The main hub is at Kyiv's Boryspil International Airport.
Company in social networks:
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Main
The airline directly or indirectly controls Ontobet promotions limited, a company registered in Cyprus. The full list of beneficiaries is not disclosed.
It is known that among the owners of the company, there are Ihor Kolomoisky (according to him, he owns 25% of the carrier's shares) and Pavlo Ovcharenko (head of Ukrtatnafta).
The supervisory board of the company:
Aron Mayberg, Ukrainian businessman, a citizen of Israel, a former co-owner of Aerosvit airline.
Oleksandra Nikitina, representative of Ontobet Promotions Limited (a shareholder). She was previously mentioned in the media as a UIA lawyer.
Volodymyr Bogatsky, Vice President-Finance at UIA. In the Supervisory Board, he is a representative of Capital Investment Project LLC (a shareholder).
The company belongs to Investment Projects Management LLC, a Kyiv-based company controlled by the offshore Ontobet Promotions Limited.
CEO: Evgeniy Dykhne, a former top manager of Boryspil airport.
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Income, number of employees, assets
Until March 2020, the beginning of the coronavirus-related crisis in Ukraine, UIA covered 80% of all domestic air transportation. The company's fleet includes 35 airliners. The average age of the fleet is 12 years.
The company did not publish a report for 2019. It is known that losses for 2018 are more than $100 million, while the revenue is about $ 1 billion.
According to Slidstvo.Info, by March 2020, the company owes UAH 1.2 billion to the state enterprise UkSATSE.
In the beginning of 2020, UIA had 2,560 employees. In May 2020, the company announced that it would lay off 900 people. These are mainly administrative staff and flight attendants.
They also have offices in 38 countries. Mainly in the capitals, including Baku, Tbilisi, Yerevan, Tashkent, Ashgabat, Minsk, and Moscow. Apart from that, they also have offices in New York, Tel Aviv, Rome, Beijing, Barcelona, Amsterdam, Berlin, Vienna, Warsaw, Zurich, and Paris. There are also offices in the cities of Crawley (Great Britain) and Diegem (Belgium).
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History
In 1992, the airline was founded by the Civil Aviation Association and the largest Irish company GPA (later AerCap B.V.).
In 1995, the state block of shares was transferred to the State Property Fund.
In 1996, Austrian Airlines and Swissair became UIA shareholders.
In 2000, another shareholder appeared, it was the European Bank for Reconstruction and Development (EBRD).
In 2011, after privatization, the company came under the control of the Cypriot Ontobet Promotions Limited. UIA explained that foreign investors left the capital of the enterprise, therefore they changed the ownership structure.
In 2014, the company downsized its staff and closed a number of unprofitable flight routes.
On the morning of January 8, 2020, a UIA Boeing flying Tehran-Kyiv was shot down by the Iranian military. This happened almost immediately after takeoff from the international airport Imam Khomeini.
167 passengers and nine crew members died. Onboard, there were citizens of seven countries: Iran, Canada, Sweden, Great Britain, Afghanistan, Germany, and Ukraine (nine crew members and two passengers).
In June 2020, Tehran was dragging out its investigation, did not decode the flight recorders, and refused to hand over the black boxes.
In April 2020, UIA representatives asked the Cabinet of Ministers for a stabilization loan of $50 million at 5-6% interest to maintain the financial stability of the enterprise.
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Associated companies
Windrose Airlines
air transportation
Windrose Airlines is a Ukrainian airline, a competitor of UIA.
According to BusinessCensor, the owners of Windrose Airlines are Ukrainian company Rydell and Bregenzer Limited, a Cypriot company of Ihor Kolomoisky.
In July 2019, Windrose Airlines won a tender of state airline to operate special flights.
They carry by air the highest officials of Ukraine, as well as heads of state and government of foreign countries arriving in Ukraine or crossing its airspace.
SkyUp
air transportation
SkyUp Airlines is a subsidiary of Join! Up, a tour operator that was cooperating with UIA until 2018.
In 2018, the Baryshevsky District Court of Kyiv became famous all over the country as it suspended the license for SkyUp to carry passengers at the request of a woman from Kyiv.
Just a month before the scandalous decision of the court, SkyUp declared itself as "the first Ukrainian low-cost airline."
Back then, the Schemy journalists found out that the woman did not claim to the court. The lawsuit was associated with the manager of Privat and People's Deputy Olexandr Dubinin. Allegedly, he received a letter from a local woman with a request to assist in the implementation of the court's decision. In an interview with journalists, Kolomoisky claimed the attack on the low-cost airline had nothing to do with him personally. However, he admitted that the deputy Olexandr Dubinin headed Dniproazot, owned by the oligarch.
Aerosvit
air transportation
Aerosvit is the largest airline in Ukraine in 1994-2013. The Aerosvit's main shareholder was Privatbank, a bank controlled by Kolomoisky.
In 2012, the company faced problems as there were a number of flight delays and cancellations. Many times, there were more tickets sold than there were seats on the plane.
The low quality of service was associated with a monopoly position in the Ukrainian market as at that time, Aerosvit covered almost 70% of air transportation in the country's domestic market.
In December 2012, bankruptcy proceedings began. Debts to creditors were UAH 4.2 billion, and the total reported value of Aerovsit was 1.4 billion.
At the same time, it became known that Aerosvit lost its flights to its competitor, UIA.
Dniproavia
Dniproavia includes the airline Dniproavia and the Dnepropetrovsk International Airport.
In 2009, the State Property Fund sold 94.57% of the airline's shares to Galtera, a company that belongs to Privat's structures.
In 2019, the SPF tried to get Dniproavia back to state ownership. Galtera had to invest in the development of infrastructure and the reconstruction of the runway.
During the trial, the company explained that the ATO in eastern Ukraine prevented them from fulfilling their promise. And the court took the side of Kolomoisky's companies.
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Associates
Mykhailo Tabachnyk
Former co-owner of UIA, according to media reports. In 2012 for six months, Mykhailo Tabachnyk was listed as a member of the Supervisory Board of UIA.
Brother of Dmytro Tabachnyk, Minister of Education during the Yanukovych presidency.
In 2013, the media wrote that, together with Tabachnyk, there is also another co-owner of the airlines — (former) Minister of Infrastructure of Ukraine Borys Kolesnikov.
After the company's poor financial performance, both Tabachnyk and Kolesnikov allegedly left the business. The latter, however, denied his connection with UIA.
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Scandals, crime
In April 2017, the Pechersk District Court of Kyiv ordered to arrest a UIA's Boeing as part of a criminal case on embezzlement of funds from Privatbank.
The company claimed the plane continues to operate. It belonged to Portuguese company Pennylane — Comercio Internacional LDA, and was leased by UIA and used on long-haul routes.
In April 2020, the Kyiv regional branch of the Antimonopoly Committee launched an investigation of selling overpriced tickets by the airline.
In mid-March, at the height of the coronavirus crisis, an economy class ticket on the London-Kyiv flight cost UAH 24,000. Although a week before that, the price was UAH 10,000.
'If violations of competition law are found, the company faces a fine of up to 10% of the company's annual income,' said the head of the Kyiv regional branch of the AMCU Khmelnitskyy Aleksey.
profiles
In June 2020, the airline got into an international scandal: 38 puppies died on board the plane that flew from Kyiv to Toronto.
'A shipment of approximately 500 puppies landed at Toronto Pearson International Airport on Saturday. When they arrived, the CFIA says 38 dogs were dead, and many of the other dogs were suffering from dehydration, weakness or vomiting.'
profiles
It is clarified that the employees of the Canadian Food Inspection Agency (CFIA) (dealing with the protection of food, plants, and animals) are investigating all the circumstances of the tragic incident.
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Merits
In 2001, the airline became the official carrier of Pope John Paul II, and in 2008, UIA was the official carrier of Ecumenical Patriarch Bartholomew I during their visits to Ukraine.
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Photo, video
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