Uzbek Transport Minister Ilham Makhkamov has commented on the privatization of Uzbekistan Airways. He said that prior to the privatization, the government should work on increasing the attractiveness of the company for investors. “Our main goal should be selling the airline at a good price. All the aircraft purchased in until today were brought using…
The Ukrainian low-cost carrier SkyUp Airlines will launch flights on the Kyiv-Bodrum (Turkey)-Kyiv route from May 29, the airline’s press service reports. Flights will be operated three times a week: on Mondays, Wednesdays and Saturdays. The airline reminds that to enter Turkey, one must provide a negative PCR test for COVID-19 certificate, issued no more…
The Ukrainian low-cost carrier SkyUp Airlines launched regular flights on the Kyiv-Tirana route on April 25, the Embassy of Ukraine in the Republic of Albania reported. “On April 25, Ambassador of Ukraine to the Republic of Albania Volodymyr Shkurov took part in a solemn meeting of 150 tourists of the first Kyiv-Tirana flight operated by…
Air Kyrgyzstan OJSC could not withstand the competition due to the entry into market of the Turkish airline Pegasus, Russian Ural Airlines, S7, Yamal and private Kyrgyz airlines, report of the Accounts Chamber of Kyrgyzstan on the results of audit of the company for 2018-2019 showed. According to the results of financial and production activities,…
The Latvian national airline airBaltic and Riga International Airport have signed a land lease to construct a new cargo hangar Baltic Cargo Hub within the airport’s territory. This hub is planned to become the biggest freight-processing center in the Baltic region, as reported by the airline. Current plans suggest the total area of Baltic Cargo…
Uzbek President Shavkat Mirziyoyev on April 19 announced the planned transformation of Uzbekistan Airways and Uzbekistan Airports in a bid to improve the effectiveness of these companies. New measures aim at reducing the expenses of Uzbekistan Airways by $46.5 million. The staff of the company and its structural organizations are set to be optimized, a…
In January-March, the Freeport of Riga (Latvia) handled 5.39 million tons of cargo, down by 15.3% YoY. According to the port’s statistics, handing of grain increased by 42.6%, to 832,700 tons, ore – by 42.9%, to 199.600 tons, wood pellets – by 9.3%, to 588,700 tons, sawn timber – over 2-fold, to 116,700 tons, and…