Sheremetyevo airport co-owner drops Russia stake purchase plan Reuters 2/1/2021
By Gleb Stolyarov
MOSCOW, Feb 1 (Reuters) - TPS Avia Holding, which controls Moscow s main airport, has decided not to execute its right to buy a 30.5% stake from Russia, Sheremetyevo airport s chairman told Reuters.
The owner of more than 66% of Sheremetyevo, which was one of the busiest airports in Europe before COVID-19, at one stage planned to buy the stake from the Russian state, and possibly to attract a foreign partner for Russia s busiest airport.
But as the coronavirus crisis has hit passenger traffic, TPS decided against going ahead with the purchase, Alexander Ponomarenko, chairman of the board at Sheremetyevo, said.
Ålandsbankens vd: Vi valde den minst riskfyllda vägen | Realtid se - Kapitalmarknad, finansiering, strategiarbete & fondförvaltning realtid.se - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realtid.se Daily Mail and Mail on Sunday newspapers.