Ukrainian International Airlines is cutting 35% of its staff, mothballing 60% of its fleet, cutting business class seats, and planning to delay resumption of long haul flights until next spring

Friday, May 29, 2020
Ukrainian International Airlines is  cutting 35% of its staff, mothballing 60% of its fleet, cutting business class seats, and planning to delay resumption of long haul flights until next spring

Ukrainian International Airlines is cutting 35% of its staff, mothballing 60% of its fleet, cutting business class seats, and planning to delay resumption of long haul flights until next spring, Yevhenii Dykhne, UIA CEO, said yesterday in a statement. UIA will let go 900 employees and only fly 14 planes of its fleet of 34 aircraft. During the second half of this year, UIA hopes to fly 1 million passengers, one quarter of the volume of the second half of 2019.

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
Shopping centers open in Kyiv on Saturday – but without the entertainment centers and food courts

Shopping centers open in Kyiv on Saturday – but without the entertainment centers and food courts

Next post
Ukraine expects the IMF Board to approve a $5 billion loan Friday and to disburse a first $1.9 billion tranche on Saturday

Ukraine expects the IMF Board to approve a $5 billion loan Friday and to disburse a first $1.9 billion tranche on Saturday

Previous Main Topics