Wizz Air Ukraine says there is risk of monopolization of Ukrainian aviation market
Currently there is a risk of the monopolization of the Ukrainian aviation market, Wizz Air Ukraine (Kyiv) CEO Akos Bus has said.
"Some changes have recently taken place on the aviation market, and we can call them adverse, as they included, in particular, the cancellation and reduction of passenger flows on such important routes as Istanbul, Moscow, Naples, Prague, Tel Aviv, Warsaw and other cities," he said at a press conference in Kyiv on Tuesday.
According to Bus, as a result many passengers, as well as the reputation of Ukraine's aviation market, have suffered.
As reported, the Economic Court in Kyiv region, after considering an application from private joint-stock company AeroSvit Airline, on December 29, 2012 commenced proceedings on a bankruptcy case. Prior to the crisis, which started in late 2012, the air carrier operated 80 international routes and flew to 34 countries.
The airline later said that the submission of the claim was made as a part of its restructuring to launch a readjustment procedure, restore the airline's solvency and ensure the fulfillment of its liabilities to creditors.
In the first half of January 2013, many flights of AeroSvit were canceled. On January 15, the route network was reduced to two internal and ten international routes. On January 16, the company reported that it introduced a temporary flight schedule until January 31, according to which it would fly on six routes: four international and two domestic routes.