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Ukraine Seizes Seven UIA Aircraft in Tax Evasion Probe

The Bureau of Economic Security of Ukraine has seized seven aircraft belonging to Ukraine International Airlines (UIA) in connection with a tax evasion case involving a Cypriot company linked to Ukrainian oligarchs Igor Kolomoisky and Aron Mayberg. The seized assets include three Boeing 737-800s, one Boeing 737-900, and three Embraer E190s, with a combined value of approximately $40 million.

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Ukraine to Restart Flights by January 2025

Ukraine is preparing to resume flights as early as January 2025, with two key airports — Lviv Danylo Halytskyi International Airport and Boryspil International Airport — identified as possible hubs to reopen first. Both locations are strategically significant, with Boryspil near the capital Kyiv and Lviv situated in the western part of the country, which has seen less conflict-related…

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IBA Reports Global Airline Capacity Exceeds Pre-Pandemic Levels in 2024

IBA, a leading aviation consultancy based in the UK, has reported that airline capacity in 2024 has surpassed 2019 pre-pandemic levels across all regions. Key metrics show significant growth, reflecting a robust recovery in global air travel. Available Seat Kilometers (ASKs) rose by an impressive 104%, highlighting a substantial increase in capacity compared to the previous year. Additionally, revenue grew by an average of 23.1% in…

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Poste Air Cargo Adds Second Boeing 737-800BCF to Fleet

Italian carrier Poste Air Cargo is expanding its capacity by introducing a second Boeing 737-800 Boeing Converted Freighter (BCF), serial number 34280. This addition is expected to enter service shortly, joining the first B737-800BCF which is currently being painted. Poste Air Cargo’s strategic move to enhance its fleet reflects the rising demand for air freight…