Govt to Stabilize Situation in Aviation Domain of Ukraine
OREANDA-NEWS. On April 22, 2009 At its sitting the Gov’t considered a block of issues directed to stabilization of the situation in aviation domain, notably concerning allocation funds from the Stabilization Fund for financial invigoration of Kharkiv Aviation Plant and Kyiv Aviation Plant Aviant. Yulia Tymoshenko, the Premier of Ukraine, announced on opening a Government’s sitting.
“On realizing the anti-crisis program in aviation area the Government has a rather clear intention – not just to set two key plants on their feet but to trigger the whole branch and start developing new markets,” the Head of Government emphasized.
Yulia Tymoshenko noted today the Gov’t is to address an issue on allocation of funds from the Stabilization Fund for completion of nine aircrafts by Kharkiv Aviation Plant, which will bring the enterprise USD 200 mn. Also Yulia Tymoshenko reminded the Aviant plant has five plants to be finished and nowadays the Government suggests earmarking resources from the Stabilization Fund to complete the aircraft designed for the state transport leasing company.
Moreover, Yulia Tymoshenko explained to complete these aircrafts credit lines are planned to open in Ukreximbank. “Every copeck allocated from the budget and by Ukreximbank will be under strict control of the Government. All the funds will go to completion of the planes,” the Prime Minister promised.
Yulia Tymoshenko added the Government, by implementation of the anti-crisis program, has already fulfilled a series of crucial measures to normalize the work of the above-mentioned aviation enterprises, in particular statutory capitals of the plants had been increased and social arrears to the employees cut.
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