Increase of Low-Cost Airlines in Ukraine

by Meifan Honcharuk
Monday, November 29, 2021
Increase of Low-Cost Airlines in Ukraine

The share of low-cost airlines reached 40% at the "Boryspil" airport

The traffic of hybrid and low-cost airlines reached 40% of the total passenger traffic of Boryspil airport on international scheduled flights in 2021.

This was announced by the general director of the" rel="dofollow">enterprise Olexiy Dubrevsky.

Back in 2017, the low-cost share was only 3%, and in the pre-covid 2019 year — 17%.

How to explain such a large number of low-cost airlines?

According to Dubrevsky's publication reports, this is due to structural changes in the entire market. Passengers began to fly more often by low-cost airlines that operate direct flights, not by classic airlines that provide transfers at the base airport.

Dubrevsky predicted that the growth in the share of hybrid airlines and low-cost airlines will continue to grow.

Low-cost airlines growth forecast

According to Dubrevsky's forecasts, the growth in the share of hybrid airlines and low-cost airlines will continue.

In 2021, Boryspil Airport expects to serve 9.5 million passengers, which will be 62% of the pre-crisis 2019 indicator.

The head of the enterprise noted that the recovery from covid time is proceeding according to the optimistic scenario, and the main drivers of this are low-cost airlines and charter airlines.

The number of passengers on charters at Boryspil airport for 10 months of 2021 has already exceeded the same indicator of 2019. The leading carriers are Azur Air Ukraine, UIA, SkyUp and Windrose.

About Boryspil airport

Boryspil International airport is the leading and largest passenger international airport in Ukraine and its capital. The airport serves Kyiv and other regions of Ukraine, providing almost 2/3 of air passenger traffic in the country. The only airport in Ukraine with a transcontinental status. It serves more than 15 million national and foreign passengers annually.

Boryspil opens a low-cost terminal

On March 31, 2021, Terminal F will start operating at Boryspil airport, which focuses on low-cost air transportation from the terminal. 11 airlines, including Ryanair, Laudamotion, Aigle Azur, and SkyUp airlines, will operate flights.

It has not worked since 2013 due to low passenger traffic. $3.7 million was spent to restore the terminal.

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