Back in 1992, Ukraine International was co-founded as an international carrier of independent Ukraine by the Ukrainian State Association of Civil Aviation and GPA (thereafter AerCap B.V.), the world’s largest aircraft lessor. Over the 15-year period, the airline has attracted top class strategic and financial investors. In 1995, the Ukrainian Government shareholding was transferred to the State Property Fund. In 1996, Austrian Airlines and Swissair became shareholders with the European Bank for Reconstruction and Development, EBRD, joining shortly – in 2000.
Organizational model of a public-private entity empowered UIA to take advantage of the strengths of all shareholders, to seize a vast selection of business opportunities, as well as to adopt best maintenance, operation, service, and management practices of its international partners. Initially, UIA was meant to establish non-stop operations between Ukraine and Western Europe and successfully implement the strategy of a point-to-point carrier.
By its 18th anniversary in 2009, UIA became one of Ukraine`s key aviation market players with 20% business segment. However, further development required the UIA business strategy revision. The latter coincided with the change of the company’s ownership in 2010 and was triggered by international investors’ withdrawal from the equity fueled by the shift in their market strategies in Ukraine and expiration of the EBRD investment conventional participation period.
Amid challenging operating environment and intense price-based competition, privatization guaranteed the UIA business flexibility and allowed commencing transformation from a point-to-point into a network carrier.
Ukraine International is Ukraine’s strategic aviation business. UIA is a low-fare network carrier. Its core businesses are passenger and cargo transportation. Ukraine International offers a vast selection of point-to-point and transit travel opportunities. The airline connects Ukraine with 38 countries in Europe, Asia, America, Africa, and the Middle East. Weekly, the carrier operates 1100 international and domestic flights and provides connections with partner airlines’ services to over 3000 destinations worldwide.
Kiev Boryspil International Airport is the UIA base hub. Currently, UIA operates 42 aircraft. UIA holds a handling network. The latter empowers the carrier to closely monitor service quality, sell handling services to other airlines, and generate more employment opportunities in Ukraine.
By 2021, UIA plans to actively enhance and renew fleet, expand eastern and south-eastern route networks, increase frequencies of westbound flights, as well as further develop transit potential of Kiev Boryspil International airport and regional hubs in the cities of Ukraine.
3111 professionals, effective May 19, 2017.
The first flight:
Date: November 25, 1992
Route: Kiev – London – Kiev
Operations: 1100 weekly flights
4.9 million passengers in 2015
6 million passengers in 2016
Panorama Club enrolment – 376 254 loyal clients
Panorama Club Corporate enrolment– 1 389 loyal clients
10 604 230 kg in 2015
11 127 284 kg in 2016
2 530 133 kg in 2015
2 952 862 kg in 2016
Currently, UIA operates 42 aircrafts:
• 4 Boeing 767-300ER aircrafts;
• 25 Boeing 737 NG aircrafts (average age amounts to 9 years);
• 7 Boeing 737 aircrafts;
• 5 Embraer 190 aircrafts.
The fleet’s average age amounts to 12 years.