Ukraine International to double international network as Aerosvit restructures
Ukraine's largest carrier Aerosvit has entered a period of restructuring after filing for bankruptcy on 28-Dec-2012. At the core of the airline's reorganisation is a large network shake-up which will see rival Ukrainian carrier Ukraine International Airlines (UIA) take over nearly its entire international network.
While UIA stands to benefit significantly, adding at least 30 routes, Aerosvit's operations will significantly reduce in size. If it survives the bankruptcy, Aerosvit will be left as primarily, or perhaps entirely, a domestic operator.
Aerosvit hopes to continue operating during its reorganisation, which is aimed at restoring the airline's operational efficiency and improving profitability, and retain five medium-haul and five-long haul international routes. But the airline's ongoing operations have been disrupted with incidents involving its aircraft being impounded at various airports causing issues across its network.
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