What happened to passenger air carriers during the war in Ukraine? A third of Ukrainian airlines that operated between 2004 to 2023 have either ceased operations, gone bankrupt, or are in a state of termination. Among the 50 companies that submitted financial stateme... #CivilAviationUkraine #MalagaAir #skyup #UkraineAirlines #UkraineHelicopters #UkraineInternationalAirlines
Ukraine International Airlines passenger traffic increased by 61%. During the January-December 2021 period, the passenger traffic of UIA was 2.79 million passengers, which is 61% more than in the same period in 2020. Out of the total number of passengers, 1.58 milli... #UIA #UIA2022traffic #UkraineInternationalAirlines
Through radical cost cutting, UIA turned a $108 million loss in the first half of last year into $810,000 net profit for January-June of this year , the airline reports. During the first half of this year, Ukraine’s national flag airline carried 1 million passengers, up 8% yoy, but down 71% compared to the first half of 2019. #UIAprofits #UkraineInternationalAirlines
UIA lost $161 million last year, a sharp reversal from $60 million profit in 2019 , the company reported to the National Securities and Stock Market Commission in advance of the airline’s May 28 2021 shareholders meeting. Accounts receivable almost doubled, to $80 million. UIA says... #UIA #UIAlosses #UkraineInternationalAirlines
