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Ukraine’s Aerosvit begins operating scheduled flights

A week earlier, Aerosvit had to cancel many of its flights, including from Stockholm, Warsaw, Tel Aviv, Ho Chi Minh, Beijing and other cities

KIEV, January 14 (Itar-Tass) — Kiev’s Borispol airport does not report any delays flights on Monday. Ukraine’s major aviation company, Aerosvit, started operating all scheduled flights, the airport’s press service said.

A week earlier, Aerosvit had to cancel many of its flights, including from Stockholm, Warsaw, Tel Aviv, Ho Chi Minh, Beijing and other cities. Besides, the company stopped operating domestic flights both departing and arriving.

On January 10, Aerosvit’s jets were replaced by Ukraine’s International Airlines’ planes to serve flights from Kiev to Prague, Baku, Astana and Tbilisi. Earlier, the Ukrainian International Airlines’ press service reported about consultations with state management to offer a plan of necessary measures to restore a normal functioning of commercial civil aviation.

Presently, Aerosvit began passing its assets to Ukraine’s International Airlines, which has already obtained two Boeing 737-800 NG from the company. Now, the Ukrainian International Airlines may add to the destinations net flights to Russia, Eastern and Southern Europe, Scandinavian countries, the CIS and Middle Asia, the company’s Executive Director Evgeny Treskunov said. The Ukrainian International Airlines have begun selling tickets for the summer period for ten international destinations, which formerly were served by Aerosvit.

Another aviation carrier, also a member of the Ukrainian Aviation Group, company Dnepravia /of Dnepropetrovsk/ is announced to have stopped serving flights. A meeting of the company’s shareholders is due on January 15. The shareholders will discuss future of the company as well as that of the chartered capital of the International Airport of Donetsk company.

On December 29, 2012, upon considering a petition from the foresaid air company, the Arbitration Court of the Kiev Region launched the court proceedings in the bankruptcy of the air company. Meanwhile, the court ruled to launch the procedure of the AeroSvit property crisis management. The court hearings are scheduled at a preparatory court session on January 23.

The debts of the air company to the creditors reached about 533 million dollars as of December 27, 2012.

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