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Ukraine Government, Airbus Sign Memorandum Of Cooperation For 22 Planes

European plane maker Airbus SE (EADSF.PK,EADSY.PK) and the Ministry of Infrastructure of Ukraine signed a memorandum of cooperation, which provides for the possibility of leasing or purchasing 22 aircraft.

Airbus said it sees potential in Ukraine for creating a new air carrier.

Airbus Vice President for Sales in Central and Northern Europe, Russia & Central Asia Kimon Sotiropoulos said, "I am convinced that the decision of the Ukrainian government to launch a new Ukrainian air carrier at this time is correct. Because we are all now going through a period of pandemic and we hope that after its completion we will be able to restore air traffic and air traffic. And we see in Ukraine... great potential to create a new air carrier."

He added that with a new air carrier, one can immediately invest in better technology starting from scratch, a better fleet that has a lower carbon footprint, uses less fuel, and therefore is better for the environment.

He also expressed hope for further cooperation with Ukraine in the next two years.

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