Ukraine to create own low-cost air carrier – infrastructure minister

Ukraine's Infrastructure Minister Volodymyr Omelyan says Ukraine may create its own low-cost air carrier with the help of foreign investors, according to his interview with Segodnia.

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Ukraine is opening its sky for low-cost air carries, but there is opposition from the Ukrainian monopoly, Omelyan told Segodnia.

"The creation of a new air carrier in the low-cost segment will change the situation. I hope we will register it in the fall. It will be a private investment: Ukraine's share is 51%, while that of foreigners is 49%. This is due to the fact that only companies with Ukrainian registration can perform domestic flights," Omelyan said.

Read alsoRyanair vs Boryspil: Airport states own position, says prepared for auditAs UNIAN reported earlier, Ryanair low-cost air carrier had canceled its planned entry to the Ukrainian market. Ryanair's representatives explained their decision by the the failure by the Boryspil Airport to fulfill the agreements reached between the air carrier and Ukraine's Infrastructure Ministry.

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