AeroSvit's net loss doubles in 2014

15:41, 05.05.2015 1 min read

The net loss of AeroSvit (Kyiv) in 2014 doubled to UAH 1.337 billion, according to a company fiscal report in the information disclosure system of the National Commission on Securities and the Stock Market.

Last year the company received no income.

AeroSvit, which was the largest Ukrainian air carrier, began bankruptcy proceedings in late December 2012, which were later canceled by a court decision, ceased operations and currently does not carry out flights.

AeroSvit, along with bankrupt Donbassaero and Dniproavia, was part of Ukrainian Aviation Group, which was affiliated with Ukraine's Privat Group (Dnipropetrovsk). Later Dniproavia left the group.