Ukraine International Airlines (UIA), the largest Ukrainian airlines, saw a 24% rise in passenger transportation in January through June 2016 YoY, to 2.5 million people, UIA President Yuriy Miroshnikov said. “The results of the first half of the year are successful and optimistic. I can say that UIA continues seeing the upward trend outstripping the…
Ukraine International Airlines (UIA, Kyiv), the largest Ukrainian airlines, believes that the aviation market with eastern countries should be liberalized, UIA President Yuriy Miroshnikov said. “The European market is liberalized enough. Dear managers of the sector, use your liberalization efforts in the East. There are examples of liberal approach, such as Georgia, Kazakhstan, and tough…
Industrial prices in Ukraine after a rise of 5.3% caused by the liberalization of the natural gas market by the Ukrainian government left unchanged in June, the State Statistics Service has reported. According to its data, in annual terms (compared to the same period of 2015) the growth of wholesale prices in June slowed to…
The Indian Defense Ministry is working towards inking the final Research and Development design contract with Russia this year for the Indian “perspective multi-role fighter”, a variant of the Russian single-seat FGFA called Sukhoi T-50 or PAK-FA. India is also working on upgrading its existing Sukhoi-30MKI jets into ‘Super Sukhois’ with advanced avionics and weapons.…
India reports several troubles with the performance and maintenance of its MiG-29K/KUB (NATO reporting name: Fulcrum-F) naval multirole fighters, as well as with Vikramaditya (former “Admiral Gorshkov”/Kiev-class) aircraft carrier. The fighters built by Russia’s RSK-MiG corporation (a subsidiary of the United Aircraft Corporation, Russian acronym: OAK) come short of Indian Navy`s (IN) requirements, a source…
Natural gas stocks at Ukraine’s underground storage facilities after the completion of the 2015/2016 heating season have increased by 16.7%, or 1.4 billion cubic meters (bcm). While on April 6, 8.43 billion cubic meters of gas were in the underground storage facilities, on July 9, gas stocks amounted to 9.84 bcm (down by 19.4% YoY).…
Ukrainian President Petro Poroshenko has invited Canadian businessmen to take part in the privatization process in Ukraine. “We have invited Canadian businessmen to take active part in the privatization process that would be transparent, effective and we have received relevant consent at the business forum”, Poroshenko said at a joint press conference with Canadian Prime…