Now even easier and cheaper to fly to Ukraine: Ryanair launches, Wizz Air returns
Plans to invest about $1.5 billion in Ukraine over the next three to five years were announced by David O’Brien, Ryanair CCO, in a meeting with President Petro Poroshenko. Plans include increasing their Ukrainian bound fleet to 15 aircraft and the passenger flow to 5 million. O’Brien also said the carrier was considering the possibility of opening a software lab in Ukraine.
The past week turned out to be very eventful in the area of air passenger transportation. David O’Brien, Ryanair CCO, said at a meeting with President Petro Poroshenko that the carrier was considering the possibility of opening a software lab in Ukraine. He also announced plans to invest about $1.5 billion in our country over the next three to five years, increasing the fleet to 15 aircraft and passenger flow in the Ukrainian direction – to 5 million.
At a joint press conference with Infrastructure Minister Volodymyr Omelyan, O’Brien announced the opening of five new destinations from Ukraine in April 2019 – Dublin, Sofia, Paphos in Crete, Manchester, and Athens. Thus, from the summer season of 2019, Ryanair will do a total of 22 flights from Ukraine.
In the outgoing week, another major European discount air carrier had some pleasing news for Ukrainians. At a meeting with Poroshenko, Wizz Air CEO Joseph Varadi announced plans to resume the work of the Ukrainian subsidiary, Wizz Air Ukraine, which was discontinued in 2015. According to him, the resumption of work of Wizz Air Ukraine will expand the network of low-cost routes of the airline to/from Ukraine thanks to investments of about $2.5 billion, which will be used to increase the Ukrainian fleet to 20 new Airbus A320 and Airbus A321 aircraft.
Undoubtedly, such a decision is positive from the point of view of the economy, because is a subsidiary is created, taxes will be paid to the Ukrainian budget. In addition, obtaining a Ukrainian license will give the carrier the right to do domestic flights. Therefore, it is possible that soon the Ukrainians will be able to fly with WizzAir at low-cost tariffs between major Ukrainian cities.
Another significant event in the industry in the outgoing week was the news about the plans of the authorities to build a new airport Prydniprivia on the administrative border of Dnipropetrovsk and Zaporizhia regions near the village of Solone. Infrastructure Minister Volodymyr Omelyan expressed confidence that the new airport could be built within three years.