12:53 03.04.2015

Infrastructure ministry hopes Wizz Air will change decision on operation in Ukraine

2 min read
Infrastructure ministry hopes Wizz Air will change decision on operation in Ukraine

The Ukrainian Infrastructure Ministry has said it hopes that Hungary's Wizz Air will change its decision on closing its subsidiary Wizz Air Ukraine, Infrastructure Minister Andriy Pyvovarsky said at a briefing on Thursday.

"Next week my first deputy Volodymyr Shulmeister will meet the top managers of Wizz Air in Switzerland. We understand their position and economic reasons: they are to cut unprofitable markets. We will try to make an offer to them which will change their point of view on the Ukrainian company," he said.

Pyvovarsky said that the ministry will continue to insist on signing the Open Skies agreement with the European Union.

According to a Wizz Air Hungary report, the company will open a new base in Lublin (Poland) in September 2015. The base will be located around 200 kilometers from Lviv.

Wizz Air Ukraine had previously planned to open its base in Lviv, although the plans were not realized.

As reported in late March, Wizz Air Holdings Plc announced that it will restructure the group's operations in Ukraine, and as of April 20, 2015, Wizz Air Hungary will operate eight routes to and from Ukraine, followed by opening a Kyiv base with one Airbus A320 aircraft on June 4, 2015.

"This decision was made, with regret, due to the ongoing instability in eastern Ukraine, the devaluation and volatility of the Ukrainian hryvnia, the limitations in paying suppliers due to foreign exchange controls, and the uncertainties surrounding the new aviation order and the restrictions it might impose," the airline said.

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