The Board of Directors of Vnukovo Airport will consider the possibility of taking out a loan to the amount of 7 billion rubles on July 23rd, Interfax reports.

In addition it will consider the questions connected with the approval of internal documents on cutting the expenses for acquisition of goods, works and services of the airport.

The Board of Directors will also elect the Members of the Management Board and define the amount of their remuneration.

As reported by Vnukovo’s press-service, the loan will be taken out in order to complete the construction of the new Terminal A.

It was reported earlier that Vnukovo is carrying out the construction of new passenger terminal. The construction should be completed in 2012.

The implementation of the project for construction of Terminal A with a total area of 270 thousand square meters was started in February 2006. The airport’s capacity will reach 20 million passengers per year after the completion of Terminal A’s construction.

Vnukovo airport decreased the number of serviced passengers by 13% to 8,2 million ones in 2011. The major shareholder of Vnukovo Airport is the government of RF - 74,7353%; Vnukovo-Invest owns 25,0055% of shares.