Vnukovo Airport is acquiring a 25.01% stake in the authorized capital of Perspektiva LLC for 16.5 bln rubles ($210.2 mln) to jointly manage Domodedovo Airport, Sheremetyevo and Vnukovo said.
Vnukovo Airport is acquiring a 25.01% stake in the authorized capital of Perspektiva LLC for 16.5 bln rubles ($210.2 mln) to jointly manage Domodedovo Airport, Sheremetyevo and Vnukovo said.
Bringing in Vnukovo Airport as Sheremetyevo’s partner in managing Domodedovo is intended to stabilize the airport’s operational and financial performance and improve the quality of services and opportunities available to airlines and partners, Sheremetyevo CEO Mikhail Vasilenko said.
He noted that Domodedovo "remains an extremely complex asset with chronic problems, high risks, a substantial debt burden and losses."
According to Vasilenko, Sheremetyevo’s partnership with Vnukovo is a carefully considered decision within the framework of a business project aimed at turning around of an important part of the Moscow aviation hub represented by Domodedovo Airport.











