Ukraine International Airlines (UIA) hoped to carry 30% more passengers in 2014, but it now expects its 2014 traffic to be lower than in 2013
Published 8 July 2014
The company is hit by the complicated political situation, national currency devaluation, and inability to operate flights to Crimea; after adding 19 aircraft to its fleet in 2013, it now struggles with excess capacity, and wet leases aircraft to avoid having them grounded (405 words, 1 table [the company's fleet])
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Article ID: 11861