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Search resuls for: "Ukraine Development Fund"


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London CNN —Ryanair is planning to connect major airports in Ukraine to almost two dozen European capitals within weeks of the country’s airspace reopening when the war ends. Ryanair (RYAAY) said in a statement Thursday it would offer flights to and from Ukraine within eight weeks of that happening. Speaking from Kyiv, Ryanair CEO Michael O’Leary said the carrier would “charge back” into Ukraine after the war. “The visit of Ryanair senior management to Boryspil Airport is a powerful signal that the largest airline in Europe sees huge potential in the Ukrainian air transport market,” said Boryspil International Airport CEO Oleksiy Dubrevskyy. The move highlights Ukraine’s sustained efforts to court international investors, as it plans for its future after the war.
Persons: Michael O’Leary, O’Leary, , , Oleksiy Dubrevskyy, Philips —, Volodymyr Zelensky Organizations: London CNN, Ryanair, Boeing, European Union Aviation Safety Agency, European Union, Kherson —, Boryspil, Boryspil International, Conference, Citi, Sanofi, Philips, BlackRock, JPMorgan, Ukraine Development Fund Locations: Ukraine, Kyiv, Lviv, Odesa, Kharkiv, Kherson, , Ukrainian, Europe, London
Ukraine faces an enormous fundraising challenge, and it’s one that governments and development finance institutions won’t be able to meet without help from private investors. The Ukraine Development Fund is still in the planning stages and is not expected to launch until the conflict ends. But it faces a crucial test Wednesday, when it will canvas support from governments and investors attending the London conference. Attracting private investmentThe Ukraine Development Fund aims to raise so-called concessionary capital from governments and development finance institutions, and then use that to attract private investment. Sunak also unveiled a “war-risk insurance” framework Wednesday, backed by Group of Seven countries, which will help limit potential losses faced by private investors in Ukraine.
Persons: London CNN —, Rishi Sunak’s, Antony Blinken, Sergei Chuzavkov, Volodymyr Zelensky, Stefan Weiler, JPMorgan’s, Weiler, It’s, , Brandon Hall, ” Hall, Yan Dobronosov, ” Zelensky, Sunak, ” Sunak, Lenna Koszarny, — Jo Shelley Organizations: London CNN, Conference, Citi, Sanofi, Philips, Bank, World Bank, BlackRock, JPMorgan, Ukraine Development Fund, CNN, Fund, London, BlackRock’s, Group of, Private, Horizon Locations: Russia, Ukraine, London, United States, Russian, Kyiv, Ukrainian, Europe, East, Africa, Kupiansk
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