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Aerosvit Airlines
AeroSvit Airlines private stock company ( uk, italic=yes, Приватне акціонерне товариство «Авіакомпанія АероСвіт»), operating as AeroSvit — Ukrainian Airlines / АероСвіт, was a Ukrainian private airline. Its head office was on the grounds of the Boryspil International Airport in Boryspil. Aerosvit Ukrainian Airlines was a member of IATA and an IATA IOSA certified carrier. Its main base was the Boryspil Airport. The airline was established in March 1994 and started operations in April the same year with international flights from Kyiv in co-operation with Air Ukraine. , Aerosvit was the largest carrier in Ukraine. Bankruptcy procedures began in January 2013, and in February 2013, AeroSvit ceased operations. History Early years The airline was established on 25 March 1994, and started operations in that year with flights from Kyiv to Athens, Larnaca, Tel Aviv, Odesa and Thessaloniki in co-operation with Air Ukra ...
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Privat Group
The Privat Group, or PrivatBank Group ( uk, Група «Приват», Romanization of Ukrainian, romanized: ''Hrupa "Pryvat"'') is a Multinational corporation, global business group, based in Ukraine. Privat Group controls thousands of companies of virtually every industry in Ukraine, the European Union, Georgia (country), Georgia, Ghana, Russia, the United States and other countries. steel industry, Steel, Petroleum industry, oil & Natural gas, gas, chemical industry, chemical and energy industry, energy are sectors of the group's prime influence and expertise. None of the group's capital is publicly traded on any stock exchange. The business group was grouped around PrivatBank. On 18 December 2016 this bank was nationalized by the government of Ukraine, taking 100% ownership. The group is controlled by the billionaire businessmen Henadiy Boholyubov, Hennadiy Boholyubov, Oleksiy Martynov, and Ihor Kolomoyskyi (the latter is the richest and leading partner that is best known to t ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ...
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Boeing 767
The Boeing 767 is an American wide-body aircraft developed and manufactured by Boeing Commercial Airplanes. The aircraft was launched as the 7X7 program on July 14, 1978, the prototype first flew on September 26, 1981, and it was certified on July 30, 1982. The original 767-200 entered service on September 8, 1982, with United Airlines, and the extended-range 767-200ER in 1984. It was stretched into the in October 1986, followed by the 767-300ER in 1988, the most popular variant. The 767-300F, a production Cargo aircraft, freighter version, debuted in October 1995. It was stretched again into the 767-400ER from September 2000. To complement the larger Boeing 747, 747, it has a seven-abreast cross-section, accommodating smaller LD2 unit load device, ULD cargo containers. The 767 is Boeing's first wide-body twinjet, powered by General Electric CF6, Rolls-Royce RB211, or Pratt & Whitney JT9D turbofans. JT9D engines were eventually replaced by Pratt & Whitney PW4000, PW4000 engi ...
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Boeing 737 Classic
The Boeing 737 Classic is a series of narrow-body airliners produced by Boeing Commercial Airplanes, the second generation of the Boeing 737 series of aircraft. Development began in 1979 and the first variant, the 737-300, first flew in February 1984 and entered service that December. The stretched 737-400 first flew in February 1988 and entered service later that year. The shortest variant, the 737-500, first flew in June 1989 and entered service in 1990. Compared to the original series, the classic series was re-engined with the CFM56, a high-bypass turbofan, for better fuel economy and had upgraded avionics. With a MTOW, it has a range of . At the -500 is similar in length to the original 737-200 and can fly 110 to 132 passengers. The -300 can seat 126 to 149 passengers while the -400 accommodates 147 to 168 seats. It competed with the McDonnell Douglas MD-80 series, then with the Airbus A320 family which prompted Boeing to update its offer with the 737 Next Gener ...
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International Air Transport Association
The International Air Transport Association (IATA ) is a trade association of the world's airlines founded in 1945. IATA has been described as a cartel since, in addition to setting technical standards for airlines, IATA also organized tariff conferences that served as a forum for price fixing. Consisting in 2016 of 290 airlines, primarily major carriers, representing 117 countries, the IATA's member airlines account for carrying approximately 82% of total available seat miles air traffic. IATA supports airline activity and helps formulate industry policy and standards. It is headquartered in Canada in the city of Montréal, with executive offices in Geneva, Switzerland. History IATA was formed in April 1945 in Havana, Cuba. It is the successor to the International Air Traffic Association, which was formed in 1919 at The Hague, Netherlands. At its founding, IATA consisted of 57 airlines from 31 countries. Much of IATA's early work was technical and IATA provided input to the ...
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Moscow
Moscow ( , US chiefly ; rus, links=no, Москва, r=Moskva, p=mɐskˈva, a=Москва.ogg) is the capital and largest city of Russia. The city stands on the Moskva River in Central Russia, with a population estimated at 13.0 million residents within the city limits, over 17 million residents in the urban area, and over 21.5 million residents in the metropolitan area. The city covers an area of , while the urban area covers , and the metropolitan area covers over . Moscow is among the world's largest cities; being the most populous city entirely in Europe, the largest urban and metropolitan area in Europe, and the largest city by land area on the European continent. First documented in 1147, Moscow grew to become a prosperous and powerful city that served as the capital of the Grand Duchy that bears its name. When the Grand Duchy of Moscow evolved into the Tsardom of Russia, Moscow remained the political and economic center for most of the Tsardom's history. When th ...
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Boeing 737
The Boeing 737 is a narrow-body aircraft produced by Boeing at its Renton Factory in Washington. Developed to supplement the Boeing 727 on short and thin routes, the twinjet retains the 707 fuselage width and six abreast seating with two underwing turbofans. Envisioned in 1964, the initial 737-100 made its first flight in April 1967 and entered service in February 1968 with Lufthansa. The lengthened 737-200 entered service in April 1968, and evolved through four generations, offering several variants for 85 to 215 passengers. The 737-100/200 original variants were powered by Pratt & Whitney JT8D low-bypass engines and offered seating for 85 to 130 passengers. Launched in 1980 and introduced in 1984, the 737 Classic -300/400/500 variants were upgraded with CFM56-3 turbofans and offered 110 to 168 seats. Introduced in 1997, the 737 Next Generation (NG) -600/700/800/900 variants have updated CFM56-7s, a larger wing and an upgraded glass cockpit, and seat 108 to 215 passe ...
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Dry-lease
Aircraft leases are leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons: to operate aircraft without the financial burden of buying them, and to provide temporary increase in capacity. The industry has two main leasing types: wet-leasing, which is normally used for short-term leasing, and dry-leasing which is more normal for longer-term leases. The industry also uses combinations of wet and dry. For example, when the aircraft is wet-leased to establish new services, then as the airline's flight or cabin crews become trained, they can be switched to a dry lease. Market Operating leases of jet airliner accounted for less than 2% of the fleet in 1976, then 15% in the early 1990s, 25% in 2000 and 40% in 2017, with lessors involved in 62% of second hand mid-life aircraft transactions since 2000: 42% in Europe and 29% in North America. In 2015, over $120 billion of commercial aircraft were delivered ...
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Air Carrier
An airline is a company that provides civil aviation, air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or Airline alliance, alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight. Generally, airline companies are recognized with an Air operator's certificate, air operating certificate or license issued by a governmental aviation body. Airlines may be scheduled or Air charter, charter operators. The List of airlines by foundation date, first airline was the German airship company DELAG, founded on November 16, 1909. The four oldest non-airship airlines that still exist are the Netherlands' KLM (1919), Colombia's Avianca (1919), Australia's Qantas (1920) and the Czech Republic's Czech Airlines (1923). Airline ownership has seen a shift from mostly personal ownership until the 1930s to government-ownership of major airlines from the 1940s to ...
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Thessaloniki
Thessaloniki (; el, Θεσσαλονίκη, , also known as Thessalonica (), Saloniki, or Salonica (), is the second-largest city in Greece, with over one million inhabitants in its Thessaloniki metropolitan area, metropolitan area, and the capital city, capital of the geographic regions of Greece, geographic region of Macedonia (Greece), Macedonia, the administrative regions of Greece, administrative region of Central Macedonia and the Decentralized Administration of Macedonia and Thrace. It is also known in Greek language, Greek as (), literally "the co-capital", a reference to its historical status as the () or "co-reigning" city of the Byzantine Empire alongside Constantinople. Thessaloniki is located on the Thermaic Gulf, at the northwest corner of the Aegean Sea. It is bounded on the west by the delta of the Vardar, Axios. The Thessaloniki (municipality), municipality of Thessaloniki, the historical center, had a population of 317,778 in 2021, while the Thessaloniki metro ...
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Odesa
Odesa (also spelled Odessa) is the third most populous city and municipality in Ukraine and a major seaport and transport hub located in the south-west of the country, on the northwestern shore of the Black Sea. The city is also the administrative centre of the Odesa Raion and Odesa Oblast, as well as a multiethnic cultural centre. As of January 2021 Odesa's population was approximately In classical antiquity a large Greek settlement existed at its location. The first chronicle mention of the Slavic settlement-port of Kotsiubijiv, which was part of the Grand Duchy of Lithuania, dates back to 1415, when a ship was sent from here to Constantinople by sea. After a period of Lithuanian Grand Duchy control, the port and its surroundings became part of the domain of the Ottomans in 1529, under the name Hacibey, and remained there until the empire's defeat in the Russo-Turkish War of 1792. In 1794, the modern city of Odesa was founded by a decree of the Russian empress Catherine the ...
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Tel Aviv
Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the Gush Dan metropolitan area of Israel. Located on the Israeli coastal plain, Israeli Mediterranean coastline and with a population of , it is the Economy of Israel, economic and Technology of Israel, technological center of the country. If East Jerusalem is considered part of Israel, Tel Aviv is the country's second most populous city after Jerusalem; if not, Tel Aviv is the most populous city ahead of West Jerusalem. Tel Aviv is governed by the Tel Aviv-Yafo Municipality, headed by Mayor Ron Huldai, and is home to many List of diplomatic missions in Israel, foreign embassies. It is a Global city, beta+ world city and is ranked 57th in the 2022 Global Financial Centres Index. Tel Aviv has the List of cities by GDP, third- or fourth-largest e ...
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