Finance

UIA lost $161 million last year, a sharp reversal from $60 million profit in 2019

Tuesday, April 27, 2021

, 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 it refunded passengers $26.5 million for unused tickets between April 2020 and January 2021.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Tuesday, April 27
Energy

On the 35th anniversary of the Chornobyl nuclear fire, President Zelenskiy yesterday inaugurated a €448 million nuclear waste repository.

Next post
Tuesday, April 27
Economy

Cargo tonnage handled by Ukraine’s seaports dropped by 20.5% during the first quarter,

Morning Economic Digest

Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

Previous Main Topics

Subscribe