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aviation: Ukraine International’s resources will be auctioned

Even before the army of the Russian Federation invaded Ukraine, Ukraine International Airlines was considered financially troubled. Now many of the wearer’s belongings are being sold through an auction house.

Pretty much anything your heart desires is available for the highest bid. The aviation company had not filed for bankruptcy until then, but it had accumulated a lot of outstanding debts in recent years. The cessation of scheduled flights due to the war probably caused a big hole in the coffers. In contrast to its competitor Skyup Airlines, it was not able to switch to ACMI and wet lease services as quickly and does not earn enough in this segment.

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