Skyup MT takes two Airbus A320s into wet lease
Since the outbreak of war in Ukraine, the Ukrainian low-cost airline Skyup has been able to stay in the air through wet lease contracts in the EU and other regions. A subsidiary has been set up in Malta and this is precisely what is now acquiring wet lease aircraft itself. Skyup was once a low-cost airline that was active within Ukraine, but also internationally. Numerous new routes to the DA-CH region were announced for 2022, but the expansion did not come to fruition because in February 2022 the Russian Federation felt it had to launch a military attack on its neighboring state. Ukraine's airspace is still closed to civil aircraft for security reasons. Not all Ukrainian carriers managed to get their aircraft out of the country in time and also land ACMI and charter contracts. Ukraine International even had to file for bankruptcy because after a few flight orders, almost nothing came along. Skyup was aware that as a non-EU carrier it could only fulfil ACMI and wet lease orders within the EU on the basis of special permits. Therefore, it founded the subsidiary Skyup MT in Malta. The company is still a long way from the first announcements that it would set up a large low-cost airline. The airline mainly carries out charter and wet lease orders. For example, it is currently flying on behalf of Flyone, based in the Republic of Moldova. There are currently no signs that the announced scheduled flights could be carried out on its own account in the foreseeable future. According to a report by CH-Aviation.com, Skyup MT will take two Airbus A5s from Fly5Sky between April 2024 and November 320, 2.