BEFORE THE 

DEPARTMENT OF TRANSPORTATION 

W ASHrNGTON, D.C. 

Application of 

Limited Liability Company '·Cavok Air" 

for a foreign air carrier pem1it pursuant 

to 49 U.S.C. § 41302 and an exemption 

pursuant to 49 U.S.C. § 40109(c) 

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) ______________________________ ) 

Docket OST 2014- 0 I 6 y 

DECLARATION 

I, Mykhailo Matiushenko, state that I am General Director of Limited Liability 

Company .. Cavok Air" (''Cavok Air"); that T am authorized to make this Declaration on 

behalf of Cavok Air; that I have read the attached application and exhibits and that the 

factual statements set forth therein are true and correct to the best of my knowledge and 

belief; and that the copy of the Air Operator Certificate issued to Cavok Air by the State 

Aviation Administration of Ukraine included among the exhibits is a true and correct copy 

of such certificate. I declare under penalty of perjury under the laws of the United States of 

America that the foregoing is true and correct. 

Executedon t

0

! 1. L1e 2014 ----' 

khailo Matiushenko 

neral Director 
EXHIBIT 

CVK-1 

CVK-2 

CVK-3 

CVK-4 

CVK-5 

CVK-6 

CVK-7 

CVK-8 

CVK-9 

CVK-1 0 

CVK-11 

CVK-12 

CVK-13 

CVK-14 

CVK-15 

CVK-16 

CVK-1 7 

CVK-18 

LIST 0 F EXHIBITS 

CONTENTS 

Corporate Information & Government Oversight 

Service Proposal 

Officers, Directors, and Key Personnel 

Ownership Information 

Stockholdings of Officers, Directors, and Key Personnel 

Relationship with the Government of Ukraine 

Insurance Coverage 

Operator's Certificate 

Operating History 

Aircraft Inventory 

Maintenance Arrangements 

Agreements with Other Carriers Affecting the Service Proposal 

Financial Data Summaries 

Financial Projections 

Governmental Financial Assistance 

Bilateral Agreement & Designation 

Safety & Tariff Violations 

Waiver of Liability Limits Under Warsaw/Montreal Convention 
EXHIBIT CVK-1 

CORPORATE INFORMATION & GOVERNMENT OVERSIGHT 

I. Background Information 

Limited Liability Company "Cavok Air" ("Cavok Air" or "Cavok") is a company 

initially founded and registered as a legal entity on October 21 , 2011 under the applicable laws 

ofUkraine (Legal Entity ID No. 37949734). Currently 100% ofCavok Air's shares are held 

privately, as is to be shown further in Exhibit CVK-4. 

Cavok Air started operations as a charter cargo carrier in April of2012, when its Air 

Operator Certificate was initially issued to it by the State Aviation Administration of Ukraine 

("SAAU"). Cavok Air's Air Operator Certificate (AOC No. UK 035) was most recently issued 

to it by SAAU on April 18, 2013. 

Cavok Air is registered with the International Civil Aviation Organization ("ICAO"). Its 

ICAO-assigned code is CVK. 

Cavok Air is currently operating one Antonov AN-74TK-100 and four Antonov AN-12 

aircraft. The particular characteristics of the aircraft operated by Cavok Air, such as mechanized 

cargo door and ramp capability, allows it to successfully and economically transport rolling 

stock, vehicles, livestock and other types of cargo, at the same time operating from complicated 

runways, including concrete and unpaved runways and even grass landing strips. 

Cavok Air is headquartered in Kyiv, Ukraine, and has two aircraft bases - Chemovtsy 

International Airport (Chemovtsy, Ukraine), and Kyiv/Zhuliany International Airport (Kyiv, 

Ukraine). It specializes in cargo charter transportation services domestically in Ukraine and 

internationally, including destinations in Europe, Africa, Asia, Middle East, Far East, Australia, 

and the Pacific. 
EXHIBIT CVK-1 

Cavok Air has developed its reputation as a reliable cargo air carrier. As is evidenced by 

the statistics listed below, Cavok Air is a steadily developing and growing operator. Cavok Air's 

annual net revenue for 2012 and 2013 respectively, was USD $1,474,000 and USD $3,008,000. 

Cavok Air carried 1,219,575kg in 2012; and 3,596,890kg in 2013, and operated 613 international 

charter flights in those two years. 

Cavok Air is a limited liability company, with management control vested in its officers, 

directors, and key management personnel. A list of such personnel can be found in Exhibit 

CVK-3. Cavok Air's day-to-day operations are effectively managed by the citizens of Ukraine. 

As a limited liability company, and in compliance with its Charter, the governing bodies 

of Cavok Air are the General Meeting of Shareholders, the General Director, and Auditing 

Commission. The distribution of powers vested in each of the governing bodies listed above is 

set forth in the company's Charter. Day-to-day operations ofCavok Air are managed by the 

General Director, and the key management personnel. A list of such personnel can be found in 

Exhibit CVK-3. 

II. Specific Corporate Information 

A. Name and Address of Applicant: 

Limited Liability Company "Cavok Air" 

Mailing Address: 

3 Obolonska Naberezhna, Building 3, Suite 2, Kyiv, 04210 Ukraine 

Registered Address: 

3 Obolonska Naberezhna, Building 3, Suite 2, Kyiv, 04210 Ukraine 
EXHIBIT CVK-1 

B. Corporate Form & Country of Organization: 

As noted above, Cavok Air is a limited liability company that was incorporated 

under the laws of Ukraine. 

III. The names and addresses of the Ukrainian governmental authorities having regulatory 

jurisdiction over Ukraine International's air transport operations are: 

The State Aviation Administration of Ukraine 

14 Peremogy Avenue, 01135 Kyiv, Ukraine 
EXHIBIT CVK-2 

SERVICE PROPOSAL 

Cavok Air requests a foreign air carrier permit authorizing it to engage in charter air 

transportation of cargo between any point or points in Ukraine and any point or points in the 

United States, as well as any point or points in the United States and any point or points in a third 

country or countries subject to pertinent national, bilateral and international rules and 

regulations. 

Cavok Air plans to open its US operations as soon as the Department permits them. For 

its contemplated services, Cavok Air intends to operate both its Antonov AN-74TK-l 00 and 

Atonov AN-1 2 equipment. Cavok Air may further expand the proposed services using other 

aircraft in the future. 
EXHIBIT CVK-3 

OFFICERS, DIRECTORS, AND KEY PERSONNEL 

Managerial and operational control of Cavok Air is vested in its General Director as its 

chief executive officer. In his duties the General Director is assisted by Directors and Managers 

responsible for the major organizational units of the company. Listed below are the names and 

residential and business addresses of all of Cavok Air's key management personnel, officers and 

directors as defmed in Section 21 1.20( d) of the Department's Regulations. Cavok Air's key 

management personnel are citizens of Ukraine. 

To Cavok Air's best knowledge, the individuals listed below are not related by blood or 

marriage. 

Because Cavok Air has been providing direct air service for more than one year, it is not 

necessary to summarize the business experience of its directors, officers, or key management 

personnel. See 14 C.F.R. § 211.20(d). 
EXHIBIT CVK-3 

Key Management Personnel 

Title(s) Name & Residence Address Business Address 

General Director 

Mykhailo MA TIUSHENKO 3 Obolonska Naberezhna, 

16-175 Novoye Shosse, Building 3, Suite 2, Kyiv, 

Bucha, Kyiv Region, Ukraine 04210 Ukraine 

Executive Director Oleksandr VOLOBOI 

3-83 Kumatovskogo Street, Kyiv, Same as Above 

Ukraine 

Commercial Volodymyr MINENKO 

Director 4A-19 Gusovskogo Street, Kyiv, Same as Above 

Ukraine 

Technical Director Serhii POLIAKOV 

77 Molodezhna Street, Same as Above 

Chemyshove, Crimea 

Financial Director Oleksandr OGUL Y A 

116A-69 Peremogi Avenue, Kyiv, Same as Above 

Ukraine 

Corporate Affairs Anton CHERNENKO 

Manager 8-1 05 Sribnokilska Styreet, Same as Above 

Kyiv, Ukraine 

HR, Organization, Olga DUDKINA 

Same as Above and Insurance 11 -2 Lenina Street, Novisilky, 

Manager Kyiv Region, Ukraine 

Service and Vadym VOLKOV 

Logistics Manager 17119-41 Viborzka Street, Same as Above 

Kyiv, Ukraine 

Flight Operations Dmytro DZHEV AGA 

Manager Same as Above 17/19-41 Viborzka Street, Kyiv, 

Ukraine 

Quality and Safety Volodymyr IEZHOV 

Control Manager Same as Above 3A Shiroky A venue, 

Vishneve, Kyiv Region, 

Ukraine 

Aviation Security Valerii MARKIT AN 

Manager 2112-114 M. Zalka Street, Same as Above 

Kyiv, Ukraine 

Chief Accountant Nina DEREVIANNYKH 

57G-32 Szherbakova Street, Same as Above 

Kyiv, Ukraine 
EXHIBIT CVK-4 

OWNERSHIP INFORMATION 

Cavok Air is a limited liability company formed and registered under the laws of 

Ukraine. 100% ofCavok Air's shares are held privately by Mr. Valery Bedokurov, a citizen of 

Ukraine. 
STOCKHOLDINGS OF OFFICERS, 

DIRECTORS AND KEY PERSONNEL 

EXHIBIT CVK-5 

Cavok Air's officers, directors, and key personnel do not hold any interest in (I) any U.S. 

carrier; (2) any other foreign air carrier; (3) any persons engaged in the business of aeronautics; 

or ( 4) any common carrier, or any person whose principal business is the holding of stock in, or 

control of, any air carrier. 
EXHIBIT CVK-6 

RELATIONSHIP WITH THE GOVERNMENT OF UKRAINE 

As noted in Exhibit CVK-1 , Cavok Air is a privately held limited liability company. 

Cavok Air is a separate legal entity having an independent balance sheet, separate property, and 

the rights to conclude contracts, acquire real, personal and intangible property rights, and bear 

independent liability. Cavok Air acts under free-market principles whereby the State is not liable 

for any commitments of Cavok Air, and Cavok Air is not liable for the obligations of the State. 

Therefore, Cavok Air has the authority to independently control its own managerial 

decisions, and its officers, directors, and key personnel are charged with, and carry out, that 

responsibility.