Moscow’s Sheremetyevo Airport reopens renovated Runway-1

Sheremetyevo International Airport in Russia’s capital Moscow has commissioned its newly renovated Runway-1, which is expected to increase the airport’s capacity to serve about 110m passengers per year. The new runway consists of two new high-speed-exit taxiways. The reconstruction of the runway, which was a part of the airport’s Long-term Development Programme, was completed at a cost of more than $114m. The project was financed directly, and investments made under the concession agreement terms will be recovered from the take-off and landing fees levied to aircraft. SIA board of director’s chairman Alexander Ponomarenko said: “We were able to do the reconstruction of Runway-1, which is an important stage in the development of the airfield complex thanks to the current concession agreement between the government, represented by Rosaviatsia, and Sheremetyevo airport. “As a result, today we have three runways, which—together with the development of terminal capacity and in the context of normalising passenger traffic volume—provide an opportunity to achieve our strategic goal: serving 110 million passengers per year.” Construction and installation work was finished within ten months, while the airport was still functioning.<br/>