2013 Update on Russian Airport Expansion Plans: European Investment Opportunities

160 views
120 views

Published on

Key market players and industry analysts believe that Russia’s 30 major airports will be attractive investment opportunities over the next five to 10 years. The Russian Government, vying for an infrastructure breakthrough, has set out plans to build a network of regional airports in the country as well as modernising its road system and boosting the capacity of railroads and sea terminals.

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
160
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

2013 Update on Russian Airport Expansion Plans: European Investment Opportunities

  1. 1. 2013 Update on Russian Airport Expansion Plans: European InvestmentOpportunitiesKey market players and industry analysts believe that Russia’s 30 major airports will be attractiveinvestment opportunities over the next five to 10 years. The Russian Government, vying for aninfrastructure breakthrough, has set out plans to build a network of regional airports in thecountry as well as modernising its road system and boosting the capacity of railroads and seaterminals.An influential factor driving this initiative is the debt crisis in Europe and the US, and the fear of apotential ripple effect on Russia. Plans were announced by the Government in October 2011 to builda network of regional airports and revitalise short-haul air travel across the country. Proposals werealso mooted to extend the nations airport system beyond large cities and subsidise air travel to andfrom Russia’s Far East regions. Furthermore, airlines were set the task of replacing outdated aircraftwith newer models, which effectively means replacing older Russian variants with newer Boeing andAirbus models.In recent years, the Government had been making outlays for aerospace of just RUB1 billion perannum. The new plans in 2011 set out investment of RUB41 billion (USD1.35 billion) to upgradeairports – although this might also be expected to emanate from the private sector. A further RUB2billion (USD65.6 million) was allocated in 2012 to subsidise leasing rates for mid-range aircraft.To download this article in full please click here: http://tinyurl.com/8hz282uRelated event:The Airport Reconstruction and Development Russia and CIS Forum will take place in Moscow on 18-19 March 2013 - www.airportsrussia.com + 44 (0) 207 368 95 62Related content:Interview with Sergey Belyakov, Deputy Minister of Economic Development of the RussianFederation - http://bit.ly/Tb7QpcMore information on Russian aerospace can be found here - http://centreforaviation.com

×