Support The Moscow Times!

Ukraine Airline Up for Sale

Ukraine’s property fund said Wednesday that it plans to sell its majority stake in Ukraine International Airlines this year as state asset sales lag behind the government’s target.

The Kiev-based fund owns 61.6 percent of the airline. The airline, founded in 1992, operates 300 regular flights a week and has 19 Boeing aircraft, according to its web site. The European Bank for Reconstruction and Development owns almost 10 percent of the company, and Austria’s UIAB has 22.5 percent. 


… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more