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Why Ihor Kolomoisky’s Airline Empire Fell

30Apr

By Alya KulikovaNo Comments

Analysis

Why Ihor Kolomoisky’s Airline Empire Fell

Relatively unknown to people in the West, Ukrainian oligarch Ihor Kolomoisky once owned an airline empire that spanned Europe. But then, he threw it all away... And whilst there are rumors he maintains ownership of a few airlines to this day, it is impossible to prove these claims and the fact of the matter remains: the airlines he once owned openly are no more. (adsbygoogle = window.adsbygoogle || []).push({}); Who is Ihor Kolomoisky? Unlike other airline moguls like Michael O'Leary and Richard Branson, Ihor Kolomoisky isn't exactly a household name in the West, even if he is in his native Ukraine. Born into a Jewish family of engineers in Dnipropetrovsk (modern day Dnipro), then in the Ukrainian SSR in the Soviet Union, Ihor followed in his parent's fo...

How to Start an Airline in 7 Easy Steps!

10Nov

By Salomón Marco2 Comments

Airlines

How to Start an Airline in 7 Easy Steps!

It's often said that you're either a genius or completely mad if you want to start an airline. So for those geniuses or whack jobs out there, how exactly do you start your own airline? But it's not just about starting your own airline, it's about running it well and making sure to always stay one step ahead of the competition. One wrong step and you can easily join the long list of airlines that have failed for one reason or another. (adsbygoogle = window.adsbygoogle || []).push({}); 7. Have an Interest in Aviation Though obvious and often overlooked, any prospective airline entrepreneur should have an interest in aviation, just as a prospective tech entrepreneur should have for the tech industry, or a media entrepreneur for the media industry. Most prospec...

The real effects of flight shaming revealed

15Jan

By Christopher HarrowNo Comments

Airlines

The real effects of flight shaming revealed

Over the past few years, there has been a growing concern over how we can protect our planet. This has spawned a completely eco-friendly frenzy. The figurehead of this movement is the 17-year old Swedish, Greta Thungberg. She has made it her number one priority to fix climate change, and one of her biggest targets is the aviation industry, through something called flight shaming. What is flight shaming? Flight shaming is where people, mainly celebrities and public figures, are attacked on social media (and in the media) for taking a flight in a private jet. Activists believe that private jets should be banned, alongside business and first classes on commercial airliners. They believe that an all-economy configuration, as seen in many low cost European carriers, is the way forward. Thi...

How does Christmas really affect the airline industry?

7Dec

By Christopher HarrowNo Comments

Analysis

How does Christmas really affect the airline industry?

It is coming up to Christmas (if you couldn't work that out already from all the commercials and the supermarkets). When it comes to the holiday season, people tend to travel a lot, this can often be by aircraft, thanks to our increasingly global world. But how does this affect the airline industry as a whole? How does Christmas affect the airline industry? Christmas often sees a huge increase in travel, where a large part of that is via aircraft. This sees airlines increasing capacity and routes over the holiday season, in order to cope with the increased demand. People tend to travel in order to see friends and family, especially across the world, such as the UK, US, and Australia. But thanks to this, airports around the world are forced to close off parts of their terminals due to ...