UIA asks for state loan, counts on support from shareholders

30 March, 2020

Ukraine International Airlines (UIA) president Yevhenii Dykhne said the carrier is asking for a concessional loan from a state bank to help the carrier mitigate the impact of the coronavirus outbreak (liga.net/cfts.org.ua, 27-Mar-2020). Mr Dykhne said UIA could lose USD60 million in 2020. Mr Dykhne added: "We have shareholders who take the matter seriously. They are prepared to support the company".