Regional airports take off

Private investors hope to create a hub system in the Russian regions.

Large Russian investment companies have been actively buying regional airports, hoping that the future of Russian air travel lies in an increase in connecting flights. Today Russia already boasts three large airport holdings that control the regional airports with the highest passenger traffic. They are the airport division of Viktor Vekselberg’s Renova; Basel Aero, part of Oleg Deripaska’s Basic Element; and Novaport – a subsidiary of Roman Trotsenko’s AEON Corporation. Together these holdings control 15 regional airports, some of which are expected to become full-fledged hub airports.

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