Ukraine International Airlines

Airline Code: PS

About Ukraine International Airlines:
The airline was established on October 1, 1992, and started operations on November 25, 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 737 aircraft. The founding shareholders were the Ukrainian Association of Civil Aviation and Guinness Peat Aviation (GPA), an Irish aircraft-leasing company. In 1996, Austrian Airlines and Swissair 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. The airline is owned by Austrian Airlines (22,5%), Aer Cap (6%), EBRD (9,9%) and the State Property Fund of Ukraine (61,6%).

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. 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.

Ukraine International Airlines Major Hubs:
Boryspil International Airport

Aircraft Type:
Boeing 737-300 seats: 132 (34/89), 737-400 seats:167, 737-500 seats: 102 (18/84), 737-300 Cargo

Fleet Size: 15

No. of Destinations: 27

Airline was founded in: 1992