Kharkiv Airlines was acquired by DCH Group which purchased 99.99% of the company’s shares from the Ukrainian State Property Fund (SPF) (Ukrainian News Agency, 11-Jun-2012). As previously reported by CAPA, the airline was sold for UAH1.2 million (EUR117,000) on 07-Jun-2012 however at the time the purchaser was not disclosed.
Kharkiv Airlines acquired by DCH Group
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Odessa International Airport Part 1: Tourism remains important in a still-troubled region
Odessa International Airport lies in the south of the Ukraine on the Black Sea. Although it is removed from the fighting in eastern Ukraine and the annexed Crimea those events have inevitably impacted on it, as they have elsewhere in a country that is trying to effect an economic recovery.
The airport is business-oriented, without much exposure to low cost airlines, but it represents a city-region that retains a robust and multi-faceted economy. A modernisation project has been delayed but the first part of it should be completed in 2016, thus giving it the opportunity to compete directly with the much larger airport at the capital, Kiev.
This two part report examines Odessa International Airport (OIA) by way of several sets of metrics, looks at the airports that are rivals to it, at its construction activities and its convoluted ownership.