Ukraine's Cabinet of Ministers has updated the financial plan of Ukrainian State Air Traffic Services Enterprise (UkSATSE) with increased revenue and profit indicators.

Ukrainian Infrastructure Minister Volodymyr Omelyan said at a government meeting on Wednesday that the financial plan was amended, taking into account the actual number of flights of aircrafts in Ukrainian airspace and the hryvnia exchange rate. In 2016 UAH 2.409 billion of revenue have been posted with expenses at UAH 2.379 billion. Net profit increased to UAH 30 million.

UkSATSE, founded in 1992, is a base of the national Air Navigation System and the Joint Civil-Military Air Traffic Management System of Ukraine (JCMS).

The main mission of UkSATSE is to provide an efficient and safe air navigation services in the Ukrainian airspace and in the airspace over the high seas where the responsibility for providing air traffic services is delegated to Ukraine under the international agreements.