borrowed funds, anti-crisis measures, and the involvement of airlines in the use of Ukrainian airspace. An important factor is the tripling of the number of flights in the airspace over the Black Sea. From June 2021, the rate for air navigation services has changed: the cost of 100 km of flight is 25 euros instead of 51.1 euros.