Овсак О.П. к.е.н., доцент кафедри менеджменту зовнішньоекономічної діяльності підприємств Національний авіаційний університет Ліскович Н.Ю. аспірант кафедри менеджменту зовнішньоекономічної діяльності підприємств Національний авіаційний університет Назаренко О.П. асистент кафедри економіки та бізнес-технологій Національний авіаційний університет

The paper is devoted to research of the impact of gradual liberalization of aviation market on the country’s air transport industry development and on formation of external economic components of the country's GDP connected to it directly: export and import of air transport services. The study of the relationship between the operation indicators of air transport and formed external economic effects has been conducted using comparative, correlative and regression analysis based on the statistical data of Ukraine, which has its own air transport industry and is on the path of aviation liberalization. A strong dependence of the export of air transport services on the total number of international flights and its passengers was revealed. This determines the feasibility of tracking the external economic effects in the design of changes on directions and means of further development of country's air transport sector.

Introduction. Given the current complex realities of conducting aviation business in a pandemic, the application of large-scale measures to combat its spread, as well as taking into account the development of liberalization of the air market, analysis of the effectiveness of Ukrainian airlines and identify current trends in Ukraine's air transportation market is an important task. The purpose of the paper is to investigate state of air transportation market in Ukraine in dynamics, to identify current trends and status of national airlines. Results. After the recession of 2014-2015, the volume of international passenger traffic by domestic airlines increased during the period 2016-2019. In 2020, it decreased by 76 %. At the same time, passenger traffic of Ukrainian airlines decreased by 65 % compared to 2019. Over the past five years, Ukraine’s air transportation market has evolved from highly concentrated to moderately concentrated. During this period, domestic airlines were more active in carrying out charter flights, while foreign airlines began to dominate in performing regular and scheduled flights with active participation of leading European low-cost airlines. Analysis of the market share of airlines with the largest volumes of passenger air traffic in air market of Ukraine showed that over past three years there has been a rapid decline in market shares of leading network airlines, both domestic and foreign. There was a rapid growth of market shares of foreign airlines – low-cost carriers. Conclusions. The changes identified in the air transportation market of Ukraine can be explained not only by the consequences of the pandemic, but also by the consequences of air transportation market liberalization. The signing of the Agreement on the Common Aviation Area in September 2021 between Ukraine and the EU will have a direct impact on the development of air transportation market of Ukraine, both in terms of supply and demand. Domestic airlines will be able to benefit from market liberalization only if they increase their competitiveness.

Овсак О.П. к.е.н., доцент кафедри менеджменту зовнішньоекономічної діяльності підприємств Національний авіаційний університет Ліскович Н.Ю. аспірант кафедри менеджменту зовнішньоекономічної діяльності підприємств Національний авіаційний університет

Овсак О.П. к.е.н., доцент кафедри економіки та бізнес-технологій Національний авіаційний університет Назаренко О.П. асистент кафедри економіки та бізнес-технологій Національний авіаційний університет Зелінський В.В. студент Національний авіаційний університет