Moscow's Sheremetyevo Airport preparing to resume international flights in July

Sheremetyevo Airport, Russia’s busiest, is bracing for a 66% fall in traffic this year as it plans to resume flights next month, its board chairman said, and expects it to take about a year before a return to pre-crisis levels. “We expect that the restoration of passenger traffic to levels seen in 2019 will gradually occur over the course of a year,” said Alexander Ponomarenko, who is also a co-owner of the airport. “We would like to believe that this will happen sooner.” Ponomarenko said he expected passenger traffic to be around 17m people if international flights resume in July. Moscow’s Sheremetyevo, base of state airline Aeroflot, handled 49.9m passengers last year. Ponomarenko said revenue, which stood at 82.1b roubles ($1.19b) in 2019, could fall to 32b this year. Sheremetyevo’s passenger traffic fell 96% in April and by 18% in Q1.<br/>