Russian airport operator Basel Aero has signed an agreement with Gelendzhik authorities to construct a new terminal at Gelendzhik Airport, which is scheduled to open at the end of 2018. It was originally planned to be ready at the end of 2017. Basel Aero will invest up to 520 million rubles ($8.3 million) in the…
Iranian Mahan Air airline will launch regular flights on Tehran-Baku-Tehran route from October 31, press service of Heydar Aliyev International Airport reported. Azerbaijan State Civil Aviation Administration issued the relevant permission after receiving a request from the airline to perform flights three times a week. Flights are scheduled three times a week on Tuesdays, Wednesdays…
On September 28, the credit rating of Moscow Domodedovo Airport was affirmed at the same level, which evidences sustainability of the airport’s business model in challenging market conditions. According to Fitch Ratings’ evaluation, the external environment and associated changes have a certain impact on the company, however the removal of a set of limitations will…
Belavia has withdrawn its last two active Tu-154Ms from scheduled passenger service as of October 1. The type’s last regular flight was Minsk National-Gomel. The Belarus national carrier said the trijet would be used for charter flights ferrying workers to Belarus’s north. These services will continue until late December following which the aircraft will be…
All countries involved in the North-South Transport Corridor project have connected to the cargo transportation process, reads the message of the ADY Express company, logistics operator of Azerbaijan Railways CJSC. The company implemented reception, handling and shipment of three out of five 40-foot universal containers loaded with electrical equipment and spare parts in Azerbaijan’s Astara…
Ukrzaliznytsia has increased the annual wagon repair plan from 19,370 to 29,970, including to secure the growing exports of grain that could be 5 million tons a month by all means of transport by the end of this year. “The anticipated harvest is 83 million tons of grain and 45 million tons for exports. Five…
IFRS net profit of LLC Aeroexpress for H1 2016 grew by 42.09% to 459.802 million rubles from 323.601 million rubles for the same period in 2015, the company reported. Revenue increased by 2.09% to 2.72 billion rubles from 2.664 billion rubles, operating profit – by 29.73% to 831.215 million rubles from 640.728 million rubles, pre-tax…