Aerosweet, Donbasaero, create strategic alliance

13:18, 27 February 2007
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“Ukrainian Aircraft Group" does not stipulate a merger

The Ukraine’s biggest aircraft transporter – Aerosweet company, and the third largest Ukrainian airline – Donbasaero – have announced about creating a strategic alliance “Ukrainian Aircraft Group”.

According to an UNIAN correspondent, Aerosweet director general Aron Mayberg and Donbasaero director general Oleksander Hrechko announced this to a press conference in Kyiv today.

The main aims of the strategic alliance will be: to strengthen the competitiveness of airlines, to increase aircraft transportation volumes, to develop flights network, etc..

The first stage of the two companies’ collaboration is planned for 10 years – till 28 January 2017.

The strategic alliance does not stipulate a merger of Aerosweet and Donbasaero. At the same time, their collaboration within the frameworks of the alliance stipulates a merger of technical, industrial, commercial, as well as other resources, which corresponds to the international practice.

 

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