Sitegaga/Sitegaga

Sitegaga/Sitegaga

current location:Country > Europe > Ukraine > Travel >
Ukrainian International Airlines - UIA

Ukraine International Airlines ( Ukraine International Airlines (UIA) is a Ukrainian airline founded in 1992 by the Ukrainian Civil Aviation Association and GPA.

Ukraine International Airlines is also the largest airline in Ukraine. The airline is headquartered in Kiev and its main hub is located at Borispol International Airport. The airline operates domestic passenger routes and cargo services, as well as international passenger routes and cargo services to Europe, the Middle East, the United States and Asia.

Over the course of 15 years, UIA has successfully attracted new strategic and financial investors.

In 1995, the state-owned shares were transferred to the Ukrainian State Property Fund.

In 1996 Austrian Airlines and Swissair, and in 2000 the European Bank for Reconstruction and Development (EBRD) became shareholders of UIA.

The organizational model of a state-owned and private company allows UIA to take advantage of the strengths of all shareholders: to gain international experience in the field of passenger transportation and to promote business management, maintenance and best practices in the field of services.

In the initial phase, UIA's main task was to establish direct air links with Western European capitals and key cities, the airline's successful execution of this task, the implementation of a point-to-point model, and the orderly and steady expansion of its route network.

At the end of 2009 UIA became one of the key players in the air transport sector in Ukraine, with a market share of 20%, and its further development required a significant change of direction, while the change of ownership of the airline took place in 2010. One of the key factors of this fact was the export of UIA's capital by foreign investors due to the change of their working strategy in Ukraine and the end of the standard period of existence of the EBRD's investments in the project capital.

In the conditions of rapidly changing market conditions and fierce price competition from other Ukrainian airlines, privatization of UIA provided the necessary industrial flexibility, which allowed the enterprise to start the transition from the model of basic operation to the model of network air carrier.

In 2013, UIA became the only Ukrainian airline that could prevent the collapse of its market infrastructure due to the collapse of its main competitor's business. In a short time, the airline had to make an unplanned breakthrough in its development: doubling the number of aircraft and expanding the number of staff to allow a rapid resumption of air transport on most routes of the "inherited" competitor.

The mandatory expansion gave additional impetus to UIA's activity optimization, as well as raising the priority of Ukraine's geographic location and use of transit potential. UIA's established modus operandi allows it to form and direct transit passenger traffic from north to south and from west to east through the main airport in Boryspil.

In 2014, under difficult political and economic conditions, namely the armed conflict in eastern Ukraine, the occupation and annexation of Crimea, the devaluation of the national currency, and thus the sharp rise in foreign exchange spending, UIA was forced to stabilize the enterprise by reducing costs and, for the first time in its history, had to use a reduction in the number of aircraft For the first time in its history, UIA had to use a reduction in the number of aircraft, a reduction in personnel, and a reduction in some unprofitable routes.

At the same time, in order to ensure the availability of airline services to passengers, UIA's leadership decided to undertake a systematic reduction in tariffs by cutting the cost of value-added services from the price of tickets. This step allowed UIA to become the world's first network low-cost carrier by offering low fares to its customers.

UIA unites Ukraine with 38 countries in Europe, Asia, the Americas, Africa and the Middle East. It conducts 1,100 international and domestic flights per week and provides connections to over 3,000 cities worldwide on partner airlines' routes.

Farvater.Travel
Farvater.Travel is the number one online travel supermarket in Ukraine. The site has more than 32 million trips from 29 of the largest travel agencies in Ukraine. The ability to book and pay for holidays without leaving home. 24/7 support for travelers. 11 years of experience in the travel market.
Scroll to Top