SkyUp Airlines, a Ukrainian low-cost carrier, has recently announced the establishment of a new subsidiary in Malta. The new airline, named SkyUp Malta, will operate under the Maltese Air Operator Certificate (AOC) and will focus on providing flights to and from European destinations.
The decision to set up a subsidiary in Malta was driven by several factors, including the country’s favorable regulatory environment, its strategic location in the Mediterranean, and its well-developed aviation infrastructure. Malta is also a member of the European Union, which provides SkyUp Malta with access to the EU’s single aviation market.
SkyUp Malta plans to start operations in the summer of 2021, with a fleet of two Boeing 737-800 aircraft. The airline will initially offer flights to several European destinations, including Italy, Spain, Greece, and Germany. SkyUp Malta aims to expand its route network over time, with a focus on connecting Ukraine with other European countries.
The establishment of SkyUp Malta is part of SkyUp Airlines’ broader strategy to expand its presence in Europe and increase its market share. The airline has been rapidly growing since its launch in 2018, with a fleet of 14 aircraft and a network of over 60 destinations across Europe, Asia, and Africa.
SkyUp Airlines has also been actively involved in repatriation flights during the COVID-19 pandemic, helping to bring Ukrainian citizens back home from various countries around the world. The airline has implemented strict health and safety measures on its flights to ensure the safety of passengers and crew.
The establishment of SkyUp Malta is expected to create new job opportunities in both Ukraine and Malta, as well as contribute to the growth of the aviation industry in both countries. The new airline will also provide passengers with more options for affordable travel within Europe.
In conclusion, the establishment of SkyUp Malta is a significant development for both SkyUp Airlines and the aviation industry in Ukraine and Malta. The new subsidiary will enable SkyUp Airlines to expand its presence in Europe and increase its market share, while also providing passengers with more options for affordable travel. With its focus on safety, reliability, and affordability, SkyUp Malta is poised to become a major player in the European aviation market.
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- Source: Plato Data Intelligence.