Latest news with #LogisticsasaDriverofEconomicGrowth
Yahoo
25-03-2025
- Business
- Yahoo
Wizz Air reveals details on resuming flights in Ukraine
Hungarian airline Wizz Air is ready to return to Ukraine and is close to reaching an agreement on resuming commercial operations with some Ukrainian airports. Source: CEO József Váradi during the Logistics as a Driver of Economic Growth conference organised by the think tank We Build Ukraine Details: Váradi stated that Wizz Air has big plans for Ukraine and sees significant potential in the country's aviation sector. He mentioned that Wizz Air was planning not only to operate flights to Ukraine but also to restore operational bases and resume flights from the country. Váradi reported that Wizz Air has developed a plan to establish a network of around 100 routes within the first six months of resuming operations, aiming to achieve an annual passenger flow of five million. Váradi added that they were already prepared and actively negotiating with airports in Lviv and Kyiv, being close to finalising a commercial agreement. Background: Ryanair, one of the world's largest low-cost airlines, has developed a five-year plan to resume flights to Ukraine, but CEO Michael O'Leary says the airports the company has approached with the proposed deal are ignoring it. Ryanair is preparing a plan to restart flights to Ukraine within four to six weeks after the war with Russia is suspended. Viktor Mykyta, Deputy Head of the Ukrainian President's Office, told Forbes Ukraine that every effort would be made to reopen the airport in the city of Uzhhorod, but the final decision lies with the military personnel. Wizz Air intends to resume flights to Ukraine shortly after a ceasefire with Russia is announced, restoring about 30 inbound routes within six weeks. Support Ukrainska Pravda on Patreon!
Yahoo
25-03-2025
- Business
- Yahoo
Airports ignore Ryanair plans to resume flights after airspace reopens in Ukraine
Ryanair, one of the world's largest low-cost airlines, has developed a five-year plan to resume flights to Ukraine, but CEO Michael O'Leary says the airports the company has approached with the proposed deal are ignoring it. Source: Ryanair CEO Michael O'Leary at Logistics as a Driver of Economic Growth, a conference organised by the think tank We Build Ukraine Details: O'Leary said the low-cost airline has drawn up an ambitious plan to resume flights in Ukraine as soon as the skies reopen and it becomes safe. He said that according to the plan, Ryanair could fly 5 million passengers in Ukraine in the first year after the skies reopen and then increase that figure from 5 to 10 million passengers within five years. Details: O'Leary said his airline submitted the five-year growth plan to Boryspil and Lviv airports over two years ago and he is disappointed that Ryanair has received no response. Ryanair has aircraft at 90 European airports and could send some of them to Kyiv and Lviv. Their plan is to resume flights within six weeks of the airspace reopening, but in the absence of an agreement with the airports, flights to Ukraine are likely to start on a smaller scale – one million passengers in the first year. Background: Ryanair has prepared a plan to resume flights to Ukraine within four to six weeks of the war with Russia being suspended. Viktor Mykyta, Deputy Head of the President's Office, promised in an interview with Forbes to do everything possible to reopen Uzhhorod airport, but the military will make the final decision. Support Ukrainska Pravda on Patreon!