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Ukraine International Airlines to almost double fleet and passenger volume within 4 years

The company currently operates more than 1100 scheduled flights per week.
11:59, 23 February 2018

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Ukraine International Airlines (UIA, Kyiv), the country’s leading airline, plans to double its passenger volume over the next four years, so that by the end of 2021 the airline handles 13.3 million passengers. The chairman of the corporation’s supervisory board Aron Mayberg announced this at a press conference in the Boryspil airport on Thursday, Interfax-Ukraine reports.

Related: Ukraine International Airlines announces new destinations to be introduced within 5 years

According to Aron Mayberg, the company intends to boost the volume of interlining passengers by 16 percentage points, to 60.4%. In 2017, the airline handled 6.9 million passengers, it expects the figure to rise to 8.2 million this year. Next year, the company expects to increase passenger handling to 9.9 million and to 11.4 million in 2020.

The increase in passenger handling requires a proportional expansion of the airline’s fleet. This is why UIA seeks to boost it by 90% over the course of the next four years – from 34 aircrafts in 2017 to 74 by the end of 2021.

Related: UIA addresses court to cancel Ryanair coming to Lviv, compensate 800,000 USD

“Beginning in 2018, the corporation will be actively enlarging its fleet of Embraer aircrafts, which is going to increase from the five we have now to 11 jets in 2020. This year already, we are going to acquire two or three such airplanes in order to develop the domestic work, to expand its presence”, - A. Mayberg said. He added that most likely the company is going to purchase Embraer-195 airplanes.

“Maybe by 2021, we will be purchasing An-148. If it turns out to be a quality item, that would be the priority, unchallenged. We have no bigger dream than to gain access to a quality aircraft manufactured in Ukraine”, - the chairman of the supervisory board added.

Related: Boeing to buy Ukrainian engines and launch vehicles

Apart from that, in 2018 the company will return its classic airplanes including two Boeing 737-300 and one 737-500 to lessors. Both in 2019 and 2020, two long-haul Boeing 767-300 will be given back to the leasing company.

As well as an enlarged fleet of aircrafts, the larger passenger volume will require rise in personnel. By the end of 2021, the company expects to boost the number of its employees by 60% against the 2017 figure, to 5,018 thousand workers. At the same time, the number of staff per aircraft is expected to fall by 15%, to 68 workers.

Related: Antonov to build three aircraft An-148 for Defense Ministry

Ukraine international Airlines was established in 1992. It currently operates flights between Ukraine and over 80 cities across Europe, Asia, the Americas, Africa, the Middle East and CIS countries. It also offers interlining with partner airlines to more than 3,000 cities worldwide. The company currently operates more than 1100 scheduled flights per week.

Presently, the company’s fleet contains 43 aircraft of various modifications including 27 medium-haul Boeing-737 NG airplanes. Ukraine International Airlines is 100% privately owned, one of its end beneficiaries is Ihor Kolomoysky.

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