Tag: lowcost
The Ukrainian subsidiary of the Wizz Air Hungary budget airline is ending operations on the eve of the tourist season. Apparently, investors fear for their investments because they see no improvement in Ukraine, and they are hastily evacuating their assets from the country.
The largest low-cost carrier in Europe, the Irish-based Ryanair airline, is considering entering the Ukrainian market.
The share capital of Wizz Air will be 126.611 million shares
The airline company intends to challenge the document.
The commercial director of Wizz Air Ukraine discusses the company’s results for the first nine months of 2014, the impact of the current crisis on the industry, state support for the airline industry, and new destinations in an exclusive column for CFTS.
The decision is still subject to approval by the Ministry of Infrastructure and the State Aviation Service.
The airline’s Airbus 320 aircraft took off at 14:25 (Kiev time) with 165 passengers on board
The newly created subsidiary is called LLC Budget Carrier
The cost of one-way tickets will begin at UAH 479.
The general director of Wizz Air Ukraine airline company Akos Bus discusses Ukrainian aviation market return to six years ago, new routes and ways of survival in crisis.
The final decision on the launch of flights has not yet been made.
The Russian low-cost carrier Dobrolet (owned by Aeroflot) performed its first takeoff from Moscow's Sheremetyevo airport to Simferopol
The carrier is seeking to sell 200 million euros ($273.3 million) in new shares to strengthen its balance sheet
At the moment, the agreement is on the European side. The latest date for signing the agreement that was announced at the transport committee of the European Union is June 5
The aircraft is being returned because of a fall in demand, but it may be brought back
UP will operate seven weekly flights on the Kiev-Tel Aviv route
The flights will be operated on Wednesdays and Saturdays
Wizz Air Ukraine has decided to focus on Lvov
Passengers whose flights are canceled will be compensated.
Throughout 2014 Wizz Air Ukraine will continue to operate its 4 Airbus A 320 and monitor the possibilities for future growth opportunities