Ukraine International Airlines
Encyclopedia
Joint stock company
A joint-stock company is a type of corporation or partnership involving two or more individuals that own shares of stock in the company...
Ukraine International Airlines (UIA) (Закрите акціонерне товариство «Авіакомпанія Міжнародні Авіалінії України» (МАУ), Aviyakompaniya Mizhnarodni Avialiniyi Ukrayiny, ɑˌwijɑkɔmˈpɑnʲijɑ ˌmiʒnɑˈrɔdni ɑˌwijɑˈʎinʲiji ukrɑˈjɪnɪ) is one of the flag carrier
Flag carrier
A flag carrier is a transportation company, such as an airline or shipping company, that, being locally registered in a given country, enjoys preferential rights or privileges, accorded by the government, for international operations. It may be a state-run, state-owned or private but...
s of Ukraine
Ukraine
Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...
, based in Kiev
Kiev
Kiev or Kyiv is the capital and the largest city of Ukraine, located in the north central part of the country on the Dnieper River. The population as of the 2001 census was 2,611,300. However, higher numbers have been cited in the press....
. It operates scheduled domestic and international passenger and cargo services to cities in western Europe. Its main base is Boryspil International Airport (KBP).
Out of the 5-star ranking, Ukraine International Airlines holds a 2-star ranking from Skytrax
Skytrax
Skytrax is a United Kingdom-based consultancy, the public face of Inflight Research Services, which has the largest airline and airport review and ranking site. It conducts research for commercial airlines...
.
History
The airline was established on 1 October 1992, and started operations on 25 November 1992. It was one of the first joint ventures with foreign capital in Ukraine and was the first airline in the CIS to introduce new Boeing 737Boeing 737 Classic
The Boeing 737 Classic is the name given to the -300/-400/-500 series of the Boeing 737 following the introduction of the -600/-700/-800/-900 series. They are short- to medium- range, narrow-body jet airliners produced by Boeing Commercial Airplanes. The Classic series was introduced as the 'new...
aircraft. The founding shareholders were the Ukrainian Association of Civil Aviation and Guinness Peat Aviation
Guinness Peat Aviation
Guinness Peat Aviation was a Commercial Aircraft Sales and Leasing company set up in 1975 by Aer Lingus, the Guinness Peat Group and Tony Ryan, then an Aer Lingus executive.-History:...
(GPA), an Irish aircraft-leasing company. In 1996, Austrian Airlines
Austrian Airlines
Austrian Airlines is the flag carrier airline of Austria, headquartered in Office Park 2 on the grounds of Vienna International Airport in Schwechat, Wien-Umgebung and a subsidiary of Deutsche Lufthansa AG. Together with regional subsidiary Tyrolean Airways and charter arm Lauda Air, it operates...
and Swissair
Swissair
Swissair AG was the former national airline of Switzerland.It was formed from a merger between Balair and Ad Astra Aero , in 1931...
became shareholders, investing US$9 million in new equity. In 2000, the European Bank for Reconstruction and Development became a shareholder by investing $5.4 million. In February 2011 Ukrainian government sold its 61,6% stake in UIA to three existing minority shareholders for Hr.287 million ($36.2 million). Currently, the airline is owned by UIA Beteiligungsgesellschaft mbH (59%), UIA Holding (26%), and Capital Investment Project (15%).
Its growth plans that included expansion into Eastern Europe and North America were brought to a halt by a rapid expansion of its domestic rival, private Aerosvit Airlines
Aerosvit Airlines
AeroSvit Airlines closed joint stock company , operating as AeroSvit - Ukrainian Airlines / АероСвіт, is one of the Ukrainian flag carriers. Its head office is on the grounds of Boryspil International Airport in Boryspil, Kiev Oblast, Ukraine...
. As the routes it was intending to introduce had already been taken up by its more aggressive competitor, Ukraine International has had to concentrate on its core Western European destinations.
Destinations
UIA flies to Asia, Europe and Middle east from its base at Kiev Boryspil Airport as well as operating domestic flights in Ukraine.Codeshare agreements
Ukraine International Airlines has codeshare agreements with the following airlines:
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