Ukraine’s air traffic control agency will run out of money in two weeks

Friday, May 15, 2020
Ukraine’s air traffic control agency will run out of money in two weeks

Ukraine’s air traffic control agency will run out of money in two weeks, the agency, UkSATSE, warns on its Telegram channel. With air traffic and overflights down 90% since mid-March, the agency will need a $37 million loan or budgetary grant to get through the year. Last year, the controllers handled 335,400 flights, an 11.5% increase over 2018. After a normal January and February, air passenger traffic through Ukrainian airports ended up dropping 35.5% y-o-y for the first four months, to 4 million people.

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
When the quarantine is eased on May 22, many companies will only partly bring their employees back into the office,

When the quarantine is eased on May 22, many companies will only partly bring their employees back into the office,

Next post
With an IMF deal seeming certain, yields on Ukraine's shortest Eurobonds have returned to normal, falling below yields on longer bonds.

With an IMF deal seeming certain, yields on Ukraine's shortest Eurobonds have returned to normal, falling below yields on longer bonds.

Previous Main Topics